MFSA issues consultation document on virtual currencies

October 24, 2017 | 1 minute read

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On the 23rd of October 2017, the Malta Financial Services Authority issued a consultation document titled ‘Consultation on the Proposed Regulation of Collective Investment Schemes Investing in Virtual Currencies’. The document embraces the concepts of investor protection and market integrity and aims to provide promoters, legal advisors and all players in the funds industry with guidance as to the corporate structure, governance, servicing, contents of the offering document/s and capital requirements applicable to collective investment schemes which directly/indirectly invest in virtual currencies.

A full version of the document can be downloaded by clicking below:
Virtual Currency Funds

Should you have an interest in the matter, please feel free to contact our legal team on kyle.scerri@nexiabt.com or beverly.tonna@nexiabt.com

 

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