On Apr. 23, MLT FSA issued a circular on conduct-related data return.
MLT FSA updated on submission of conduct related data return for credit institutions.
The circular that has been issued informs the industry about the revisions carried out on the conduct-related data return (return) for credit institutions.
Follows MLT FSA Dec. 2022 issued consulted on credit institutions rules, see #155620.
Revisions
Revised to capture more details of credit institution activities for supervision purposes.
The list of surveys covering the calendar year 2023 include financial innovation, cross-border activity, products and marketing, complaints, office of the arbiter, online and social presence, branches, sustainable finance, list of products, additional details.
Credit institutions urged to refer to guidelines/glossary when compiling the return for any clarifications they may need in respect of the info to be included in the survey.
Credit institutions also urged to refer to latest version of return available on website.
Effectiveness
Institutions are required to submit the return for calendar year 2023 by May 31, 2024.
