Malta has established itself as the ‘first mover’ in the regulation of businesses utilizing distributed ledger technology (DLT), upon which blockchain is based.
Recognizing the potential behind blockchain, Maltese lawmakers sought to develop a regulatory environment that addresses the risks arising from sinister uses of the technology while, at the...
Pursuant to the ‘Discussion Paper on Initial Coin Offerings, Virtual Currencies and Related Service Providers’, the MFSA has released a consultation document in respect of the ‘financial instrument test’ (the “Test”).
The purpose of the Test is to determine the applicable regulatory framework for initial coin offerings, as well as...
As businesses set out to implement operational changes to phase into the new regulatory environment brought about by the GDPR, many are those who are still struggling to understand the parameters in which data controllers are expected to obtain consent from data subjects as a basis for lawful processing.
The...
In May 2014, the Court of Justice of the European Union (CJEU) ruled that search engines, such as Google, assumed the function of a controller and set out the right of data subjects to request the erasure of personal data that is ‘inadequate, irrelevant or no longer relevant’.
Search Engine...
Negative search engine results can have undesired consequences such as loss of business or employment opportunities. This can be disproportionately unfair if the information is false, misleading or outdated.
This principle was confirmed in an important ruling on the subject delivered by the Court of Justice of the European Union...
On the 22nd July 2013, the European Parliament enacted Regulation 345/2013 and 346/2013 which laid down uniform requirements and conditions for managers of European Venture Capital Funds (EuVECAs) and European Social Entrepreneurship Funds (EuSEFs). EuVECAs and EuSEFs are essentially harmonised collective investment schemes intended to facilitate the supply of capital...
