Entries by War Chest

Malta moves closer to being the first with blockchain legislation

The end of a three-week consultation period is set to see the presentation of three bills in parliament which would push Malta a step closer to becoming the first country with blockchain legislation. These bills are set to be the MDIA bill, which will provide for the establishment of the Malta Digital Innovation Authority, the […]

A Sell-Off with a long-term impact?

A sell-off that began last week after data in the US showed stronger wage growth, which raised expectations that US interest rates might start to rise more quickly to tackle inflation culminated in a heavy round of selling on Monday in the US that left the Dow Jones Industrial Average Index down 1,175 or 4.6% […]

The first step towards a Virtual Currency Act

The Malta Financial Services Authority (MFSA) has published its response to the feedback received on the Proposed Regulation of Collective Investment Schemes (CISs’) using Virtual Currencies. In its response the MFSA agreed with the suggestion made by key players within the industry that the new regulatory framework should extend to Alternative Investment Funds and Notified […]

Malta places first in personal freedom in business

In a ranking of 153 countries by Forbes, Malta was ranked 38th in terms of business friendliness. Analysts comments that such a result was impressive considering the fact that Malta was the smallest economy within the Eurozone. In the same ranking Malta ranked 1st in personal freedom, 17th in trade freedom, 35th in monetary freedom, […]

MFSA issues Discussion Paper on ICO’s and Coins

The Malta Financial Services Authority (MFSA) recently launched a discussion paper on virtual currencies thus initiating the process which would eventually lead to a policy framework that supports virtual currencies and related technologies. Such a framework would also provide effective protection for investors, financial market integrity and stability. The consultation process concludes on January 11th […]

War Chest launches new website

War Chest has today launched a new and improved website. The new website which may be viewed on both desktop and portable devices provides the user with information about the services War Chest provides, a useful general overview of Private Foundations in Malta and Corporate Legislation in Malta and general information about Malta as a […]

Is Malta a tax haven?

Tax evasion and tax havens have become a subject of much discussion on a global level. International revelations such as the Panama Papers and the Paradise Papers have only served to put the spotlight on the tax regime of a number of countries. The same revelations have also served to cast attention on the topic […]