The proposed Legal Notice sets out the respective application and supervisory fees for licence holders. The fees vary for the different classes of licences and VFA Agents appointed in terms of Article 7, Article 14 or both Article 7 and 14.
These proposed Regulations are intended to supplement the provisions of the VFAA. The purpose behind them is to safeguard financial stability, promote market integrity and ensure investor protection.
For more information regarding DLT in Malta, please contact Thomas Jacobsen on info@papilioservices.com