Malta’s FX and CFDs Brokers May Need to Upgrade Their Licence Ahead of MiFID II

[kreslik.news]

With MiFID II deadline not far out, the Malta Financial Services Authority (MFSA) has published a circular on possible impacts of implementing Directive 2014/65/EU on the Investment Services Licence held by firms operating in the country.

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The MFSA’s statement concerns existing licence holders of a Category 2 Investment Services licence, which among many other operators includes firms that offer contracts for differences (CFDs) and spot forex contracts under the MiFID regime in and ... (read more)