By means of Act No. L of 2020, the Government of Malta has published an Act to amend the Company Service Providers Act (Chapter 529 of the Laws of Malta). The provisions of the Act are not yet in force and they shall come into force on such date or dates as the Minister responsible for Finance and Financial Services may establish by means of a notice in the Government Gazette.
An important amendment to the Act is that persons will no longer be registered but will with effect from the date of coming into force of the Act be instead authorized by the MFSA.
To read the salient amendments to the Act, please click here.