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Act No. II of 2010 - Financial Institutions and other Financial Sevices Laws (Amendment) Act, 2010 and to implement Directive 2007/64/EC

Eleventh Legislature (2008 - 2013)


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Published on 07 May 2010

Bill No. 46 - Financial Institutions and other Financial Services Laws (Amendment) Bill and to implement Directive 2007/64/EC

Objects and Reasons

The main object of this Bill is to transpose Titles I and II, and Articles 80, 83 and 92 of Directive 2007/64/EC of the European Parliament and of the Council of 13 November 2007 on payment services in the internal market amending Directives 97/7/EC, 2002/65/EC, 2005/60/EC and 2006/48/EC and repealing Directive 97/5/EC, as well as to affect some amendments to the Malta Financial Services Authority Act, Cap. 330, and the Banking Act, Cap. 371.

Motion No. 125 - Various Laws relating to Financial Institutions and Services (Amendt) Bill (Directive 2007/64/EC)