GTG is pleased to share the Malta chapter of The Legal 500 (Legalease): Fintech Country Comparative Guide 2024.

Authored by our Managing Partner, Dr Ian Gauci, and Dr Cherise Abela Grech this comprehensive guide delves into the dynamic landscape of #fintech in Malta, offering invaluable insights and expert analysis.

To read the chapter please click here.

GTG has been ranked Band 1 by Chambers and Partners for Fintech Legal in five consecutive years: 2020-2024. Ranked lawyers - Dr Ian Gauci and Dr Cherise Abela Grech.

GTG has been ranked by Legal 500 for the last five consecutive years as a Tier 1 Firm in Fintech and Dr Ian Gauci Leading Individual in Fintech.

More on GTG expertise in FINTECH

An industry leader in international financial services in the Euro-Med region, Malta was the first jurisdiction to expand its comprehensive, flexible regulation to the Fintech sector with the introduction of three legal bills regulating distributed ledger technology (DLT) platforms, the application of blockchain technology and the ever-growing cryptocurrency market.

GTG has been at the forefront of these developments, with direct involvement in the development of Malta’s innovative legal framework and vast experience in advising clients operating in the fields of blockchain technology, cryptocurrencies, payment services and electronic money. Our experienced Fintech team provides practical and nuanced regulatory guidance and advice on:

• The regulatory status of cryptocurrencies and companies trading in VCs
• The regulatory requirements to register a whitepaper with the MFSA or apply for a VFA service provider license
• Financial Instrument Tests to determine the legal classification of any DLT Asset
• The legal aspects of blockchain-backed operations
• Drafting legal opinions
• Solutions and advice for KYC-related matters

GTG FINTECH Department is mostly known for its work on the drafting of the Maltese legislation on Virtual Currencies and Blockchain, having been instrumental in the drafting of the Virtual Financial Assets Act (Cap 590 of the Laws of Malta), the Malta Digital Innovation Authority Act (Cap 591 of the Laws of Malta) and the Innovative Technology Arrangements and Services Act (Cap 592 of the Laws of Malta), as well as the various Rulebooks, Guidelines and Subsidiary Legislation issued thereunder. The firm is in fact counsel on Fintech to the Government of Malta as well as both Fintech relevant authorities in Malta, namely, the Malta Financial Services Authority (MFSA) and the Malta Digital Innovation Authority (MDIA). Other work for which the firm is known for includes its expertise on Virtual Currency, Security Token Offerings (STOs) and expert advisory services in the Fintech sphere, especially on technology, intellectual property and data protection law.