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Bill No. 79
Various Financial Services Laws (Amendment) Bill Back to List

Eleventh Legislature (2008 - 2013)

Objects and Reasons

The object of this Bill is to implement, in part, certain provisions of Directive 2009/110/EC of the European Parliament and of the Council of 16 September 2009 on the taking up, pursuit and prudential supervision of the business of electronic money institutions amending Directives 2005/60/EC and 2006/48/EC and repealing Directive 2000/46/EC; in part, to implement certain provisions of Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (recast); and to effect amendments to the Malta Financial Services Authority Act, the Trusts and Trustees Act, the Financial Markets Act, the Investment Services Act, the Banking Act, the Financial Institutions Act, the Companies Act, the Insurance Business Act, the Prevention of Financial Markets Abuse Act, the Securitisation Act, and the Insurance Intermediaries Act.

Motion No. 217 - Various Financial Services Laws (Amendment) Bill

Act No. X of 2011 - Various Financial Services Laws (Amendment) Act

 

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