The Investor Compensation Scheme has implemented amendments to the Investor Compensation Scheme Regulations (S.L. 370.09) to revise its current contribution methodology.
The need for a change in the contribution methodology emanates from the necessity to strengthen the financial means of the Scheme, which after extensive analysis, were deemed to be inadequate, particularly in terms of the coverage which the Scheme has to provide to eligible investors in terms of law within the context of a payout. The Scheme has implemented the following changes:
a. Further align the Regulations with the Investor Compensation Scheme Directive (Directive 97/9/EC);
b. Revise the current contribution methodology in a way that achieves a reasonable balance between the regulatory needs of the Scheme and the ability of participating firms to finance the Scheme with a limited impact on their financial resources; and
c. Amend the Regulations further in accordance with the developments described in the Consultation Document.
In this regard, participants are invited to refer to L.N. 224 of 2026 which has been published via Government Gazette Notice 21,703 on the 18th of August 2026, which may be accessed via the following link: https://legislation.mt/eli/ln/2026/224/eng
Please note that the consolidated version of the amended regulations shall be published in due course.
Furthermore, participants are also invited to refer to the User Guidelines below which provide a technical overview of the new contribution methodology