Malta:
MFSA Publishes The Financial Instrument Test
01 August 2018
Ganado Advocates
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The Malta Financial Services Authority yesterday published the
Financial Instrument Test, and its respective
guidelines, that applies to issuers offering
DLT assets to the public as well as to individuals providing
services in the context of the VFA Act or the financial services
legislation generally. Such a test aims at establishing whether a
DLT asset can qualify as an Electronic Money, a Financial
Instrument, a Virtual Financial Asset or a Virtual Token.
Interested parties and users are invited to send their queries
and feedback to the Authority by no later than the 13th of August
2018. Click here to view the press
release as issued by the MFSA.
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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