The FIAU would like to inform subject persons that the 2021 REQs are now available on the Compliance and Supervision Platform for Assessing Risk (CASPAR) System for completion by subject persons. Subject Persons are hereby reminded that REQs can only be submitted through the CASPAR System.
Caspar Login
MFSA Warning – https://www.puth777.com/h5/ – Unlicensed Exchange
The Malta Financial Services Authority (“MFSA”) has become aware of an entity operating under the names of Puth Holdings Co Ltd, Puth Global Ltd or Digital Fintech One and which has an internet presence at https://www.puth777.com/h5/.
This entity claims to be a company “incorporated in Malta under the relevant laws of Malta” and purports to be operating “the world’s leading digital asset trading platform”.
The MFSA wishes to alert the public, in Malta and abroad, that this entity is NOT a Maltese registered Company NOR licensed or otherwise authorised by the MFSA to provide the service of an exchange or other financial services which are required to be licensed or otherwise authorised under Maltese law. The public should therefore refrain from undertaking any business or transactions with the above-mentioned entity.
The MFSA would like to remind consumers of financial services not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator. Investors should also be extra cautious when being approached with offers of financial services via unconventional channels such as telephone calls or social media.
A list of entities licensed by the MFSA can be viewed on the official website of the MFSA.
If you are a victim of a scam or think you might be dealing with an unauthorised entity or any other type of financial scam, first of all stop all transactions with the company and contact the MFSA as soon as a suspicion arises.
MFSA Warning – https://www.fortetradelimited.com/ – Unlicensed Entity
The Malta Financial Services Authority (“MFSA” or “the Authority”) has become aware of an entity by the name of Forte Trade Limited (“the Entity”) which has an internet presence at https://www.fortetradelimited.com/. On its website, the entity claims that “the first and safest crypto asset investment firm, was established to provide intelligent portfolios with its expert investors, customer-priority approach, safe and high-tech investment tools. Eliminating the risk factor to earn from digital assets, the platform is created to offer exclusive interest return”.
This website is making unauthorised use and reference to the details of a Maltese Registered Company.
The MFSA wishes to alert the public, in Malta and abroad, that https://www.fortetradelimited.com/ is NOT a Maltese registered Company NOR licensed or otherwise authorised by the MFSA to provide any VFA service, investment services or any other financial services which are required to be licensed or otherwise authorised under Maltese law. Furthermore, information available to the MFSA suggests that https://www.fortetradelimited.com/ is likely to be a scheme of dubious nature with a high risk of loss of money. The public should therefore refrain from undertaking any business or transactions with the above-mentioned entity.
The MFSA would like to remind consumers of financial services not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator. Investors should also be extra cautious when being approached with offers of financial services via unconventional channels such as telephone calls or social media.
A list of entities licensed by the MFSA can be viewed on the official website of the MFSA.
If you are a victim of a scam or think you might be dealing with an unauthorised entity or any other type of financial scam, first of all stop all transactions with the company and contact the MFSA as soon as a suspicion arises.
CfR Notice – Consolidated Group (Income Tax) Rules updates
The Commissioner for Revenue notifies that the Guidelines in relation to the Consolidated Group (Income Tax) Rules have been updated as follows:
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paragraphs (xiv) and (xv) have been updated to include further technical clarifications regarding Rule 6(2).
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paragraph (xviii) has been replaced to include clarifications regarding Rule 11 – Consolidated audited accounts. Annex 1 has also been added outlining items that may be excluded from the notes to the consolidated audited accounts.
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paragraphs (xviii) and (xix) have been renumbered accordingly.
The updated guidelines are available here.
MFSA Warning – TrustFX Tradings – Unlicensed Entity
The Malta Financial Services Authority (“MFSA” ) has become aware of an entity operating under the name of TrustFX Tradings (“Entity”) which has an internet presence at https://www.trustfxtradings.com/. Although this entity purports to operate from an address in Malta, the MFSA believes that this is not the case. On its website, the entity claims that “Trust Forex Tradings. A place for everyone who wants to simply buy and sell Bitcoins. Deposit funds using your Visa/MasterCard or bank transfer. Instant buy/sell of Bitcoins at fair price is guaranteed. Nothing extra. Join over 700,000 users from all over the world satisfied with our services.”
This website is making unauthorised use and reference to the licence number, registered address, and other company details of a Maltese licensed company.
The MFSA wishes to alert the public, in Malta and abroad, that TrustFX Tradings is NOT a Maltese registered Company NOR licensed or otherwise authorised by the MFSA to provide any forex trading services, VFA services or other financial services which are required to be licensed or otherwise authorised under Maltese law. Furthermore, information available to the MFSA suggests that TrustFX Tradings is likely to be a scheme of dubious nature with a high risk of loss of money. The public should therefore refrain from undertaking any business or transactions with the above-mentioned entity.
The MFSA would like to remind consumers of financial services not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator. Investors should also be extra cautious when being approached with offers of financial services via unconventional channels such as telephone calls or social media.
A list of entities licensed by the MFSA can be viewed on the official website of the MFSA.
If you are a victim of a scam or think you might be dealing with an unauthorised entity or any other type of financial scam, first of all stop all transactions with the company and contact the MFSA as soon as a suspicion arises.
