On the 27th of March 2019 MFSA and FIAU have decided to jointly issue a guidance document which is intended to assist Credit and Financial Institutions to better understand the risk of any prospective customers active in financial technology prior to servicing them and to complement their due diligence procedures by providing guidance on which...
On the 15th January, 2019, MFSA issued a circular ( https://www.mfsa.com.mt/wp-content/uploads/2019/01/20190115_VFAA_Circular_Issuers.pdf) informing that the Registration Form for Whitepapers under the Act  is available online on MFSA’s website, through the ‘Apply for Authorisation Page’ under the Virtual Financial Assets Framework Page. This has to be be duly filled in by the VFA Agent appointed by the...
The Malta Chamber of Commerce, Enterprise and Industry in collaboration with EMCS organised an information session on the new Blockchain legislation which was recently approved by the Maltese parliament. “Blockchain has the potential to create new foundations for global economic and social systems rather than be a disruptive force towards traditional business models” said Mr...
The Malta Chamber of Commerce, Enterprise and Industry in collaboration with EMCS is organising an information session on the Blockchain legislation which was recently approved by the Maltese parliament. The event will be held at the Exchange Building in Valletta on the 26th July in the morning. Malta will be one of the first jurisdictions to...
Following the proposed Regulations and the Chapter 1 of the VFA rulebook for VFA agents, MFSA have now just issued the proposed rules (Chapter 2) for ICO issuers, with the consultation on this rules closing on the 13th August. The highlights from the detailed rules for ICO Issuers are mentioned below. In determining whether a DLT...