meta_id 3107463

On April 28, 2026, the Malta Financial Services Authority (MFSA) issued a circular to credit institutions regarding amendments to the reporting template for correspondent banking payment transactions. The circular provides updated guidance on reporting requirements for credit institutions engaged in correspondent banking activities. Correspondent banking involves the provision of payment and other services by one financial institution (the correspondent) to another financial institution (the respondent), typically across borders. The amended reporting template establishes standardised requirements for how credit institutions must report information on correspondent banking payment transactions to the MFSA. The circular forms part of the MFSA's ongoing supervisory framework for banking institutions operating in Malta. It ensures that credit institutions maintain consistent and accurate reporting standards in relation to their correspondent banking operations, supporting the authority's supervision and monitoring of cross-border payment flows and financial crime compliance. Credit institutions authorised to operate in Malta are required to comply with the requirements set out in the circular. The amendments to the reporting template reflect evolving regulatory expectations and supervisory priorities within the correspondent banking sector. The circular and accompanying reporting template are available on the MFSA website alongside other supervisory guidance and resources for regulated firms. **REFERENCES:** Malta Financial Services Authority. Circular to Credit Institutions on Amendments to the Reporting Template on Correspondent Banking Payment Transactions. April 28, 2026. Available at: https://www.mfsa.mt/