Malta

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Lexnode Becomes a Fully Licensed VFA Agent

Lexnode is pleased to announce that it has been officially registered as a VFA Agent. This follows an ‘in-principle approval’ secured earlier in April.

In terms of the authorization, issued by the Malta Financial Services Authority (MFSA), Malta’s single financial services regulator, Lexnode is licensed to provide VFA Agent services both to prospective ICOs seeking registration in Malta as well as VFA Service Providers seeking licensing under Malta’s bespoke VFA regulatory framework.

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Lexnode secures an ‘In Principal Approval’ from MFSA

Lexnode Limited (C 88903) is pleased to announce that it is among the first batch of VFA Agents that has been awarded an ‘In Principal Approval’ from the Maltese financial services watchdog MFSA.

The ‘In Principal Approval’ was issued on Monday 1 April 2019 and effectively means that Lexnode is one step closer to becoming formally registered as VFA Agent.

Currently operating under the transitory period in terms of Article 62 of the VFA Act (Cap 590 of the Laws of Malta), Lexnode is at present servicing a number of ICOs and VFA service providers who had initiated their operations prior to November 1st 2018.

Having been successfully examined by the MFSA and other professional bodies, our team of lawyers and other professionals is well suited to assist entities who seek to regulate their activities in terms of the Maltese VFA framework.

Contact us now if you would like to learn more how we can assist you.