S.L. 370.10 Art. 13Advertising.

(1) A European investment firm providing services in

Malta in exercise of a European right in terms of regulation 4, is not prohibited from issuing or causing to be issued an investment advertisement through any available means of communication in or from Malta provided that it complies with any applicable laws and rules in its home Member State or EEA State and the provisions of regulation 4 of the Investment Services Act (Investment Advertisements and Prospectus Exemption) Regulations, shall apply to such a European investment firm.

(2) An investment advertisement issued or caused to be issued in Malta by a European investment firm establishing a branch in Malta, in exercise of a European right in terms of regulation 3 shall comply in every respect with the applicable requirements under the Act and other applicable laws and rules in Malta.

Part V

Administrative Penalties, other administrative measures and Appeals