News & Events

MFSA issues a Circular on Group Supervision under Solvency II

GANADO Advocates - October 16, 2014 - Categories: Other News
On the 13th October 2014, the Malta Financial Services Authority (MFSA) issued a circular regarding re/insurance undertakings in a group. Undertakings are to inform the MFSA whether they fall within the scope of group supervision under Solvency II by the 14th November 2014.

MFSA Consultation Document on the Proposed Review of Fees for Insurers, Intermediaries and Retirement Funds for 2014 – 2018

GANADO Advocates - December 23, 2013 - Categories: Other News
Since its inception, the MFSA has sought to generate predictability and stability in relation to the regulatory fees charged to licence holders. In proposing the new fees for insurers, reinsurers, insurance intermediaries and retirement funds, the MFSA has acknowledged that operational supervisory costs have increased as a result of tighter EU requirements.