Malta: New Technology

The Malta Financial Services Authority has issued comprehensive guidance on artificial intelligence governance for financial firms, establishing clear expectations for board accountability, risk management frameworks, and third-party oversight. As AI adoption accelerates across the sector, regulated entities must now demonstrate robust control mechanisms, model validation processes, and data governance standards that align with both the EU AI Act and prudential requirements.

In our third episode we meet André Xuereb, professor of physics at the University of Malta and an entrepreneur. André is a thought leader in quantum technologies with a passion for exploring how we can shape tech for a safer tomorrow.

Malta's financial regulator has published a groundbreaking discussion paper addressing decentralised finance regulation, proposing innovative frameworks including Software-based Organisations, Guardian Agents, and compliance-by-design mechanisms. The consultation explores how jurisdictions can regulate financial services when traditional intermediaries no longer exist, potentially positioning Malta as a global leader in DeFi governance.

Recent developments in artificial intelligence governance continue to highlight the growing importance of robust monitoring mechanisms once AI systems are deployed in real-world environments.

The European Union's approach to governing artificial intelligence (AI) has undergone a significant inversion, shifting from a liability-focused stance to an ex ante compliance form of regulation.

Computime and PwC Digital Services announced today a strategic collaboration aimed at bringing Artificial Intelligence (AI) solutions to the market.

Malta has just marked another milestone in its journey toward responsible artificial intelligence governance. Following last year's amendments to the Malta Digital Innovation Authority (MDIA) Act...

The Council of Europe has on the 17th of May 2024, finalised a first of its kind, legally binding draft international treaty on Artificial Intelligence and Human Rights, Democracy and the Rule of Law (the "Convention").

From 2 August 2026, Article 27 of the EU Artificial Intelligence Act ("AI Act") will come into effect