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Legal Articles

MFSA issue a consultation paper on the Financial Instrument Test
GVZH Advocates | Following the issuance of a Consultation Document on Initial Coin Offerings (“ICOs”), Virtual Currencies (“VC”) and Related Service Providers, the Malta Financial Services Authority (“MFSA”) has now issued a discussion paper on the Financial Instruments Test. This consultation paper is the first step which will culminate in the creation and adoption by the MFSA of a test which will be used to determine whether a Distributed Ledger Technology (“DLT”) asset, based on its specific features, would be regulated by (i) the existing EU legislation and the corresponding national legislation, (ii) the proposed Virtual Financial Assets Act (‘VFAA’) or (iii) is otherwise exempt...

Malta | 04/23/2018



IFA 2018 Seoul
South Korea | 09/02/2018 – 09/06/2018


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