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Third Party Confirmation Letter for Malta

Third Party Confirmation Letter Template for Malta

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Third Party Confirmation Letter

"I need a Third Party Confirmation Letter under Maltese law to confirm the existence and status of banking facilities for our Malta-based subsidiary as of March 15, 2025, to be provided to our external auditors for their annual audit review."

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Third Party Confirmation Letter

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What is a Third Party Confirmation Letter?

The Third Party Confirmation Letter is an essential document in Maltese business and financial practice, used when formal verification or confirmation of specific facts, arrangements, or obligations is required by a third party. This document type is particularly relevant in Malta's sophisticated financial services sector and international business environment, where it serves to provide clarity and certainty in various transaction types. Common scenarios for its use include confirming banking arrangements, verifying corporate relationships, confirming contract status, or providing assurance about specific business arrangements. The letter must comply with Maltese legal requirements and often incorporates specific limitations and qualifications to protect the confirming party while providing the necessary certainty to the recipient. Given Malta's position as a financial services hub, these letters frequently feature in cross-border transactions and must be carefully drafted to ensure compliance with both local and relevant international requirements.

What sections should be included in a Third Party Confirmation Letter?

1. Letter Header and Date: Formal letterhead, date, and reference number if applicable

2. Addressee Details: Full name and address of the recipient third party

3. Subject Line: Clear indication of the subject matter of the confirmation

4. Opening Salutation: Formal greeting to the recipient

5. Reference to Background: Brief context explaining the reason for the confirmation letter

6. Confirmation Statements: Clear, numbered paragraphs stating the specific matters being confirmed

7. Basis of Confirmation: Statement explaining the basis on which the confirmations are given

8. Authority Statement: Confirmation of authority to provide the confirmations

9. Closing and Signature Block: Formal closing, signature space, name and title of signatory

What sections are optional to include in a Third Party Confirmation Letter?

1. Reliance Statement: Optional section specifying who may rely on the confirmation and for what purposes

2. Confidentiality Statement: If the confirmation contains sensitive information requiring confidentiality obligations

3. Time Limitation: If the confirmation is only valid for a specific period

4. Governing Law Statement: While Maltese law is applicable, explicit statement might be needed for cross-border situations

5. Disclaimer of Liability: Additional limitations of liability where appropriate for the specific confirmation

6. Copy Recipients: List of other parties to receive copies, if applicable

What schedules should be included in a Third Party Confirmation Letter?

1. Supporting Documents: Copies of relevant documents referenced in the confirmation

2. Authorization Evidence: Evidence of authority to provide the confirmation (e.g., board resolutions)

3. Referenced Information: Detailed information referenced in the main letter body that is too extensive to include in the main text

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions















Clauses

















Relevant Industries

Financial Services

Banking

Insurance

Real Estate

Corporate Services

Professional Services

Maritime Industry

Gaming Industry

Investment Services

Trust and Fiduciary Services

Legal Services

Accounting and Audit

International Trade

Relevant Teams

Legal

Compliance

Finance

Corporate Secretarial

Risk Management

Treasury

Client Relations

Corporate Administration

Trust Administration

Transaction Management

Relevant Roles

Legal Counsel

Corporate Secretary

Compliance Officer

Financial Controller

Director of Finance

Managing Director

Trust Administrator

Relationship Manager

Chief Financial Officer

Head of Legal

Company Director

Risk Manager

Senior Account Manager

Treasury Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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