MTL GVT Markets in Crypto-Assets Fees


On Nov. 5, MLT GVT issued regulations on fees payable to MLT FSA.


  • MLT GVT published item 295 Markets in Crypto-assets Act (Fees) Regulations 2024.
  • Follows MLT PRL Apr. 2024 issued amendment act to align with MiCA, see #208767.
  • Overview
  • Title of these regulations is the Markets in Crypto-Assets Act (Fees) Regulations 2024.
  • The cited act is Act XXXVI of 2024, interpretation, definitions set in reg 2 paragraph 2.
  • As for commencement, Regulations 3 and 6 shall come into force on Dec. 30, 2024.
  • Regs cover payment of fees to MLT FSA in relation to e-money tokens, those related to asset-referenced tokens and in relation to crypto-asset service providers.
  • As well as fees re crypto-assets other than asset-referenced tokens/e-money tokens.
  • The fees set and due in terms of the regulations will not be refundable and, without prejudice to regs 5(8) and 6(6), the fees established and due will not be prorated.
  • Effectiveness
  • Save for regs 3, 6 which enter into force on Dec. 30, 2024, no other date is provided.
  • In Nov. 2024 MLT PRL issued text of the Markets in Crypto-assets Act see #232497.
  • In Nov. 2024, MLT FSA issued circular on crypto-assets and other laws, see #233941.

Regulators MLT FSA; MLT GVT
Entity Types B/D; Depo; Exch; IA; Inv Co; MSB
Reference OG 21,339, Item 295, 11/5/2024; MiCA Reg 2023/1114; Fintech
Functions Compliance; Financial; Legal; Operations
Countries Malta
Category
State
Products Corporate; Cryptocurrency; Equity; Fund Mgt
Regions EMEA
Rule Type Final
Rule Date 11/5/2024
Effective Date 12/30/2024
Rule Id 232466
Linked to Rule :208767
Reg. Last Update 11/5/2024
Report Section EU

Last substantive update on 11/11/2024