Nov
06

Malta, New kid on the Block

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Dr Christina Scicluna's latest publication on the Times of Malta focuses on the regulatory framework surrounding virtual financial assets which has become effective 1st November 2018 in Malta.  Link below for more details: https://www.timesofmalta.com/articles/view/20181106/business-news/malta-the-new-kid-on-the-blockchain.693557   Disclaimer This document does not purport to give legal, financial or tax advice. Should you require further information or legal assistance, please do not hesitate to contact Dr. Christina Scicluna .
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Sep
27

The Malta Digital Innovation Authority to issue a set of guidance notes aimed at assisting service providers and innovative technology arrangements applicants

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The Malta Digital Innovation Authority ("MDIA") was established through Act XXXI of 2018 which has come into force on the 15 th July 2018 [in accordance with Legal Notice 250 of 2018] and is now formally set up. The MDIA shall be responsible for recognising service providers, namely systems auditors and technical administrators as well as certifying innovative technology arrangements ("ITAS") as outlined in the Innovative Technology Arrangement and Services Act, Chapter 592 of the Laws of Malta. The MDIA will be issuing a set of guidance notes aimed at assisting s...
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Sep
27

Virtual Financial Asset Act and Innovative Technology Arrangements and Services Act to come into force on the 1st November 2018

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Legal Notice 307 of 2018 has been published on the 25 th September, 2018 which establishes the 1 st November 2018 as the date of entry into force of the Virtual Financial Asset Act, Chapter 590 of the Laws of Malta. The Virtual Financial Asset Act will regulate the issuing of ICO's in or from within Malta, the operation of exchanges and the provision of VFA services, while safeguarding market integrity, protecting consumers and ensuring a higher degree of investor protection. Legal Notice 306 of 2018 was also published on the 25 th September, 2018 and this Legal N...
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Sep
25

Foundations and Cryptos

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This article was written by Dorita Cardona and Joshua Chircop. Following the introduction of the crypto laws , namely the Virtual Financial Asset Act , the Malta Digital Innovation Authority ("MDIA") Act and the Innovative Technology Arrangements and Services Act , which laid the foundations for Malta's innovative technology sector, Maltese foundations can now be used to issue tokens and carry out trading activities resulting from such operations. [1] A foundation may, subject to such authorisations as may be necessary under applicable laws, issue tokens and carry...
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Aug
03

Mamo TCV sponsors the first BlockFinance Session

Mamo TCV sponsors the first BlockFinance Session
Mamo TCV Advocates sponsored the first session of the BlockFinance series which took place on the 31st July, 2018 at the Corinthia Palace Hotel, Attard. Dr Roberta Peresso , a senior associate in the Fintech Department, sat on the panel together with Hon. Silvio Schembri, Parliamentary Secretary for Financial Services and Dr Christopher Buttigieg, Director at the MFSA. The panel discussion provided delegates with an update on recent developments in blockchain and cryptocurrency in Malta. Roberta shared the Firm's experience so far on the subject and expressed her ...
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