On the 2 July 2024, the Malta Financial Services Authority (‘MFSA’ or ‘Authority’) published a Consultation Document on “Pillar III of the MFSA Capital Markets Strategy - Strengthening the Sponsors' Regime” seeking stakeholders’ views on the main features of the proposed framework for sponsors and the options considered for its implementation.

As per the Feedback Statement, the MFSA intends to introduce a registration framework for sponsors inter alia by way of a new subsidiary legislative instrument, with further detail on the MFSA’s expectations and requirements being incorporated in the Capital Markets Rules.

By virtue of this Consultation, the MFSA is thus seeking stakeholders’ views on the proposed legislative framework being envisaged within the context of strengthening the Sponsors’ Regime. Stakeholders’ views on the amended Capital Markets Rules are being sought by way of a separate consultation exercise.