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 by e-mail. The following Directives have been published by the Central Bank of Malta:-Directive No. 1: Provision and Use of Payment Services (1860kb)Directive No. 2: Payment and Securities Settlement Systems (134kb)Directive No. 3: Cross-border Credit Transfers - Repealed on 12 January 2010Directive No. 4: Electronic Payment Services - Repealed on 12 January 2010Directive No. 5: Statistical Reporting Requirements (127kb)Directive No. 6: Harmonised Conditions for Opening and Operating Payments Module Accounts, T2S Dedicated Cash Accounts in TARGET2-Malta, and Tips Dedicated Cash Accounts in Target2-Malta (1099kb)Directive No. 7: Provision of Intraday Credit and Auto-Collaterisation (226kb)Directive No. 8: Monetary Policy Instruments and Procedures (2,481kb)Directive No. 9: Collection of Information - Repealed on 6 February 2012Directive No. 10: Authentication, Fitness Checking and Recirculation of Euro Banknotes and Coins (147kb)Directive No. 11: Macro-prudential Policy (375kb)Directive No. 12: Administrative Measures and Penalties for Infringements under the Central Bank of Malta Act (333kb)Directive No. 13: Approval of Payment Systems (216kb)Directive No. 14: Central Credit Register (709kb)Article 56 of the Act (Cap. 204) allows the Bank to impose administrative penalties in respect of non-compliance with its Directives.