Malta Financial Services Authority Act (Cap. 330), article 20E

20E. The Minister may, acting on the advice of the Authority, make regulations for the following purposes: (a) to implement and, or give effect to: (i) the requirements of Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC and 2014/ 17/EU and Regulation (EU) No. 596/2014, and to otherwise regulate the supervision of supervised entities within the meaning of Regulation (EU) 2016/1011; and (ii) the requirements of Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of re-use and amending Regulation (EU) No. 648/2012, and to otherwise regulate the supervision of financial counterparties and non-financial counterparties within the meaning of Regulation (EU) 2015/2365; (b) where regulations have been made in terms of this article, the Authority may issue Rules for the better carrying out of, and to better implement, the provisions of the regulations; 26 CAP. 330.] MALTA FINANCIAL SERVICES AUTHORITY (c) to establish and impose administrative penalties and other administrative measures as may be specified therein for the purposes o f implementing Regulation (EU) 2016/1011 and Regulation (EU) No 2015/2365 and to provide for appeals therefrom to the Financial Services Tribunal. Language of regulations. Added by: XIII. 2004.70. Amended by: XX. 2007.9. Re-numbered by: XXI. 2015.6; XXXI. 2017.8.