S.L. 370.40 Art. 1Title, scope. S.L. 370.10 Cap. 371.

(1) The title of these regulations is the Investment Services Act and Banking Act (MiFID and MiFIR Administrative Penalties, Measures and Investigatory Powers) Regulations.

(2) The purpose of these regulations is to transpose and implement Article 70(1), Article 70(3) to (6) and Article (71)(1) to (5) of MiFID, as herein defined and shall be interpreted and applied accordingly.

(3) These regulations shall apply to:

(a) Maltese investment firms;

(b) European investment firms which have established a branch in Malta in terms of the European Passport

Rights for Investment Firms Regulations with respect to the matters to for which the competent authority is responsible in terms of Article 35(8) of MIFID;

(c) Maltese credit institutions licensed under the Banking Act insofar as these offer structured deposits as defined in regulation 2(1); and

(d) persons to whom the provisions of MiFIR apply.