The selection process for the third and final cohort of the European Blockchain Sandbox has been completed and the final twenty selected use cases have now been announced. Moreover, the European Blockchain Sandbox will soon be publishing the second cohort’s Best Practices Report which shall contain an overview of the regulatory best practices identified. The Report will be launched during a public webinar to be held on the 29th April 2025 at 14:00 CET, wherein the public is invited to ask any questions they may have regarding the Report. In conjunction, the award for the Most Innovative Regulator for the…
The European Commission has communicated its rejection of the draft Regulatory Technical Standards (RTS) on subcontracting ICT services supporting critical or important functions supplementing the Digital Operational Resilience Act (DORA). In its communication, the Commission held that the European Supervisory Authorities (ESAs) exceeded their mandate under Article 30(5) of DORA (which came into effect on 17 January 2025) by introducing requirements not specifically linked to the conditions for subcontracting in Article 5 of the RTS. The Commission has made it clear that Article 5 and the related recital 5 of the draft RTS must be omitted from the draft RTS…
The EU AI Act becomes applicable across the EU, including Malta, on 2 August, 2026 (you may read our general overview here). However, the AI Act’s general provisions and the provisions on prohibited AI practices that present an unacceptable level of risk, will come into force as early as 2 February 2025. With this deadline fast approaching, organisations subject to the AI Act must ensure compliance accordingly. AI Literacy By 2 February 2025, providers and deployers of AI systems, including those based in Malta, must take steps to guarantee an adequate level of AI literacy among their staff and any…
