Phoenix Payments Limited

Territorials Street Birkirkara BKR 3000 Business Activity – Financial Institution authorised under the Financial Institutions Act Supervisory Action The MFSA has on the 11 March 2021, decided to appoint an Inspector, in terms of Article 15(1) of the Financial Institutions Act, to, inter alia: Review and assess any remedial action undertaken by the Company to address the shortcomings identified by the Authority following an on-site inspection carried out in 2020; Review and assess the Company’s handling of complaints received from clients and other interested parties; and Review and assess what remedial measures, if any, are adopted by the Company in reaction to complaints received by clients and other interested parties. Publication This notice is being published in terms of article 16(8) of the Malta Financial Services Authority Act.