MT · Cap. 590
* (Cap. 590)
Inhalt
- Art. 1 Short title.
- Art. 2 Interpretation.
- PART II
- Art. 3 Initial VFA offerings and admission to trading on VFA exchange to be made with a registered whitepaper.
- Art. 4 Dating of whitepaper and matters tobe stated therein.
- Art. 5 Website.
- Art. 6 Advertisements.
- Art. 7 Obligations of the issuer towards the competent authority.
- Art. 8 Admission of virtual financial assets to trading.
- Art. 9 Applicable principles.
- Art. 10 Civil liability for misstatements in whitepaper, advertisementsand website.
- Art. 11 Cross-borderoffers and admission to trading.
- Art. 12 Powers of the competent authority.
- PART III
- Art. 13 Licensing and determination requirement.
- PART IV
- Art. 14 Application for a licence.
- Art. 15 Where the competent authority may grant or refuse to grant a licence.
- Art. 16 Register of licence holders.
- Art. 17 Where the competent authority shall refuse to grant a licence.
- Art. 18 Burden of proof.
- Art. 19 Revocable privilege.
- Art. 20 Assignment and transferability.
- Art. 21 Power of competent authority to cancel or suspend licences.
- Art. 22 Notification of proposed refusal, variation, cancellation or suspension of a licence.
- PART V
- Art. 23 Applicable requirements and compliance with the Prevention of MoneyLaundering Act.
- Art. 24 Board of administration.
- Art. 25 Changes of information.
- Art. 26 Payment of fees.
- Art. 27 Fiduciary obligations. Cap. 16.
- Art. 28 Participation in a licence holder, mergers, reconstructions, divisions and changes in capital or voting rights.
- Art. 29 Advertisements.
- Art. 30 Website.
- Art. 31 VFA licence holders unable to meet obligations.
- Art. 32 Certificate of compliance.
- PART VI
- Art. 33 Scope and jurisdiction.
- Art. 34 Prohibition of insider dealing.
- Art. 35 Prohibition of unlawful disclosureofinside information.
- Art. 36 Prohibition of market manipulation.
- Art. 37 Detection and report on market abuse.
- PART VII
- Art. 38 Minister’s power to make regulations.
- Art. 39 Power of competent authoritytorequire information.
- Art. 40 Appointment of inspectors.
- Art. 41 Power to issue directives.
- Art. 42 Power of the competent authority to protect the public interest.
- Art. 43 Right of entry.
- Art. 44 Discontinuation or suspension from trading on a VFA exchange.
- Art. 45 Notice of discontinuation or suspension.
- Art. 46 Temporary suspension of trading on a VFA exchange.
- Art. 47 Power of the competent authority to introduce test.
- Art. 48 Administrative penalties and other measures.
- Art. 49 Obligation to state grounds for decisions.
- PART VIII
- Art. 50 Auditor’s duty to report.
- PART IX
- Art. 51 Appeals. Cap. 330.
- Art. 52 Powersofthecourt in the case of a likely contravention.
- Art. 53 Offences.
- Art. 54 Penalties.
- Art. 55 Sanctions on members of the body of administration of the legal entity.
- Art. 56 Publicstatementas to person’s misconduct.
- Art. 57 Confidentiality.
- PART X
- Art. 58 Exclusion of liability.
- Art. 59 Notices, etc.
- Art. 60 European right.
- Art. 61 Co-operation with ESAs and other European,overseas and national regulatory authorities.
- PART XI
- Art. 62 Transitory provisions.
- Art. 63 Further transitory provisions relating to VFA agents.
- Art. 64 Further transitory provisions relating to applications for a licence.
- Art. 65 Further transitory provisions relating towhite papers.
- Art. 66 Further transitory provisions relating to the provision of VFA services.