Registered Address: Garrison Chapel, Castille Place, Valletta VLT 1063, Malta
Telephone: +356 2124 4051
Fax: +356 2569 6316
Chairman: Mr Joseph Portelli (firstname.lastname@example.org)
Chief Officer: Mr Simon Zammit (email@example.com)
Registered in Malta as a Public Liability Company under the Companies Act (Cap.386 of the Laws of Malta)
Registration No: C42525
Date of Registration: 5 October 2007
Regulated Market/Central Securities Depository:
Malta Financial Services Authority
Tel: +356 2144 1155
Web : http://www.mfsa.com.mt
Securities Settlement System:
Central Bank of Malta
Tel: +356 2550 2000
Web : http://www.centralbankmalta.org
In terms of Article 4 of the Financial Markets Act (Cap. 345 of the Laws of Malta), Malta Stock Exchange plc is licensed by the Malta Financial Services Authority (MFSA) as Competent Authority to provide the services of a regulated market.
Central Securities Depository
In terms of Article 24 of the Financial Markets Act (Cap. 345 of the Laws of Malta) Malta Stock Exchange plc is licensed by the Malta Financial Services Authority (MFSA) as Component Authority to carry out the functions and provide the services of a central securities depository.
Security Settlement System (MaltaClear)
The MaltaClear system is operated by the Malta Stock Exchange plc and is designated a systemically important securities settlement system by the Central Bank of Malta in terms of Directive No. 2: Payments and Security Settlement Systems transposing EC Directive 98/26 on settlement finality in payment and securities settlement systems. MaltaClear was set up in 2006 and approved as an authorised Securities Settlement System in terms of article 34 of the Central Bank of Malta Act.
The current structure consists of a group of companies composed of MSE (Holdings) Ltd, (a holding company wholly owned by Government of Malta) and subsidiary companies. MSE (Holding) Ltd holds 99.99% shareholding in the following subsidiary companies, Malta Stock Exchange plc, CSD (Malta) plc currently in liquidation, Malta Stock Exchange Institute Ltd and MSX plc.
Primary Legislation, Regulations and Other Rules
Financial Markets Act (Cap. 345 of the Laws of Malta)
Markets in Financial Instruments (MiFIR) - Regulation (EU) No 600/2014
Central Securities Depositories - Regulation (EU) No 909/2014
Financial Market Rules as issued by the MFSA in terms of the Financial Markets Act for Trading Venues,DRSPs and Central Securities Depositories.
Issued on the authority of the Board of Directors of Malta Stock Exchange plc:
Bye-laws of Malta Stock Exchange plc
Exchange Notice 1 – Fees & Other Charges
Related Legislation & Regulations
Companies Act (Cap.386 of the Laws of Malta)
Investment Services Act (Cap. 370 of the Laws of Malta )
Central Bank of Malta Act (Cap. 204 of the Laws of Malta)
Prevention of Financial Markets Abuse Act (Cap. 476 of the Laws of Malta)
Prevention of Money Laundering Act (Cap. 373 of the Laws of Malta) and regulations issued thereunder
CPSS-IOSCO Disclosure Standards in respect of securities settlement systems
Capital Market Rules issued by the Listing Authority
Officially Appointed Mechanism
Malta Stock Exchange plc has been appointed as the Officially Appointed Mechanism (OAM) for Malta by the MFSA as Competent Authority, in terms of the Transparency Directive. The main purpose of an Officially Appointed Mechanism is to make regulated information accessible to the public. Competent Authorities are required to draw up guidelines whose aim is the creation of an electronic network at national level among securities regualtors, regulated markets and company registrars and a single electronic network or platform of electronic networks across Member states.
Clearing & Settlement - EU Code of Conduct for Clearing and Settlement
As a member of FESE, in November 2006 Malta Stock Exchange plc became one of the signatories to the EU Code of Conduct on Clearing & Settlement. The signatories to the Code are members of FESE, ECSDA and EACH who agreed on an industry-led Code of Conduct for Clearing and Settlement. The objective of the Code is to acheive greater efficiency and further integration of European capital markets in line with the objectives of the European Commission, and, therefore, seeks to allow investors to trade European securities within a consistent, coherent and cost-efficient European framework. It is intended that customers, will, in fact, have a much clearer picture of the expenses involved in equity transactions carried out in EU markets and will be better able to reconcile with published tariff.