Consulation Document issued by the MFSA on the proposed regulation of collective investment schements investing in virtual currencies

On the 23rd October, 2017, the MFSA issued a Consultation Document on the proposed regulation of collective investment schemes investing in virtual currencies. Below is a summary of the main proposals, which require the scheme and in certain cases its service providers to: Prove competence in the field of information technology, virtual currencies and their…

White Paper issued by the MGA

The Malta Gaming Authority (‘MGA’) has published a White Paper which proposes the introduction of new gaming laws to replace the current legislation. The main changes proposed by the White Paper include the following: Elimination of the multi licence system to be replaced by two types of gaming licenses: (a) Business-to-Consumer (B2C) Licence; (b) Business-to-Business (B2B) Licence;…