Comparative Guides

Welcome to Mondaq Comparative Guides - your comparative global Q&A guide.

Our Comparative Guides provide an overview of some of the key points of law and practice and allow you to compare regulatory environments and laws across multiple jurisdictions.

Start by selecting your Topic of interest below. Then choose your Regions and finally refine the exact Subjects you are seeking clarity on to view detailed analysis provided by our carefully selected internationally recognised experts.

4. Results: Answers
Tips and traps
What are your top tips for fintech players seeking to enter your jurisdiction and what potential sticking points would you highlight?

Answer ... Businesses seeking to operate as licensed fintech service providers will need to adhere to the fitness and properness assessments imposed by the local authority, the Malta Financial Services Authority (MFSA). Thus, senior management and ultimate beneficiary owners of prospective applicants must cumulatively prove that:

  • there is sufficient solvency;
  • the individuals involved in the project are technically competent in their fields; and
  • all persons are of good repute.

For more information about this answer please contact: Priscilla Mifsud Parker from Chetcuti Cauchi Advocates