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On the 22nd of December, 2014 the MFSA commenced a consultation process on proposed amendments to the Insurance Business Act and the Insurance Intermediaries Act.

On the 8th January 2025, the directive establishing a framework for the recovery and resolution of insurance and reinsurance undertakings, better known as the Insurance Recovery...

Cell companies have been an established feature of Maltese legislation since 2004, following the enactment of the PCC Regulations.

Further to this Consultation Document, the MFSA has issued a feedback statement on the comments received in relation to the proposed amendments to the Insurance Business Act and Insurance Intermediaries Act.

Interested parties are kindly asked to submit any comments in writing by not later than Tuesday 10th November 2015.

In December 2023, the Accountancy Profession (General Accounting Principles in respect of certain Eligible Entities related to the business of Insurance) Regulations (the "Regulations")...

Following the application of the Conduct of Business Rulebook to the insurance sector on the 1st October 2018

As part of Malta's drive to introduce capital markets activity, legislation for Re-insurance Special Purpose Vehicles was enacted and the PCC concept was extended to the Reinsurance Special Purpose Vehicles.

This month's edition of Reactions looked at Malta's main selling points, and discussed with MFSA Chairman Prof Joe Bannister the latest development in the sector.

In the 2022 Annual Report of the Malta Financial Services Authority ("MFSA"), the Authority referred to the discussions which were being held with the Malta Insurance Management Association...

Directive 2002/92 on Insurance Mediation (IMD) lays down rules for the taking-up and pursuit of the activities of insurance and reinsurance mediation by both natural and legal persons which are established, or who wish to become established, in a Member State.

The MFSA issued a consultation document proposing the introduction of external auditing requirements for certain quantitative reporting templates that will form part of the Solvency Financial Condition Report.

The domicile has also developed an innovative product structuring framework, such as protected cell companies, reinsurance special purpose vehicles and insurance securitisation cell legislation...

The withdrawal of the UK from the EU might have an impact on the solvency position of insurers and reinsurers.

But the consequences for the London insurance market could be very serious and as such they merit to be addressed immediately.

Following the UK voters' decision to exit the European Union, several financial services firms, including insurance companies, are in the process of analyzing possible contingency plans...

European insurers were given a clean bill of health following European-wide stress tests carried out by EIOPA.