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MFSA: deadline extensions for regulated entities
InsightsCovid-19 NewsroomCovid-19: Sectorial measures
MFSA: deadline extensions for regulated entities
The Malta Financial Services Authority issued a Circular about Regulatory reporting due to Covid-19 pandemic.
While the MFSA expects regulated firms to have contingency plans in place relating to the outbreak of COVID-19, it also understands the need to apply a certain degree of flexibility in the applicable deadlines for the submission of regulatory reporting falling due over the next months.
The MFSA will in fact a allow limited delay in the submission of information required in terms of the applicable legal and regulatory framework for regulated entities as follows:
Extension | Regulated entity |
Extension of two months to all entities in scope for next submissions due by March or by April 2020. | Corporate Service Providers Trustees Professional Investor Funds Recognised Persons (RFAs, RICCs, PCIS), De Minimis AIFMs Insurance Intermediaries Pension schemes Retirement Scheme Administrators |
Extension up to two months to entities in scope for next submissions due by March or by April 2020 following an official request and on a case by case basis | UCITS and UCITS ManCos, AIFs and AIFMs Investment Service Providers (Cat 1 – 4) |
Extension for next submissions due by March or April may be provided subject to receipt of the official request and on a case by case basis | Credit Institutions Financial Institutions |
Extension for next publications which are due four months after the end of following official request explaining exceptional circumstances and on a case by case basis | Guarantors of listed companies |
Financial analysis summary - Extension of two months for next publications which are due by two months after the publication of the audited financial statements | Listed companies |
To download the MFSA circular, please visit https://www.mfsa.mt/.
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