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pc nid 92324 May 01, 2026 tojuri@vixio.com Malta Malta Financial Services Authority horizon scanning
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Malta Financial Services Authority Amends Investment Services Rulebooks for Directive 2024/927(EU)

On April 30, 2026, the Malta Financial Services Authority (MFSA) published amendments to the Investment Services Rulebooks to implement Directive 2024/927(EU). The amendments address regulatory requirements established under the directive, which governs investment services and activities within the European Union. The MFSA's updates to the Investment Services Rulebooks ensure that Malta's regulatory framework aligns with the directive's provisions and maintains consistency with EU-wide standards for investment services supervision. The Investment Services Rulebooks establish requirements for investment firms, including those providing services such as reception and transmission of orders, investment advice, portfolio management, and underwriting. These amendments apply to all regulated investment service providers operating in Malta and fall under the MFSA's supervisory remit for capital markets and investment services. The MFSA publishes circulars and rulebook amendments to communicate regulatory changes to licence holders and other market participants. The authority maintains a comprehensive framework for investment services supervision, which encompasses areas including MiFID (Markets in Financial Instruments Directive) implementation, continuing obligations for listed entities, conduct of business rules, and market abuse prevention. Regulated firms and investment service providers should review the amended rulebooks to ensure full compliance with the updated requirements. The MFSA's Licence Holder Portal provides access to regulatory documentation and guidance. Further information regarding the amendments and their application is available through the MFSA's official website and direct contact with the authority. REFERENCES: Malta Financial Services Authority. (2026). Various Amendments to the Investment Services Rulebooks for the Purposes of Directive 2024/927(EU). Retrieved from https://www.mfsa.mt/

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Malta Financial Services Authority Amends Investment Services Rulebooks for Directive 2024/927(EU)

On April 30, 2026, the Malta Financial Services Authority (MFSA) issued a circular detailing amendments to the Investment Services Rulebooks to implement Directive (EU) 2024/927 The amendments address regulatory requirements established under the directive, which governs investment services and activities within the European Union. The amendments made to the Investment Services Rulebook include: The Investment Services Rules for Fund Managers Part BII: Standard Licence Conditions applicable to Investment Services Licence Holders which qualify as UCITS ManCos covering: Ancillary services. Enhanced dual control requirements Outsourcing. Ancillary services. Enhanced dual control requirements Outsourcing. The Investment Services Rules for Retail CIS: Part BII – Malta-based Retail UCITS Collective Investment Schemes covering: Liquidity management tools. Enhanced dual control requirements. Delegation reporting. Prior notification requirements. Outsourcing. Disclosure and reporting. Liquidity management tools. Enhanced dual control requirements. Delegation reporting. Prior notification requirements. Outsourcing. Disclosure and reporting. The Investment Services Rules for AIFs Part B Appendix 4 – Contents of the Offering Document Investment Services Rules for AIFMs Part B Appendix 13 – Transparency Requirements Regulated firms and investment service providers should review the amended rulebooks to ensure full compliance with the updated requirements. The revised rulebooks enter into force on May 1, 2026, the day after the circular is published.