FinTech Legal

The Department is mostly known for its work on the drafting of the Maltese legislation on Virtual Currencies and Blockchain, having been instrumental in the drafting of the Virtual Financial Assets Act (Cap 590 of the Laws of Malta), the Malta Digital Innovation Authority Act (Cap 591 of the Laws of Malta) and the Innovative Technology Arrangements and Services Act (Cap 592 of the Laws of Malta), as well as the various Rulebooks, Guidelines and Subsidiary Legislation issued thereunder. The firm is in fact counsel on Fintech to the Government of Malta as well as both Fintech relevant authorities in Malta, namely, the Malta Financial Services Authority (MFSA) and the Malta Digital Innovation Authority (MDIA). Other work for which the firm is known for includes its expertise on Virtual Currency Services licensing, Initial Coin Offerings (ICOs), Security Token Offerings (STOs) and expert advisory services in the Fintech sphere, especially on technology, intellectual property and data protection law.

The firm’s expert knowledge and standing in the area led the firm to be also appointed as advisor and VFA Agent to Virtual Currency Exchanges.