The Malta Financial Services Authority has published Chapter 2 of the Virtual Financial Assets Rulebook dedicated to issuers of Virtual Financial Assets. The document covers topics such as general scope and high-level principles, detailed requirements for issuers, initial VFA offerings and trading on DLT exchanges and concludes with a section on enforcement and sanctions.

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.