NCC PUBLISHES 2023 NATIONAL RISK ASSESSMENT
In recent years Malta has made significant strides in improving its AML/CFT framework, resulting in its removal from the Financial Action Task Force (FATF) grey list in June 2022.
Philip Bugeja, a well-renowned AML/CFT Consultant, gives his insight about the AML Directive 5
The Anti-Money Laundering Directive 5 (AMLD5) is a set of regulations enacted by the European Union to combat money laundering and terrorist financing.
REQ 2023 Submission
The FIAU’s yearly issue of the Risk Evaluation Questionnaire (REQ) is a means by which the regulator and the Operator assess the current standing of the AML/CFT standing of the compliance management regime.
The deadline for this report is on the 13th of April 2023 for Gaming Operators.
Malta Taken Off From FATF Grey List
Malta was taken off from the greylist on Wednesday during the plenary meeting of the global watchdog Financial Action Task Force (FATF).
FIAU | EBA published a statement on financial inclusion in the context of the invasion of Ukraine
The European Banking Authority (EBA) published a statement addressed to both financial institutions and supervisors to ensure they make every effort to provide access for Ukrainian refugees to at least basic financial products and services.
FIAU | Guidance Note on the Money Laundering Reporting Officer
The Financial Intelligence Analysis Unit (“FIAU”) published a new Guidance Note on Common Issues related to the Money Laundering Reporting Officer (“MLRO”).
FIAU | Training for Concealment of Beneficial Ownership
Financial Intelligence Analysis Unit (FIAU), together with the Malta Business Registry (MBR), organised a beneficial ownership concealment training session on money laundering (ML) typologies, red flags and case studies.
Mario Fiorini, IGA Group’s Director interview with iGamingCapital – Greylisting impact
After much speculation, 2021 turned out to be a rocky year for Malta’s efforts to bolster its international reputation in the wake of revelations of public and private corruption that have rocked the island in recent times.