Legal Amendments implementing DORA Regulation in Maltese Law
On the 11th of November 2024, the Malta Financial Services Authority (the “MFSA”) has published a new Circular concerning the necessary legal measures for the purposes of the national implementation of Regulation 2022/2554 on Digital Operational Resilience (the “DORA Regulation”). The DORA Regulation is also accompanied by the DORA Amending Directive (EU) 2022/2556 (the “Amending Directive”). Akin to the transposition deadline of the Amending Directive, the DORA Regulation shall be applicable as from the 17th of January 2025.
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Authors: James Debono & Gianluca Sammut
