Following Malta’s Draft Order transposing the EU NIS 2 Directive, which closed for public consultation on 7 October 2024, as an EU Member State, Malta was obliged to transpose EU Directive 2022/2555 (‘NIS 2’) by 17 October 2024. The transposition was finally implemented on 8 April 2025 through Legal Notice 71 of 2025 which creates the Measures for a High Common Level of Cybersecurity across the European Union (Malta) Order, 2025 as Subsidiary Legislation 460.41 (S.L. 460.41). It should however be noted that at time of writing, S.L. 460.41 is not yet in force, though it is expected to come…
The EU’s process towards further harmonisation of its Capital Markets Union (“CMU”) provides a timely context for the implementation of tokenisation. The CMU aims to create a single, integrated financial market across the EU, fostering cross-border investments, mobilising citizens’ personal savings and reducing the reliance on bank-driven financing. The implementation of tokenisation within capital markets can help achieve these objectives by enabling frictionless trading and unlocking access to new pools of capital whilst increasing liquidity. As discussed in the previous insight on tokenisation in Malta, tokenisation reimagines asset representation by embedding ownership and legal rights into programmable tokens recorded on…
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…
