A company must hold a financial adviser (FA’s) License to conduct financial advisory services regulated under the Financial Advisers Act, unless otherwise exempted. Individuals representing licensed FA’s or exempt FA’s need to be appointed as representatives.
Major payment institutions are licensed and regulated under the Payment Services Act (“PS Act”) to provide payment services without being subject to the specified thresholds. The thresholds are set out in section 6(5) of the PS Act. In summary, these are….
E-money institutions fall under the scope of the Financial Institutions Act.
The Malta online license comes with a whole host of benefits. Getting a gambling license there is not easy or low-cost, but it’s worth it for some operators in the long-term future.
PSPs may engage in various activities including: the execution of payment transactions, issuing and/or acquiring of payment instruments, as well as money remittance services.
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