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Consultation Document on Fees for European Crowdfunding Services Providers (‘ECSPs’)

OPEN CONSULTATION  

  
 
From: Ministry for Finance and Employment
​(Malta Financial Services Authority)
​Published on: ​10 May 2022
Running till: ​31 May 2022
​Last Updated: ​10 May 2022
1.        Background

Following the entering into force of ‘Regulation (EU) 2020/1503 of the European Parliament and of the Council of 7 October 2020 on European Crowdfunding Service Providers for business, and amending Regulation (EU) 2017/1129 and Directive (EU) 2019/1937’, the Malta Financial Services Authority (the “MFSA” or the “Authority”) is seeking to 
establish a new fee structure for crowdfunding service providers. In fact, as described in further detail in the attached consultation document, the proposed fee structure shall consist of: (i) an application fee; (ii) an extension fee; and (iii) an annual supervisory fee.​


2.        Documents

Documents may be retrieved from:

​​https://www.mfsa.mt/publication/consultation-document-on-fees-for-european-crowdfunding-services-providers-ecsps/


3.        Submission of input
 
This proposed fee structure is open for consultation to the public until the 31 May 2022, until which date, interested parties are invited to submit their feedback by sending an email to: crowdfunding@mfsa.mt
We thank you in advance for your input.
Please be informed that submissions will be published on the webpage of this consultation at the end of the scoping phase. The lead Ministry has sole discretion upon the publication of comments.
Received contributions, together with the identity of the contributor, will be published on the Internet, unless the contributor objects to the publication of his/her personal data on the grounds that such publication would harm his/her legitimate interests. In this case the contribution may be published in anonymous form. Otherwise the contribution will not be published nor will, in principle, its content be taken into account.  Any objections concerning the publication of personal data should be sent to the service responsible for the consultation on the following email address: onlineconsultations@gov.mt.
 
Data Protection Statement the General Data Protection Regulation and the Data Protection Act (Chapter 586)

The General Data Protection Regulation and the Data Protection Act Chapter 586 regulate the processing of personal data whether held electronically or in manual form. The Ministry for European Affairs and Equality collects only information which is necessary for it to perform its intended functions and is set to fully comply with the Data Protection Principles as set out in the Data Protection Legislation.  Verification of the ID number provided will take place as deemed necessary. All personal data provided will be processed according to the General Data Protection Regulation and the Data Protection Act (Cap 586).
 
 
In addition, please be aware of:
 
·         Disclosure under the Freedom of Information Act (Chapter 496)
As we are a public authority all documents we hold, including documents related to this public consultation process, may be released following a request to us under the Freedom of Information Act (Chap. 496), unless such request may be subject of an exemption arising from the same Act.

​​www.konsultazzjoni.gov.mt

Click on the 'Online Consultation' logo to go to the Public Consultations main page.

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