ArtificialIntelligence

AI Act’s Impact on Businesses Operating Within the EU

Data Protection and Privacy FinTech Intellectual Property Telecoms, Media & Technology

AI Laws of the World: Mamo TCV Contributes to the First Edition of DLA Piper’s Comparative Guide

DLA Piper’s recently published ‘AI Laws of the World’ guide provides a 2025 Q3 snapshot of AI laws and proposed regulations across more than 40 countries (including all 27 EU Member States), highlighting key legislative developments, regulations, proposed bills, and guidelines issued by governmental bodies. The guide also includes a contribution made by Mamo TCV Advocates which illustrates the legal position in Malta. The guide underscores significant geographical variation in regulatory approaches and attitudes, yet also reveals numerous common concerns, with lawmakers and AI-focused organisations worldwide adopting and exchanging a variety of strategies. Whilst some jurisdictions have established their own…

Claude Micallef Grimaud, Warren Ciantar and Nicole Bonett26th August 2025

Data Protection and Privacy Telecoms, Media & Technology

Malta’s AI Act Authority Designations

The Malta Digital Innovation Authority (“MDIA”) and the Information Data Protection Commission (“IDPC”) have been identified as the Maltese Market Surveillance Authorities (“MSA”) under EU Regulation 2024/1689 (the “AI Act”), albeit the process of designation has yet to be formally concluded. It is expected that this will take place shortly in the coming days. The MSAs will be tasked with overseeing the responsible use of AI systems in Malta and with having the competence to carry out investigations and issue fines and penalties where necessary. They will have a diverse set of responsibilities that may be categorised as follows: Maintaining…

Mamo TCV Advocates4th August 2025

Antitrust, Competition and Trade

AI in a Consumer-Driven World: Ensuring Product Safety in the Age of AI

Artificial intelligence (‘AI’) is revolutionising various industries and in today’s consumer-driven world, ensuring the safety of products is of paramount importance, more so when considering the innovative products being placed on the market. At the core of the AI Act are requirements that providers, manufacturers, importers, and distributors of AI systems must meet before making an AI system available for use or distribution on the Union market. These requirements cover AI systems that are, or that are safety components of, products such as toys, lifts, radio equipment, and medical devices which are classified as “high-risk” – that is AI systems…

Laura Spiteri25th November 2024

Banking & Finance FinTech

AI in the Banking Sector – a Sword, a Shield or an Achilles’ Heel?

1. Introduction We are not only living in a digital age but also in an age where individuals and businesses increasingly depend on banks for their day-to-day activities. The convergence of these two factors is compounded with the increased use of artificial intelligence (AI) both generally and specifically in the banking sector. From a general perspective, AI start-ups in 2013 received USD 2 bn in investments globally which increased twelvefold in 2018 to USD 24 bn . The European Commission is also planning to invest a total of €112 mm in AI, quantum research and innovation . More specifically, recent…

Matthew Muscat8th November 2024

Telecoms, Media & Technology

The AI Act’s Impact on Businesses Operating Within the EU

This article is part of our EU AI Act series which explores the effect of the AI Act across various industries and sectors. Introduction The first article (see link below) in this EU AI Act series provided, inter alia, a breakdown of the scope, applicability, timeline and risk levels of the AI Act, Regulation (EU) 2024/1689 (hereinafter referred to as the “Act”). The Act introduces significant obligations for all businesses developing or deploying AI that affect persons in the EU, with major fines for non-compliance. Crucially, the Act is extraterritorial in nature, since it also applies to businesses established in…

Andrea Theuma, Tessa Borg Bartolo and Sofia Said Salomone17th October 2024

Telecoms, Media & Technology

The EU AI Act: A General Overview

This article is part of our EU AI Act series which explores the effect of the AI Act across various industries and sectors. Overview & Applicability Timeline The Artificial Intelligence Act (“AI Act” or “Regulation”), officially Regulation (EU) 2024/1689, is a groundbreaking legislative framework designed to address the benefits and risks of AI technologies. Since AI is becoming ubiquitously integrated into various industries, the AI Act aims to ensure that these technologies are deployed safely, ethically, and transparently by establishing rules for AI Systems throughout the European Union (“EU”). The AI Act entered into force across the EU, including Malta,…

Claude Micallef Grimaud and Nicole Bonett30th September 2024