MALTA FINANCIAL SERVICES AUTHORITY ACT (EUROPEAN CROWDFUNDING SERVICE PROVIDERS FOR BUSINESS) REGULATIONS *

MALTA FINANCIAL SERVICES AUTHORITY ACT

(EUROPEAN CROWDFUNDING SERVICE PROVIDERS

FOR BUSINESS)

SUBSIDIARY LEGISLATION 330.15

MALTA FINANCIAL SERVICES AUTHORITY ACT

(EUROPEAN CROWDFUNDING SERVICE

PROVIDERS FOR BUSINESS) REGULATIONS *

24th December, 2021

LEGAL NOTICE 496 of 2021.

(1)

The title of these regulations is the Malta

Financial Services Authority Act (European Crowdfunding Service

Providers for Business) Regulations.

(2)

The purpose of these regulations is to implement certain

provisions of the European Crowdfunding Service Providers for

Business Regulation as herein defined.

(1)

In these regulations, unless the context otherwise

requires -

"the Act" means the Malta Financial Services Authority

Act;

"competent authority" means the Malta Financial

Services Authority established by the Act;

"European Crowdfunding Service Providers for Business

Regulation" means Regulation (EU) 2020/1503 of the European

Parliament and of the Council of 7 October 2020 on European

crowdfunding service providers for business, and amending

Regulation (EU) 2017/1129 and Directive (EU) 2019/1937, as

may be amended from time to time, and includes any binding

legal instruments, guidelines and other measures that have been

or may be issued thereunder.

(2)

Words and expressions used in these regulations shall

have the same meaning assigned to them in the Act.

The Malta Financial Services Authority established by

the Act shall be the designated competent authority in Malta

responsible for carrying out the functions and duties provided for in

the European Crowdfunding Service Providers for Business

Regulation.

The competent authority may issue Rules in terms of

article 16(2)(a) and article 20A(3) of the Act for the better carrying out

of the provisions of the European Crowdfunding Service Providers for

*These regulations have been repealed by Legal Notice 198 of 2025.

MALTA FINANCIAL SERVICES AUTHORITY ACT

(EUROPEAN CROWDFUNDING SERVICE PROVIDERS

FOR BUSINESS)

Business Regulation. Such Rules may lay down additional

requirements and conditions and any other matters as the competent

authority may consider appropriate including

(a)

the operation of the European Crowdfunding

Service Providers for Business Regulation or of these

regulations;

(b)

any matter relating to the functions, obligations

and powers of the competent authority under the European

Crowdfunding Service Providers for Business Regulation; and

(c)

any other matter arising in connection with the

European Crowdfunding Service Providers for Business

Regulation or these regulations.