On 30 July 2015, the MFSA issued the following two Notices:
- Notice to applicants for a Category 2 or Category 3 Investment Services Licence that would like to carry out online forex trading
- Notice to applicants for a Category 3 Investment Services Licence that would like to carry out binary options trading
The Notices set out the criteria that will be applied by the MFSA in assessing the licence applications of entities that would like to carry out either online forex or binary options trading respectively.
The Notices are available on the MFSA website and may be found at the following links:
http://goo.gl/89UMWH - (Online Forex)
http://goo.gl/tWNHp9 - (Binary Options)
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.