S.L. 386.31 Art. 26

(1) A branch located in Malta, being a branch of an undertaking governed by the law of a third country, which is either not part of a group or is ultimately held by an undertaking that is formed in accordance with the law of a third country, shall publish and make accessible a sustainability report covering the information specified in paragraph (a)(iii) to (v), paragraphs (b) to (f) and, where appropriate, paragraph (h) at the group level of regulation 16(1) or, if not applicable, at the individual level, of the third-country undertaking.

(2) The rule referred to in sub-regulation (1) shall only apply to a branch where the third-country undertaking does not have a subsidiary undertaking as referred to in regulation 25(1), and where the branch generated a net turnover of more than forty million euro (€40,000,000) in the preceding financial year.