Application and licensing process, application documents, reporting requirements, ongoing obligations fees and criteria for establishing a FI in Malta
2. Licence Application
3. Post Licensing & Pre Commencement of Business
Financial Reporting Requirements
Financial Institutions are required to publish Annual Reports 4 months following year end.
Financial Institutions in Malta are required to submit Regulatory Returns to the MFSA and the Central Bank of Malta at specific intervals. Financial Institutions may be subject to submit all or some of the following information, depending on their activities, risk exposures, and other factors which the MFSA will deem relevant for the purposes of their assessment.
1 As reported at the end of the year immediately before the year in which the fee is payable
2 Shall be proportionate to the period between the date when the license is granted and the end of that calendar year
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KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.