https://www.um.edu.mt/library/oar/handle/123456789/16876 Thu, 09 Apr 2026 15:11:40 GMT 2026-04-09T15:11:40Z https://www.um.edu.mt/library/oar/handle/123456789/33383 Title: Euro banknote recycling Abstract: This paper seeks to inform the Central Bank’s future policy initiatives in relation to the regulation of banknote recycling and to initiate discussion and collect the views of stakeholders in light of the Central Bank of Malta’s implementation of the Eurosystem Banknote Recycling Framework, which the Bank is bound to bring into force by 1 January 2009 with a transitional period for compliance ending before 1 January 2010. It seeks to clearly explain the proposed changes to operational methods and standards relating to euro banknote fitness sorting and authentication with a view to correctly understanding the implications of the proposed legislation for operators in the market. Mon, 28 Jul 2008 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/33383 2008-07-28T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/33382 Title: Retail payment services policy and the payment services directive Abstract: This paper seeks to initiate discussion and collect the views of stakeholders in light of Malta’s implementation of the Payment Services Directive (PSD), which is to be completed by 1 November 2009, and inform the Central Bank’s future policy initiatives in relation to retail payment services. It seeks to clearly identify the legislative options open to the Maltese legislator with a view to correctly understanding the operational implications of the options and selecting the regime most favourable to the Maltese economy in light of the new realities to be created by a Single Payments Market (SPM). Mon, 28 Jan 2008 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/33382 2008-01-28T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/33380 Title: Report on the consultation retail payment services policy and the payment services directive Abstract: This report contains a summary of responses received by the Central Bank of Malta to its ‘Consultative Paper on Retail Payment Services Policy and the Payment Services Directive’, published on 28 January 2008. Thu, 30 Oct 2008 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/33380 2008-10-30T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/33231 Title: The law of the Euro : constitutive, institutional and external aspects Abstract: Malta joined the euro area on 1 January 2008. It did so under a new framework that is substantially different from that used by the countries that joined before it,3 as they adopted the euro legally first, and in cash form only after a transitional period. When Malta joined the European Union on 1 May 2004, by the same act it also joined the Economic and Monetary Union (EMU) as a member of EMU with a derogation. Becoming a full member of the single currency area may be summed up legally as the removal of this derogation. In fact, by means of the Treaty of Accession, Malta undertook to converge with the Maastricht criteria and EMU acquis to achieve full EMU membership and the adoption of the euro – thus implying the removal of that derogation. Tue, 01 Jan 2008 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/33231 2008-01-01T00:00:00Z