S.L. 376.7 чл. 13On-siteinspections by the competent authority.

(1) Where Malta is the home Member State, the competent authority shall, with the assistance of the Central Bank where necessary, cooperate with the European regulatory authority of the host Member State in order to carry out the controls and take the necessary steps to ensure continued compliance in respect of an agent or branch located in another Member State in respect of a Maltese financial institution.

(2) By way of cooperation in accordance with sub-regulation (1), the competent authority shall notify the European regulatory authority of the host Member State whenever it intends to carry out an on-site inspection in the territory of the latter.

(3) Notwithstanding the provisions of sub-regulation (2), the competent authority may delegate to the European regulatory authority of the host Member State the task of carrying out on-site inspections of the Maltese financial institution concerned. INSTITUTIONS