Malta: New Technology

Artificial intelligence has already sunk deep roots into the way financial services operate. It is guiding risk scoring, detecting unusual patterns in payments, filtering fraud and shaping decisions that once depended entirely on human judgment.

The designation of "high risk" AI systems in the EU's AI Act carries with it the most stringent obligations and is mainly where businesses need to focus their immediate compliance efforts.

On June 6 2025, the European Commission ("Commission") has launched a public consultation aimed at gathering stakeholder feedback on the classification and regulatory treatment of high-risk artificial intelligence ("AI")...