Compensation Schemes – Reports & Financial Statements

Depositor Compensation Scheme

The Depositor Compensation Scheme is a rescue fund for depositors of failed banks which are licensed by the Malta Financial Services Authority. The Scheme can only pay compensation if a bank is unable to meet its obligations towards depositors or has otherwise suspended payment. The Scheme is based on the EU Directive 94/19 on deposit-guarantee schemes.

More information about the Depositor Compensation Scheme is available from www.compensationschemes.org.mt

Click here for Annual Reports and Audited Financial Statements of the Depositor Compensation Scheme

Investor Compensation Scheme

The Investor Compensation Scheme is a rescue fund for customers of failed investment firms which are licensed by the Malta Financial Services Authority. The Scheme can only pay compensation if a licensed investment firm is unable or likely to be unable to pay claims against it. In general this is when the licensed firm stops trading or becomes insolvent. The Scheme is based on the EU Directive 97/9 on investor-compensation schemes.

More information about the Investor Compensation Scheme is available from www.compensationschemes.org.mt

Click here for Annual Reports and Audited Financial Statements of the Investor Compensation Scheme

Protection and Compensation Fund

The aim of the Protection and Compensation Fund is two-fold: (i) to pay for any claims against an insurer which have remained unpaid because the insurer became insolvent. These claims must be in respect of protected risks situated in Malta or protected commitments where Malta is the country of commitment, and (ii) to compensate victims of road traffic accidents in certain specified circumstances.

More information about the Protection and Compensation Fund is available from mymoneybox.mfsa.com.mt

Click here for the Audited Financial Statements of the Protection and Compensation Fund