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ARTICLE · 19 AUGUST 2026

MFSA Revises Regulatory Framework For CFD And Rolling Spot Forex Providers

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The Malta Financial Services Authority has introduced significant amendments to its Investment Services Rules affecting firms offering contracts for difference and rolling spot forex contracts. These changes streamline authorisation requirements, align capital thresholds with EU frameworks, and recalibrate governance expectations while removing certain prescriptive obligations that have been superseded by broader European legislation.

MaltaFinance and Banking
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On 6 August 2026, the Malta Financial Services Authority (“MFSA”) issued a circular announcing amendments to Section 13 of Part A and Section 7 of Part BI of the Investment Services Rules for Investment Services Providers.

The changes primarily affect applicants and licence holders offering contracts for difference (“CFDs”) and rolling spot forex contracts. The amendments form part of the MFSA’s ongoing review of its Rulebook to ensure that regulatory requirements remain proportionate and aligned with applicable EU legislation and evolving supervisory expectations.

Streamlining Authorisation Requirements

One of the more significant changes concerns the removal of the definition of “Trading Organisation” together with the related references throughout the Investment Services Rules.

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