The Malta Financial Services Authority today published the ‘Consultation paper on achieving a high degree of Consumer Protection under the Virtual Financial Assets Act’. By means of this consultation document the Malta Financial Services Authority is proposing additional regulation in relation to Initial Virtual Financial Asset Offerings to complement the proposed Rules within Chapter 2 of the Virtual Financial Assets Rulebook.

Interested parties are encouraged to provide their feedback to the Malta Financial Services Authority by no later than the 31st August 2018. The Consultation paper can be found here.