EBA publishes Guidelines on the Role and Responsibilities of the AML/CFT Compliance Officer

June 22, 2022

22nd June 2022 The FIAU would like to draw the attention of subject persons to the Guidelines published by the European Banking Authority (EBA), specifying the role and responsibilities of the anti-money laundering and counter funding of terrorism (AML/CFT) compliance officer, and of the management body of credit or financial institutions. These guidelines aim to ensure a […]

Publication of 2021 FIAU Annual Report

June 21, 2022

21st June 2021 The FIAU has published its Annual Report for 2021.  In his welcome note Director Kenneth Farrugia said that 2021 was another challenging year. The first six months involved intensive work to continue to implement all the recommendations made by MONEYVAL. Nevertheless, during the June plenary, the FATF decided to grey list Malta […]

FATF Public Statements – 17 June 2022

June 21, 2022

21st June 2022 The FIAU would like to bring to your attention the latest FATF ‘High-Risk Jurisdictions subject to a Call for Action‘ (previously known as ‘Public Statement’) and ‘Jurisdictions under Increased Monitoring‘ (previously known as ‘Improving global AML/CFT compliance: on-going process’) documents issued by the FATF on 17 June 2022. A copy of these […]

European Union adopts 6th Package of Restrictive Measures related to the Crisis in Ukraine

June 8, 2022

8th June 2022 On 3 June 2022 a sixth (6th) package of restrictive measures against Russia and Belarus was adopted by the Council of the European Union (EU).  Apart from imposing restrictions that are of relevance to all subject persons, this package imposes or clarifies existing restrictions on the provision of trustee, accounting, auditing and […]

Notice – CBAR System – Downtime

June 1, 2022

1st June 2022 The FIAU would like to inform all CBAR users that on Friday 10th June 2022 there will be scheduled down time between 07:30 and 13:00. During this maintenance window, the CBAR Portal (cbar.fiaumalta.org) will be inaccessible. All operations around the platform will resume immediately after the maintenance window. The FIAU will be […]

EBA statement on financial inclusion in the context of the invasion of Ukraine

April 28, 2022

28th April 2022 The Financial Intelligence Analysis Unit (FIAU) would like to bring to your attention the fact that the European Banking Authority (EBA) has just published a statement on financial inclusion in the context of the invasion of Ukraine. The purpose of the statement is to ensure that both financial institutions and supervisors make […]