Syspay Ltd became on 24 October the first electronic money institution to be licensed by the Malta Financial Services Authority (MFSA).
The issue of the first Maltese EMI licence comes just a few months following the transposition of Directive 2009/110/EC of the European Parliament and of the Council of 16 September, 2009 on the taking up, pursuit and prudential supervision of the business of EMIs.
Further information is obtainable by email from [email protected].