MFSA releases Consultation Paper on Regulations for VFA Service Providers

The MFSA has issued a consultation paper in order to present to the industry a draft legal notice setting out regulations on [i] the high level principles which VFA service providers must adhere to; [ii] licensing requirements for VFA Service Providers; [iii] ongoing obligations for VFA Service Providers; and [iv] enforcement and sanctions in the event of misconduct by VFA Service Providers.

The consultation period will run until the 14th September. For further details on ICOs, virtual currencies, Blockchain technology applications, and other related matters, please contact us on info@dfadvocates.com or telephone +356 2131 3930 / +356 2134 0401 .


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