The MFSA has today published for consultation the rules for Issuers of Virtual Financial Assets.

This Consultation forms part of a series of consultations that the MFSA is currently issuing in relation to the regulations and rules that will underlie and complement the Virtual Financial Assets Act (‘the Act’).

The scope of the Consultation Paper on the Virtual Financial Assets Rules for Issuers of Virtual Financial Assets is twofold: to obtain industry feedback in relation to [i] Chapter 2 of the Virtual Financial Assets Rulebook; and [ii] the Authority’s interpretation of the transitory provision provided under Article 62(1)(a) of the Act.

This Consultation can be accessed through www.mfsa.mt/consultation and is open to the public from 30 July 2018 until 13 August 2018. Interested parties are requested to submit their comments and feedback with respect to the Consultation by email on [email protected] by not later than 13 August 2018.

More information on the Virtual Financial Assets Framework can be obtained through www.mfsa.mt/vfa.