The MFSA has issued a consultation paper in order to present to the industry a draft legal notice setting out regulations on [i] the high level principles which VFA Agents must adhere to; [ii] the registration requirement and the respective registration process; [iii] the ongoing obligations for the VFA Agents; and [iv] enforcement and sanctions in the event of misconduct by VFA Agents.
The consultation period will run until the 31 July 2018.
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