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News - Media Releases 2023

17/07/2023

Licence to Malta Credit Bureau Limited to operate as a Credit Reference Agency

On 2 August 2023, the Commerce Department's Trade Licencing Unit, in consultation with the Central Bank of Malta (the 'Bank'), granted Malta Credit Bureau Limited (C 99566) a five year renewable licence to operate as a credit reference agency (CRA). The function of a CRA is primarily to issue credit scores on natural and legal persons, including credit institutions. In line with article 47(B)(3) of the Trade Licensing Act (Cap 441) - Trade Licences Regulation, (S.L. 441.07), the CBM Act (Chapter 204 of the Laws of Malta), and CBM Directive No. 15, the Bank is responsible for the supervision of CRAs. For more information kindly visit the Central Bank of Malta website. Details of the licenced CRA are available on the Bank's Register of Credit Reference Agencies webpage.

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