The MFSA has published a document with a number of frequently asked questions in relation to the VFA framework. It provides key information on the VFA framework, on the classification of DLT assets, VFA agents, Initial VFA Offerings, VFA service providers, AML/CFT requirements and transitory provisions. The MFSA has issued these FAQs after a series of discussions it had with players in the industry. The FAQs should serve as further guidance to the industry.
MFSA publishes a number of FAQs about the Virtual Financial Assets (VFA) framework
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For further information, please contact one of the firm’s tax partners, Stephen Balzan on [email protected] or Elaine Camilleri [email protected].com.mt. ACT can help you understand the changes to the tax rules and how these can impact your business.
Apart from its offices in St. Julian’s Malta, ACT operates from a second office in Gozo, which is situated in the capital city of Victoria. For an appointment in our Gozo office, please call on 00356 21378672 or send us an email on [email protected].