Malta is an example that should be followed: Over the weekend, Hans Kluge, Regional Director of the World Health Organization of Europe, tweeted about Malta and praised the country for the health measures taken to protect the population and control the spread of the coronavirus. Kluge said Malta was “on the right track and an...
These are by no means ordinary times, and being optimistic in such times is somewhat absurd, how can one be optimistic when everything seems to be collapsing? When it seems like the issue will only get worse before it gets better? Well, it is not easy, and maybe typing it is easier than saying it...
Comment by Philipp Sauerborn: Currently, there is no other topic that dominates the media more than the coronavirus or Covid-19, a virus that is spreading rapidly and terrifying the population and the economy. It is precisely at such times that governments are more than ever in demand to prove themselves worthy and effective. As many...
It is the moment all MLROs and Compliance Officers within the local Virtual Financial Asset sphere have been waiting for – the publication of the legally binding Implementing Procedures (IPs) (Part II) in relation to the VFA sector! Issued on the 3rd of February by the Financial Intelligence Analysis Unit, these Implementing Procedures set out...
“As a hard-nosed, self-made businessman, I believe that Malta represents the best destination for ambitious UK firms that must have a post-Brexit presence in the EU” — Michael Ashcroft The departure of Europe’s number one destination for foreign direct investment has sent shockwaves throughout the world and created confusion and uncertainty for the European Asset...
Personal Data is not just a Name and a Surname. The GDPR’s definition of personal data is very broad and includes any information which directly or indirectly identifies a living individual. Your name and surname would identify you as a person, BUT what if you have a common name?
Living in a data-driven world where almost every aspect of our lives revolves around and involves the collection, processing and retention of data, the 1995 Directive struggled to keep up with the hasty technological developments. This is why in 2012, the European Commission published legislative proposals for data protection reform across the European Union, with...
Malta has developed a progressive approach towards distributed ledger technologies and cryptocurrencies, to the extent that we have now have a regulated framework. The VFA Act is an innovative legislation which regulates Initial Virtual Financial Assets Offerings and outlines their licensing requirements, entitled The Virtual Financial Assets Act, 2018. Now, if you are a Service...
On the sunny Mediterranean island of Malta, everything revolves around blockchain technology. Before the Malta AI & Blockchain Summit takes place in a few weeks, the Maltese government is making headlines with the announcement of several exciting blockchain initiatives. At the same time, a separate bank is being set up to concentrate on financing blockchain...
The Malta Blockchain Summit is coming back! On May 24th and 25th, the eyes of the Blockchain World will be eagerly set on the sunny Mediterranean island of Malta where the greatest names and authorities of the Blockchain and Crypto world will gather and discuss the future of this groundbreaking industry. However, Malta is not...
