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Arbiter's Decisions

You can search for decisions delivered by the Arbiter for Financial Services and judgements delivered by the Court of Appeal (Civil, Inferior) for those decisions that have been appealed.

You may refine your search as wanted by the name of the financial services provider, the language of the decision, the decision year, decision date from/to, the sector, decision outcome, and whether the decision has been appealed or not. If you select by sector (e.g. 'Banking'), you may filter down your choice by selecting issue (e.g. 'Charges') and/or product (e.g. 'Cards'). Please browse the drop-down filters on the left-hand side.

The database of Arbiter's decisions is updated periodically. In accordance with the OAFS policy, complainants' names in such decisions are pseudonymised (the actual names are replaced by unrelated alphabetical references).

The remit of the Arbiter for Financial Services is to investigate and adjudicate complaints lodged by eligible complainants (individuals and micro-enterprises) against financial services providers who are licensed or authorised by the Maltese financial services regulator. When cases are referred to the Arbiter and a decision is issued, such a decision is binding on both parties.

Either party can request the Arbiter for clarification or correction to any computation, clerical, typographical, or similar errors within 15 days from the delivery of a decision. Decisions may be upheld in full, partially upheld, or rejected, and may be appealed by any of the parties.

As to the Court of Appeal (Civil, Inferior) judgements, we refer to the Court Services Agency's eCourts website (https://ecourts.gov.mt/onlineservices/) for the relevant case reference numbers and appeal judgements. Information about appealed decisions on our website is updated periodically. However, such information should always be cross-checked with the eCourts website as we make no representations or warranties of any kind, express or implied, as to its completeness, accuracy or reliability.

Please get in touch with us through our “Contact us” page if you come across any broken links or other incorrect information.Thank you.

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ASF case reference Financial Service Provider Outcome Date of Arbiter's Decision Appeal Court reference
ASF 230/2024 Crystal Finance Investments Limited Not Upheld 23/05/2025 Not Appealed
ASF 128/2023 Calamatta Cuschieri Investment Services Limited,
Crystal Finance Investments Limited
Not Upheld 07/02/2024 Not Appealed
ASF 069/2023 Crystal Finance Investments Limited Not Upheld 05/12/2023 Not Appealed
ASF 016/2021 Crystal Finance Investments Limited Upheld by Arbiter 13/09/2021 Not Appealed
ASF 099/2018 Crystal Finance Investments Limited Not Upheld 11/11/2019 Not Appealed
ASF 435/2016 Crystal Finance Investments Limited Not Upheld 11/11/2019 Not Appealed
ASF 051/2019 Crystal Finance Investments Limited Not Upheld 11/11/2019 Not Appealed
ASF 151/2018 Crystal Finance Investments Limited Not Upheld 11/11/2019 Not Appealed
ASF 051/2018 Crystal Finance Investments Limited Not Upheld 09/09/2019 Not Appealed
ASF 039/2019 Crystal Finance Investments Limited Not Upheld 09/09/2019 Not Appealed
ASF 157/2018, 158/2018 Crystal Finance Investments Limited Not Upheld 09/09/2019 Not Appealed
ASF 113/2018, 114/2018 Crystal Finance Investments Limited Upheld by Arbiter 09/09/2019 069/2019
ASF 115/2018 Crystal Finance Investments Limited Upheld by Arbiter 09/09/2019 Not Appealed
ASF 136/2018 Crystal Finance Investments Limited Upheld by Arbiter 09/09/2019 Not Appealed
ASF 139/2018 Crystal Finance Investments Limited Upheld by Arbiter 09/07/2019 063/2019
ASF 139/2017 Crystal Finance Investments Limited Upheld by Arbiter 14/06/2019 058/2019
ASF 059/2018 Crystal Finance Investments Limited Partially Upheld by Arbiter 14/06/2019 Not Appealed
ASF 144/2017 Crystal Finance Investments Limited Upheld by Arbiter 12/06/2019 062/2019
ASF 145/2017 Crystal Finance Investments Limited Upheld by Arbiter 12/06/2019 062/2019
ASF 122/2017 Crystal Finance Investments Limited Not Upheld 27/05/2019 Not Appealed