Malta:
MFSA Releases Consultation Paper On Regulations For VFA Agents
19 July 2018
DF Advocates
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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 Agents must
adhere to; [ii] the registration requirement and the respective
registration process; [iii] the ongoing obligations for the VFA
Agents; and [iv] enforcement and sanctions in the event of
misconduct by VFA Agents.
The consultation period will run until the 31 July 2018.
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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