CENTRAL BANK OF MALTA ACT (APPOINTMENT 
OF DESIGNATE AUTHORITY TO IMPLEMENT 
MACRO-PRUDENTIAL INSTRUMENTS) [S.L.204.06 1
SUBSIDIARY LEGISLATION 204.06 
CENTRAL BANK OF MALTA ACT (APPOINTMENT 
OF DESIGNATE AUTHORITY TO IMPLEMENT 
MACRO-PRUDENTIAL INSTRUMENTS) 
REGULATIONS 
31st December, 2013 *
LEGAL NOTICE 29 of 2014. 
Citation and scope. 1. (1) The title of these regulations is the Central Ba nk of 
Malta (Appointment of Designate Authority to implem ent Macro- 
Prudential Instruments) Regulations. 
(2) The scope of these regulations is to implement t he 
provisions of Directive 2013/36/EU of the European Parliament 
and of the Council of 26 June 2013 on access to the  activity of 
credit institutions and the prudential supervision of credit 
institutions and investment firms, amending Directi ve 2002/87/EC 
and repealing Directives 2006/48/EC and 2006/49/EC,  hereinafter 
referred to as "the Directive" and the provisions o f Regulation (EU) 
No 575/2013 of the European Parliament and of the C ouncil of 26 
June 2013 on prudential requirements for credit ins titutions and 
investment firms and amending Regulation (EU) No 64 8/2012, 
hereinafter referred to as "the Regulation". 
Appointment of 
designate authority. 2. (1) The Minister for Finance hereby appoints the Cen tral 
Bank of Malta as the Designate Authority for the pu rposes of 
Article 133(2) of the Directive to set the systemic  risk buffer and 
identify the sets of institutions to which it appli es and for the 
purposes of Article 136(1) of the Directive to set the counter- 
cyclical buffer rate for Malta. 
(2) The Minister for Finance hereby appoints the Cen tral Bank 
of Malta, which shall act jointly with the competen t authority, as 
the Designate Authority for the purposes of Article  131(1) of the 
Directive to identify, on a consolidated basis, glo bal systemically 
important institutions (G-SIIs), and, on an individ ual, sub- 
consolidated or consolidated basis, as applicable, other 
systemically important institutions (O-SIIs), which  have been 
authorised within Malta. 
(3) The Minister for Finance hereby appoints the Cen tral Bank 
of Malta as the Designate Authority for the purpose s of Article 
458(1) of the Regulation to identify changes in the  intensity of 
macro-prudential or systemic risk in the financial system with the 
potential to have serious negative consequences to the financial 
system and the real economy in Malta and which that  authority 
considers would better be addressed by means of str icter national 
measures, to draft national measures for domestical ly authorised 
*see regulation 1(3) of these Regulations as origin ally promulgated. 
2[S.L.204.06 CENTRAL BANK OF MALTA ACT (APPOINTMENT 
OF DESIGNATE AUTHORITY TO IMPLEMENT 
MACRO-PRUDENTIAL INSTRUMENTS) 
institutions, or a subset of those institutions, in tended to mitigate 
the changes in the intensity of risk and concerning  the level of own 
funds laid down in Article 92 of the Regulation, th e requirements 
for large exposures laid down in Article 392 and Ar ticles 395 to 
403 of the Regulation, the public disclosure requir ements laid down 
in Articles 431 to 455 of the Regulation, the level  of the capital 
conservation buffer laid down in Article 129 of the  Directive, 
liquidity requirements laid down in Part Six of the  Regulation, risk 
weights for targeting asset bubbles in the resident ial and 
commercial property sector, or intra financial sect or exposures, and 
to be in charge of the application of Article 458 o f the Regulation.