Valuable information emerges providing insights into the varying
approaches of Competent Authorities (CA) across EU Member States.
This summary is intended for Fintech stakeholders considering PSD2
authorisation in Malta, as well as regulatory professionals seeking
comparative insights across the authorization processes in EU
Member States.
Downward EU trend vs Malta's Successful Performance
While the EBA report highlights the downward trend in requests
for EMI and Payment Services authorisations, Malta is bucking the
trend having recorded a 43% increase in applications for the
two-year period under review. Malta received the third highest
number of applications in the EU and granted the highest number of
authorisations – 21 in two years. From other information
available on the market, it is expected that the period 2025
– 2027 will continue showing a strong demand for both PSD2
and CASP licensing (under the MiCA Regulation) in Malta.
