S.L. 645.1 Art. 7Supervision of credit servicers in the Member State where the credit was granted.

(1) Where Malta is the Member State where the credit was granted, and the host Member State and the home Member State are Member States other than Malta, the competent authority shall, where it has evidence that a credit servicer authorised as such by a European regulatory authority has infringed any applicable provision of national law transposing the NPL Directive or any national law applicable to the credit or the credit agreement, transmit that evidence to the European regulatory authority of the home Member State and request that it takes appropriate measures.

(2) The provisions of sub-regulation (1) shall be without prejudice to the supervisory, investigatory and sanctioning powers of the competent authority.