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ARTICLE · 18 JUNE 2025

MFSA Issues Position Paper On Tokenisation Of Fund Units

GTG Legal
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The Malta Financial Services Authority ("MFSA") has published a position paper on the tokenisation of fund units in response to growing...

MaltaFinance and Banking
Neil Gauci
Neil Gauci

The Malta Financial Services Authority ("MFSA") has published a position paper on the tokenisation of fund units in response to growing global demand for wealth diversification. As the financial sector continues to evolve through emerging technologies, the MFSA aims to uphold financial stability, market integrity, and consumer protection.

Tokenisation has become increasingly significant in global financial services due to its potential for enhanced transparency, accessibility, and seamless transactions.

The paper focuses on tokenised units or shares in Collective Investment Schemes ("CIS"), particularly in the context of maintaining the share register via distributed ledger technology ("DLT"). Rather than addressing the full trading lifecycle, the MFSA begins by laying foundational guidance on record-keeping in a tokenised format.

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