The Malta Financial Services Authority or MFSA is the authority responsible for overseeing foreign investment, but also for issuing Forex licences in Malta. There are several conditions and formalities that applicants for this license must consider. But all the details can be provided by our company formation agents in Malta, who can handle the documents required to apply for this type of license.
Forex broker licence in Malta is issued taking into account the protection of investments, to avoid money laundering and other related situations. Among the formalities for a Forex broker licence in Malta we mention:
Alongside the European Securities and Markets Authority, MFSA recommends investors to choose to work only with companies that present valid investment licenses, such as the Forex broker licence in Malta. You can find out more about this type of license and the process of obtaining it from our specialists.
Investment services licences are of 4 types as follows:
It is important to note that companies offering advice on foreign exchange products need to apply for category 1 licences. Therefore, a licensed Forex broker in Malta must be well acquainted with the legislation and prepare the documents in order to obtain the necessary license.
Passporting of Forex Licence in Malta implies the right of a person to register a branch or to provide services in Malta or in an EEA country, other than the one in which it has its headquarters. This right is governed in Malta by the European regulations on passport rights for investment firms, namely Directive 2004/39 / EC on markets in financial instruments.
The advantage is that the passport can reduce costs and bureaucracy and also allow markets to open up. This helps to maintain investor confidence in high regulatory standards. It is advantageous for potential Forex investment service providers to obtain a licence in Malta to be able to offer their services in the EU and EEA, according to the legislation in force.
Here are some interesting facts about Malta’s economy:
Do you want to apply for a Forex broker licence in Malta? You can contact our company formation agents in Malta and discover our services.