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ARTICLE · 20 MARCH 2025

MFSA Issues MiCA Rulebook

GTG Legal
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On the 11th of March 2025, the Malta Financial Services Authority ("MFSA") published a circular on the issuance of a new local Rulebook further to the Markets in Crypto-Assets Regulation...

MaltaFinance and Banking
Neil Gauci
Neil Gauci

MICA Rulebook

On the 11th of March 2025, the Malta Financial Services Authority ("MFSA") published a circular on the issuance of a new local Rulebook further to the Markets in Crypto-Assets Regulation ("MiCA") as well as related amendments to the Financial Institutions Rulebook. This circular is relevant to all entities falling within the scope of MiCA while the amendments to Chapter 3 of the Financial Institutions Rulebook (FIR/03) apply to e-money institutions issuing e-money tokens (EMTs) under MiCA. These updates are aimed to enhance MiCA implementation in Malta, providing relevant guidance and regulatory reporting documentation.

The MiCA rulebook serves as a comprehensive guide for entities to be compliant with MiCA's requirements. It is intended to be read in conjunction with the recently published Markets in Crypto-Assets Act [Chapter 647 of the Laws of Malta], the Markets in Crypto-Assets (Fees) Regulations [S.L. 647.01], and the requirements set out in

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