The Malta Financial Services Authority (‘MFSA’) and the Financial Intelligence Analysis Unit (‘FIAU’) published (June 21 2019) a Guidance Document for Credit Institutions, Payment Institutions and Electronic Money Institutions Guidance Document for Credit Institutions, Payment Institutions and Electronic Money Institutions opening accounts for FinTechs, intended to assist such institutions to […]

In January 2019, the UK’s Financial Conduct Authority (FCA) released a consultation on potential guidance on cryptoassets that provides useful direction on how cryptoassets will fall within the regulatory regime, guided from the Cryptoasset Taskforce’s October 2018 final report and with refernece to Her Majesty’s Treasury (HMT). HMT and FCA are exploring […]

By enacting the Virtual Financial Assets Act (VFAA), the Maltese Government has regulated the Blockchain / ICO / DLT industry. The law appoints the Malta Financial Services Authority (MFSA) as the designated authority to oversee this business. Since this industry has elements of the Financial Service Regulations (namely MiFID), it […]