Central Bank of Malta Directives

The Central Bank of Malta is empowered to issue Directives under the Central Bank of Malta Act (Cap. 204). These Directives have the force of law in Malta. Requests for interpretation of matters relating to these Directives are to be addressed to the Bank via our Contact Us Form. The following Directives have been published by the Central Bank of Malta:

Directive No. 1: Provision and Use of Payment Services
Directive No. 2: Payment and Securities Settlement Systems
Directive No. 3: Cross-border Credit Transfers - Repealed on 12 January 2010
Directive No. 4: Electronic Payment Services - Repealed on 12 January 2010
Directive No. 5: Statistical Reporting Requirements
Directive No. 6: New Generation Trans-European Automated Real-Time Gross Settlement Express Transfer System (TARGET)
Directive No. 7: Provision of Intraday Credit and Auto-Collateralisation - Repealed on 20 March 2023
Directive No. 8: Monetary Policy Instruments and Procedures
Directive No. 9: Collection of Information - Repealed on 6 February 2012
Directive No. 10: Authentication, Fitness Checking and Recirculation of Euro Banknotes and Coins
Directive No. 11: Macro-prudential Policy
Directive No. 12: Administrative Measures and Penalties for Infringements under the Central Bank of Malta Act
Directive No. 13: Approval of Payment Systems
Directive No. 14: Central Credit Register
Directive No. 15: Supervision of Credit Reference Agencies
Directive No. 16: Regulation on Borrower-Based Measures
Directive No. 17: Business continuity measures concerning deposit and withdrawal of cash, deposit and encashment of paper-based instruments and provision of services through alternative delivery channels - Repealed on 9 May 2022
Directive No. 18: On Moratoria on Credit Facilities in Exceptional Circumstances - Repealed on 3 May 2024
Directive No. 19: On the Use of Cheques and Bank Drafts
Directive No. 20: On Cross-Border Payments

Article 56 of the Act (Cap. 204) allows the Bank to impose administrative penalties in respect of non-compliance with its Directives.