This is a quick look at the central amendments introduced on 16
March 2021 by the Company Service Providers (Amendment) Act, 2020
to the scope of applicability of the Company Services Providers
Act, Chapter 529 of the Laws of Malta (as amended by the Amendment
Act, the "CSP Act") and the applicable transitory
provisions. The Malta Financial Services Authority
("MFSA") has also launched the updated Rulebook for
Company Services Providers (the "Rulebook") in this
respect.
Are you a Company Service Provider (CSP) and what is your
classification?
If you are a person operating in or from Malta and provide any
of the below-mentioned services by way of business to third
parties, then you are a company service provider ("CSP").
You must therefore be attributed one of the below classifications
by the MFSA and obtain MFSA authorization to operate unless you are
exempt:
