Our VFA Agent Services
CAMA has received the final approval from the Malta Financial Services Authority to act as a VFA Agent in terms of both Article 7 and Article 14 of the Virtual Financial Assets Act (Cap. 590 of the laws of Malta) and may assist VFA Issuers and VFA Service Providers, through a range of VFA Agent services:
- classification of tokens, coins and other crypto-assets under the ‘Financial Instrument Test’
- carrying out fitness and properness assessments
- drawing up and review of whitepapers
- assistance with token-sale agreements
- technical review of blueprints and cyber-security policies
- assistance with internal good governance arrangements, including KYC/AML processes, controls and procedures
- liaising with functionaries and service providers to be appointed, such as systems auditors, directors, MLROs, compliance officer and others (where applicable)
- guiding the board of directors and other functionaries in their duties and responsibilities
- corporate structuring and asset management solutions
- preparation and submission of applications for registration of a whitepaper and applications for a licence to provide VFA Services with the MFSA
- assistance with the certification of innovative technologic arrangements (ITA) with the MDIA
- liaising with the MFSA and other relevant national regulatory authorities
CAMA as a VFA Agent Services for VFA Service Providers
CAMA may assist entities seeking to apply for a VFA Service Provider Licence by guiding prospective licence holders through the licence application process, assisting with, among others:
Why CAMA
Launching a disruptive business in a recently introduced legal and regulatory framework is a challenge in itself, requiring the support of a team of committed individuals who are able to provide you with a holistic service offering based on a multi-disciplinary approach.
With the combined expertise and experience of its personnel across the legal, regulatory, financial, structuring and advisory fields, CAMA is well positioned to translate the visions of today into the realities of tomorrow.
At CAMA we are able to rely on a team that enjoys years of experience in the capital markets and financial services sector, enjoying a deep knowledge and understanding of the capital raising process and regulated activities across the banking, finance, asset management, investment services and wealth management industries.
VFA Issuers and VFA Service Providers may thus rely on agile and forward-thinking individuals who are able to adopt and apply the fundamental principles of capital raising and investment services to innovative and disruptive business models
With an aptitude for seeking practical solutions to complex situations, CAMA is dedicated to meeting and exceeding expectations by going the extra mile in delivering on our commitments.
CAMA’s international footprint and the professional network enjoyed by Camilleri Preziosi and Amagis Capital offers clients the opportunity to team up with trustworthy and highly-professional individuals across multiple jurisdictions and industry sectors, including accounting, auditing, system auditing, I.T. developers, and other specialist service providers and advisors.
We aim to meet your expectations by delivering an unbiased and tailored service being able to understand the application of innovative technologies to the traditional financial and business industries: this will translate into a full support aimed at implementing your project and creating the right corporate and regulatory structure.
CAMA may assist entities seeking to apply for a VFA Service Provider Licence by guiding prospective licence holders through the licence application process, assisting with, among others:
- classification of tokens, coins and other crypto-assets through the Financial Instrument Test;
- establishing a legal entity in Malta and providing corporate support services;
- fitness and properness assessments on proposed VFA Service Providers and their functionaries;
- advice on corporate, financial and product structuring, including custody and asset management solutions;
- legal and regulatory advice and on-going assistance;
- assistance with structuring of internal policies, procedures, systems and controls, including cyber-security policies, KYC/AML procedures, custody and wealth management solutions;
- liaising with functionaries and services providers, such as local directors, MLROs, compliance officers and risk managers required to be appointed;
- guiding the board of directors and other functionaries in their duties and responsibilities;
- preparation and submission of licence application with the MFSA;
- assistance with the certification of innovative technologic arrangements (ITA) with the MDIA;
- liaising with the MFSA, MDIA, Registry of Companies and other relevant national regulatory authorities.
Why CAMA
Launching a disruptive business in a recently introduced legal and regulatory framework is a challenge in itself, requiring the support of a team of committed individuals who are able to provide you with a holistic service offering based on a multi-disciplinary approach.
With the combined expertise and experience of its personnel across the legal, regulatory, financial, structuring and advisory fields, CAMA is well positioned to translate the visions of today into the realities of tomorrow.
At CAMA we are able to rely on a team that enjoys years of experience in the capital markets and financial services sector, enjoying a deep knowledge and understanding of the capital raising process and regulated activities across the banking, finance, asset management, investment services and wealth management industries.
VFA Issuers and VFA Service Providers may thus rely on agile and forward-thinking individuals who are able to adopt and apply the fundamental principles of capital raising and investment services to innovative and disruptive business models
With an aptitude for seeking practical solutions to complex situations, CAMA is dedicated to meeting and exceeding expectations by going the extra mile in delivering on our commitments.
CAMA’s international footprint and the professional network enjoyed by Camilleri Preziosi and Amagis Capital offers clients the opportunity to team up with trustworthy and highly-professional individuals across multiple jurisdictions and industry sectors, including accounting, auditing, system auditing, I.T. developers, and other specialist service providers and advisors.
We aim to meet your expectations by delivering an unbiased and tailored service being able to understand the application of innovative technologies to the traditional financial and business industries: this will translate into a full support aimed at implementing your project and creating the right corporate and regulatory structure.
