Deloitte Internet Regulation Updater

Following official publication of the Digital Services Act (DSA) on 27 October 2022, the European Commission has given an update on its progress. Key points are:

• Fees: The Commission will charge very large online platforms (VLOPs) and very large online search engines (VLSEs) a supervisory fee based on their annual estimated costs. The detail of this methodology will follow in a delegated act, expected to be published by December 2022 and adopted by February 2023.
• Reporting active user numbers: Internet companies in scope will be required to publish the number of active users, which the Commission expects by February 2023. VLOPs and VLSEs will then be designated if the platform passes the threshold of having more than 45 million users in the European Union.
• Timings: Once designated the Regulation applies four months later. We therefore expect the rules will apply to the VLOPs/VLSEs from July 2023.
• Audit: VLOPs and VLSEs will be required to carry out independent external audits at least once a year to verify their compliance with all the due diligence requirements under the DSA. The Commission aims to deliver this delegated legislation for consultation in January 2023 to be in force by July 2023.    
• Procedural regulation: The delegated act is expected later this year with adoption in February and entry into force in March 2023.

To hear more on the DSA please join our webinar taking place on 14 November 2022 at 16:00 GMT.

If you would like to speak to the Deloitte Internet Regulation team supporting clients with DSA compliance, please contact:

Joey Conway, Internet Regulation Partner, Legal

Nick Seeber, Internet Regulation Lead Partner

To hear more about how Deloitte can support on Internet Regulation: Internet Regulation Brief | Deloitte UK.

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