Due to the continued exceptional circumstances brought
about by the COVID-19 pandemic that have created a challenging environment, an
extension for the submission of the report containing Financial Account
information relating to Reporting Year 2020 has been granted, to provide
sufficient flexibility to such Reporting Malta Financial Institutions.
In line with regulations 30, 41 and 45 of the Cooperation
with other Jurisdictions on Tax Matters Regulations, Reporting Malta Financial
Institutions must report the information specified in Section I of Annex I to
the Regulations and the information specified in Article 2(2)(a) and Article
3(2) of the FATCA Agreement on U.S. Reportable Accounts by not later than 30th
June 2021 in relation to Reporting Year 2020.
A guideline in relation to a change in the reporting
deadline for Reporting Year 2020 is available here.