News - Web Releases 2019
27/03/2019
Publication of Directive No 16 on the Regulation on Borrower-Based Measures
On 29 March 2019, the Central Bank of Malta published Directive No 16 on the Regulation on Borrower-Based Measures. The objective of these binding measures is to strengthen the resilience of lenders and borrowers against the potential build-up of vulnerabilities stemming from the real estate market. The Directive will come into force on 1 July 2019. The Measures were introduced in collaboration with the Malta Financial Services Authority (MFSA) following a recommendation by the Joint Financial Stability Board (JFSB).
A public consultation was launched on 1 October 2018 and a Feedback Statement was published on 29 March 2019. The Feedback Statement incorporates feedback from respondents and the Authorities following the public consultation.
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