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EU Financial Regulatory Agency Reviews Malta's Cryptocurrency Fast-Track Authorization Process
Summary: According to reports, the European Securities and Markets Authority (ESMA) review highlighted that the Malta Financial Services Authority (MFSA) did not fully utilize time in the authorization process to ensure companies rectify core deficiencies before approval. Additionally, ESMA also stated that assessments in key areas such as business expansion, conflicts of interest, and governance arrangements ...
According to reports, the European Securities and Markets Authority (ESMA) review highlighted that the Malta Financial Services Authority (MFSA) did not fully utilize time in the authorization process to ensure companies rectify core deficiencies before approval. Additionally, ESMA also stated that assessments in key areas such as business expansion, conflicts of interest, and governance arrangements were not thorough enough.
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Link: EU Financial Regulatory Agency Reviews Malta's Cryptocurrency Fast-Track Authorization Process [Copy]
