The Bill amending various financial services laws to transpose Solvency II Directive has been published in the Government Gazette on the 6th October 2015. The provisions of the Bill will come into force by notice in the Government Gazette issued by the Minister responsible for Finance.

The Bill follows various public calls for consultation issued by the Malta Financial Services Authority and highlights the main changes to be carried to the Insurance Business Act and other ancillary legislation as a consequence of transposing the provisions of Solvency II Directive.

The Bill can be accessed here.