Cap. 656 Art. 20Exchange of information.

(1) For the proper discharge of their respective duties, the Office and the Malta Financial Services Authority shall cooperate and exchange information about the efficient complaint handling of lending institutions and issues that are likely to have wider regulatory implications arising from eligible applications, including issues that appear to affect multiple applicants of one (1) or more lending institutions.

(2) The Office may enter into a memorandum of understanding with the Malta Financial Services Authority establishing the terms under which they agree to comply with sub-article (1). Such agreement shall be publicly available electronically or as requested.

(3) Any information divulged or exchanged pursuant to this article shall be treated as strictly confidential by the respective parties, and its disclosure may only be permitted if prior consent of the respective parties is obtained in writing.