Other services - Malta (MSE)
Custody proceeds are in EUR, GBP or USD.
Securities lending and borrowing
All foreign debt securities included in this link and eligible in CBL qualify for CBL’s securities lending and borrowing programme.
Disclosure requirements
Please refer to the Investment regulation section of the Market Profile - Malta.
Holding restrictions
Please refer to the Investment regulation section of the Market Profile - Malta.
Tax services
Relief at source and reclaim of withholding tax on dividends from Maltese equities are not currently available. Dividend payments are processed with a deduction of 35% tax. CBF, CBL and LuxCSD customers are recommended to submit their tax reclaim applications directly to the Maltese Tax Authorities under consideration of the respective Double Taxation Treaty and in consultation with a tax adviser.
For interest payments, it is assumed that CBF, CBL and LuxCSD participants do not hold Maltese securities for Maltese residents. Interest payments are always paid gross. If, in exceptional circumstances, a Maltese resident nevertheless holds Maltese securities through Clearstream or LuxCSD, then the respective CBF, CBL and LuxCSD participant must, unrequested, inform Clearstream or LuxCSD, at the latest three days before the Coupon Record date, of the corresponding split between Maltese and non-resident beneficiaries. In such a case, interest payments are processed with a deduction of 15% tax for Maltese residents and gross for nonresidents.