2020 Silver Linings and the Year Ahead – Virtual Financial Assets
JANUARY 08, 2021

Herman Ciappara - Head, Virtual Financial Assets, MFSA


What was your best achievement in 2020?

The function’s best achievement for 2020 was the issue of the first-ever licence for a VFA Service Provider in Malta under the VFA framework. This was the culmination of hard work and endless hours by the whole team.

What would you like to achieve in 2021?

The plan for 2021 is to successfully roll out the supervisory framework on the newly licensed VFA Service Providers, thus ensuring a robust VFA sector in Malta.

What is the first word that comes to your mind when you hear 2020?