S.L. 345.21 Art. 2ACompetent authority.

(1) The Malta Financial Services Authority established by the Malta Financial Services Authority Act shall be the designated competent authority in Malta responsible for the authorisation and supervision of APAs and ARMs which have a derogation in accordance with Article 2(3) of MiFIR.

(2) The competent authority shall exercise all the functions, obligations and powers and shall satisfy all the requirements imposed on competent authorities by MiFIR and MIFID.

(3) Without prejudice to sub-regulation (2), the competent authority may, for the better implementation of MiFIR, exercise any of the powers assigned to it under the Act in relation to persons acting as data reporting services providers.

Authorisation procedures for data reporting services providers