Financial Markets Act (Cap. 345)
Financial Markets Act (Cap. 345), article 13
13. (1) The competent authority may, from time to time,
issue and publish Capital Markets Rules which shall be binding on all
persons approved by it or falli ng under its regulatory or super visory
functions and others as may be specified therein.
(2) Without prejudice to the generality of sub-article (1),
Capital Markets Rules issued b y the competent authority may:
(a) lay down additional requirements and conditions in
relation to persons approved by it, seeking its
approval, or falling under the regulatory or
supervisory functions of the competent authority, their
activities, the conduct of their business, their relations
with customers, the public and other parties, their
responsibilities to the competent authority, reporting
requirements, financial r esources, capital adequacy
and related requirements, and any other matters as the
competent authority may consider appropriate;
(b) p r o v i d e f o r t h e r e t u r n s , s tatements and notices to be
made or given for any purposes in regard to which the
competent authority exercises supervisory or
regulatory functions, and the form and contents
thereof;
(c) prescribe the information that such persons are to
submit to the comp etent authority;
(d) transpose, implement and give effect to the provisions
and requirements of the Prospectus Regulation , the
D i r e c t i v e s a n d a n y o t h e r legislative measures of the
European Union requiring transposition or
implementation; and, or
(e) regulate any matter that is incidental to or connected
with any of the matters mentioned above as the
competent authority may consider appropriate in the
performance of its functions.
(3) Capital Markets Rules may be made subject to such
exemptions or conditions as may be specified therein, may make
FINANCIAL MARKETS [CAP. 345. 31
different provision for different cases, circumstances or purpo ses and
may give to the competent author ity such powers of adaptation o f the
Capital Markets Rules, as may also be so specified.
Delegation of
functions and
powers of the
Listing Authority.
Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.