The MGA is actively seeking information from its licensees to understand how the DSA rules will impact their operations.
CFT
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.
Malta was taken off from the greylist on Wednesday during the plenary meeting of the global watchdog Financial Action Task Force (FATF).
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.
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.