ARTICLE
12 October 2018

MFSA Publishes FAQ Document About The Virtual Financial Assets Framework

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Ganado Advocates

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Ganado Advocates is a leading commercial law firm with a particular focus on the corporate, financial services and maritime/aviation sectors, predominantly servicing international clients doing business through Malta. The firm also promotes other areas such as tax, pensions, intellectual property, employment and litigation.
The Malta Financial Services Authority has published a document outlining frequently asked questions in relation to the Virtual Financial Assets framework.
Malta Technology
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The Malta Financial Services Authority has published a document outlining frequently asked questions in relation to the Virtual Financial Assets framework. It provides key information on the framework itself, classification of DLT assets, VFA agents, Initial Virtual Financial Asset Offerings, VFA service providers, AML/CFT requirements and transitory provisions. It was compiled as a result of engaging conversations with the industry during the DELTA Summit held last week and serves as further guidance to the industry in this regard.

The FAQ document can be viewed here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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