Introduction to the Virtual Financial Assets Act

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Introduction to the Virtual Financial Assets Act

19th September 2018 @ 16:00 - 19:30

The new Virtual Financial Assets Act will come into force this October, making Malta the first jurisdiction to create a regulated space for virtual assets, cryptocurrencies and other finance-related activities mediated through distributed ledger technologies like blockchain.

A newly regulated area needs licensed operators and service providers, and any practitioner wishing to act as a VFA Agent will need to obtain a license. This course is designed to provide practitioners with the basic understanding of this new digital space in preparation for their license application.

Who should attend

Anyone intending to apply for a VFA Agent license should benefit from this course.

Course dates

Lecture 1: 28 August 2018*
What is blockchain/ DLT/ Crypto? How do exchanges work?
Lecture presentation
Lecturers: Patrick Young (Blockchain Malta Association), Joshua Ellul (University of Malta)
Venue: Xara Lodge, l/o Rabat

Lecture 2: 13 September 2018*
Malta’s legal framework for Virtual Financial Assets
Presentation 01; Presentation 02
Lecturers: Leonard Bonello (GANADO Advocates), Antonio Ghio (Fenech & Fenech Advocates)
Venue: Sir Temi Zammit Hall, University of Malta, Tal-Qroqq

Lecture 3: 19 September 2018*
The rules and regulations
Lecture presentation
Lecturers: Diane Bugeja (Camilleri Preziosi) ; James Farrugia (GANADO Advocates)
Venue: Xara Lodge, l/o Rabat

All lectures to be held between 16:00 and 19:30, with a short break for coffee half way through each session.

An examination will be held on 29 September 2018 starting at 10:00.

* Please note that the lecture dates may, should circumstances dictate, need to be shifted. Any changes will be communicated to you as soon as possible once a change is made.

Course location:
All lectures and the examination will be held at the University of Malta’s Msida Campus.


Course fees:
IFSP members’ fee: €200
Fee for all others: €250


Organisations registering five (5) or more people to this course benefit from a €30 discount on the standard fees above.

To register:

For individual registrations, please download the Individual application form here.
Organisations registering more than one participant should download the Groups registration form here.


Please complete the forms and return to us by email on, or by post to IFSP, Garrison Chapel, Castille Place, Valletta VLT 1063 along with the payment of the registration fee.


Registration fees may be paid by cheque made out to the IFSP, or by bank transfer. The IFSP’s bank details follow:

BOV account
Bank account number: 400 242 1080-7
IBAN: MT44VALL 2201 3000 0000 4002 4210 807


HSBC account
Bank account number: 027-039957-001
IBAN: MT37MMEB 4427 7000 0000 2703 9957 001


Individual form

Group form


19th September 2018
16:00 - 19:30
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