VFA Agent Approval in Principle by MFSA
CSA Group is pleased to announce that one of its affiliate companies, CS Fintech Services Ltd., has been granted an ‘In Principle Approval’ to provide the services of a VFA Agent in terms of the Virtual Financial Assets Act (Chapter 590 of the laws of Malta) from the Malta Financial [...]
Funding for SMEs and Large Entities
Why Malta? Malta has become a stable investment business centre holding a known innovative mind set and a pro-business attitude from both the investors and also the authorities’ side. For businesses which are either starting up, developing or going international, there are various bodies which provide aids and grants and [...]
The Malta Guidelines – Tax, Duty and VAT (DLT Assets)
During the last quarter of 2018 the Revenue Department published three Guidelines on the Tax and VAT treatment of Distributed Ledger Technologies (DLT). According to the Guidelines the definition of DLT assets is not in line with the same definition under the Virtual Financial Assets Act. The definition consists of: [...]
The Blockchain Island – Now and Then
Malta was amongst the very first group of jurisdictions which opted to create an ecosystem for DLT related projects to flourish and grow. However, the objective was not that of simply putting in place a framework which would provide a legal back-bone for operators and issuers to seamlessly carry out [...]