On Oct. 4, MLT GVT added DORA competence to penalties regulations.
MLT GVT published Administrative Penalties, Measures and Investigatory Powers (Amendment) Regulations, 2024, amending principal regulations S.L.371.05.
Purpose
Implementation of art 4(1) of DORA Dir 2022/2556; addition of the DORA Reg 2022/2554 among the definitions; authority oversight to outsourcing third parties.
Effectiveness
The regulations enter into force on Jan. 17, 2025.
Regulators
MLT GVT
Entity Types
B/D; Bank; BS; IA; Ins; Inv Co; MSB
Reference
OG 21,323, LN 254, 10/4/2024; Citation: S.L.371.05; DORA Dir 2022/2556; DORA Reg 2022/2554;
