pc
nid 92102
Apr 22, 2026
tojuri@vixio.com
Malta
Malta Financial Services Authority
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1669 charsMalta Financial Services Authority Launches Consultation on Conduct of Business Rulebook Amendments for Insurance and Investment Firms
On April 21, 2026, the Malta Financial Services Authority (MFSA) launched a consultation on proposed amendments to the Conduct of Business Rulebook (COBR) applicable to insurance business and investment firms.
The consultation document (Reference Number: 01-2026) invites stakeholders to provide feedback on the draft amendments to the COBR. The proposed changes aim to update and refine the conduct of business requirements applicable to insurance undertakings and investment firms operating in Malta. The MFSA has made available a draft Conduct of Business Rulebook alongside the consultation document to facilitate stakeholder review and analysis. These amendments form part of the MFSA's broader supervisory framework to ensure that regulated entities maintain appropriate standards of conduct and consumer protection. The consultation seeks input from industry participants, consumer representatives, and other interested parties on the effectiveness and appropriateness of the proposed regulatory amendments.
The consultation period closes on May 11, 2026. Stakeholders wishing to submit feedback on the proposed amendments should do so by the expiry date. Following the consultation period, the MFSA will review all submissions received and publish a feedback statement outlining how stakeholder input has been considered in finalising the amendments. The draft Conduct of Business Rulebook and consultation document are available on the MFSA website.
**REFERENCE:**
Malta Financial Services Authority Consultation Document – Proposed Amendments to the Conduct of Business Rulebook (COBR) Applicable to Insurance Business and Investment Firms (April 21, 2026)
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1707 charsMalta Financial Services Authority Launches Consultation on Conduct of Business Rulebook Amendments for Insurance and Investment Firms
On April 21, 2026, the Malta Financial Services Authority (MFSA) launched a consultation on proposed amendments to the Conduct of Business Rulebook (COBR) applicable to insurance business and investment firms.
The proposed changes aim to update and refine the conduct of business requirements applicable to insurance undertakings and investment firms operating in Malta. The transposition of Directive (EU) 2024/2811 will require a number of amendments to the COBR in order to ensure alignment with the revised MiFID II framework. The amendments are intended to reflect the updated EU requirements and to ensure that the regulatory framework remains consistent with the evolving European legislative landscape governing investment services and activities.
In addition to the amendments arising from the transposition of Directive (EU) 2024/2811, the MFSA has identified several necessary updates to the COBR stemming from national regulatory developments. These amendments are intended to clarify existing requirements, provide additional guidance and ensure a consistent application of the rulebook for licence holders.
These amendments form part of the MFSA's broader supervisory framework to ensure that regulated entities maintain appropriate standards of conduct and consumer protection. The consultation seeks input from industry participants, consumer representatives and other interested parties on the effectiveness and appropriateness of the proposed regulatory amendments.
The MFSA invites comments on all matters in this consultation paper, particularly on the questions outlined throughout the consultation document. Interested parties are encouraged to send their comments by May 11, 2026.