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ARTICLE · 02 DECEMBER 2021

Banking & Fintech Newsletter – Issue No. 31

Ganado Advocates
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MFSA has recently published a Circular containing guidelines on the improvement of management of banks' credit risk profiles after carrying out an assessment on Maltese Banks' credit risk management throughout 2021.

MaltaFinance and Banking
Leonard Bonello
Leonard Bonello
James Debono
James Debono
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In this issue:

  • MFSA: Circular following an assessment on Credit Risk Management in Malta's Banks
  • EBA issues an Environmental Statement in support of more sustainable finance and economies in light of COP26
  • Banks ought to consider Climate Change Risks in their Business Plans - MFSA
  • EBA provides guidance on how Banks are to be granted Authorisation
  • EBA consults on the proposed amendment to its RTSs on strong customer authentication and secure communication regarding the 90-day exemption for account access
  • EBA replies to the European Commission's call for advice on funding in resolution and insolvency as part of the review of the crisis management and deposit insurance framework

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