Malta’s Blockchain Legal Framework has been officially approved by Parliament, resulting in the formal enactment of three complimentary legislative Acts, entitled:
1. The Virtual Financial Assets Act;
2. The Innovative Technology Arrangements and Services Act; and
3. The Malta Digital Innovation Authority Act
The Malta Financial Services Authority (“MFSA”) has today issued a consultation document entitled “Consultation with the Financial Services Industry with regards to the Virtual Financial Assets Regulations to be issued under the Virtual Financial Assets Act”.
The Malta Stock Exchange has recently announced the launch of the MSX FinTech Accelerator Programme, an initiative taken in collaboration with Binance, the leading cryptocurrency exchange.
The Malta Financial Services Authority (the “MFSA”), the competent authority for supervising public takeover bids in Malta, has recently revised Chapter 11 of the Listing Rules.
Camilleri Preziosi’s Sharon Xuereb and Terence Cassar have contributed an article entitled “Consent in light of the General Data Protection Regulation” to Malta’s legal journal “Id-Dritt” (volume XXVIII).
Recent initiatives in parliament have led to changes in the Employment and Industrial Relations Act regarding the penalties imposed for persons convicted of victimisation and harassment of employees.