Given its extensive experience in the financial services regulatory industry GANADO is well placed to assist clients wishing to obtain a license from the Malta Financial Services Authority (MFSA) to act as an e-money institution or a payment services institution. Once licensed and operational, GANADO is also well-equipped to assist clients in all aspects of their day to day needs including employment, outsourcing, consumer legislation and AML compliance obligations.

Technological progress and the exponential growth of e-commerce have created a niche market in the industry for financial institutions providing electronic money and payment services. Having implemented Directive 2007/64/EC on payment services in the internal market and Directive 2009/110/EC relating to the taking up, pursuit and prudential supervision of the business of electronic money institutions Malta opened its doors to a number of players in this market.