MLT GVT Banking Supervisory Review


On Oct. 4, MLT GVT added new DORA definition to the regulations.


  • MLT GVT published the Banking act (supervisory review) (amendment) regulations, 2024 (Reg 253 of 2024) which amends the principal regulations S.L. 371.16.
  • Follows MLT GVT Jul. 2024 issued digital operational resilience regs, see #219715.
  • Scope
  • Transpose art 4(4)of Dir 2022/2556 re digital operational resilience for financial sector.
  • New definition added under reg 2 on Dora operational resilience act (DORA) regulation.
  • Effectiveness
  • The regulations come into force on Jan. 17, 2025.

Regulators MLT GVT
Entity Types B/D; Bank; BS; CNSM; IA; Ins; Inv Co; MSB
Reference OG 21,323, Reg 253 of 2024, 10/4/2024; DORA Dir 2022/2556, Reg 2022/2554; Citation: Reg 253 of 2024;
Functions Compliance; Cyber; Legal; Operations; Reporting; Risk; Technology
Countries Malta
Category
State
Products Banking; Cryptocurrency; Equity; Fund Mgt; Insurance; Payments; Securities
Regions EMEA
Rule Type Final
Rule Date 10/4/2024
Effective Date 1/17/2025
Rule Id 228830
Linked to Rule :219715
Reg. Last Update 10/4/2024
Report Section EU

Last substantive update on 10/08/2024