Latest News
A selection of our latest news
Loot boxes under scrutiny by UK Regulators
Loot boxes have become a staple in a number of video games, particularly in massive multiplayer online games. Now, regulators in the UK are tabling a ban on them. In video games, a loot box is a consumable virtual item which can be redeemed to obtain a random...
Companies Act – Exemption from audit
The Companies Act (Audit Exemption) Regulations, published on the 17th May 2019, provides an exemption to the general rule that companies incorporated in Malta must have the financial statements audited by independent auditors. In terms of the aforementioned...
Trade Secrets under Maltese law
The Trade Secrets Act, Chapter 589 of the Laws of Malta transposes EU Directive 2016/943/EU on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure into Maltese law. Trade secrets are an...
Malta Gaming Authority begins introduction of crypto and blockchain in the Gaming Industry
On the 1st of January, 2019, the MGA initiated the first phase of its Sandbox Framework for the acceptance of Virtual Financial Assets (“VFA”) and the usage of Distributed Ledger Technology (“DLT”) within the Gaming Industry. During this phase, the MGA will be...