EU AML Legislative Package – Council mandate reached on the AMLR and AMLD6

January 11, 2023

11th January 2023 The FIAU would like to notify subject persons that a political agreement at Council level has been reached on the proposed Anti-Money Laundering Regulation (AMLR) and the new 6th Anti-Money Laundering Directive (AMLD6) pending first reading of such legislative texts at the European Parliament. The Council is now in a position to […]

EBA Guidelines to tackle de-risking – Consultation Paper

December 23, 2022

23rd December 2022 The Financial Intelligence Analysis Unit (FIAU) would like to notify subject persons that the European Banking Authority (EBA) has issued a consultation paper on effective management of ML/FT risks and access to financial services. The consultation relates to the addition of a new section to the EBA’s Guidelines on ML/FT risk factors […]

Issue of the Implementing Procedures – Part II addressed to Accountants and Auditors

December 20, 2022

20th December 2022 The Financial Intelligence Analysis Unit (FIAU) has today issued the Implementing Procedures – Part II addressed to accountants and auditors.  Drafted in conjunction with the Malta Institute of Accountants, these Implementing Procedures – Part II are intended to clarify how particular obligations arising from the Prevention of Money Laundering Act, the Prevention […]

Notice – CBAR System – Downtime

December 14, 2022

14th December 2022 The FIAU would like to inform users that on Thursday 15th December 2022 between 08:00 and 12:00 (am) there will be a scheduled down time of the CBAR system. 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.

FATF publishes a report on Money Laundering from Fentanyl and Synthetic Opioids

December 7, 2022

7th December 2022 The FIAU would like to inform subject persons that the FATF has issued a guidance document which gives an overview of the way proceeds generated from synthetic opioids trafficking can be laundered. It highlights how the methods used to launder any such proceeds can vary from one country to another as organised […]

EBA Guidelines on the use of Remote Customer Onboarding Solutions

December 6, 2022

6th December 2022 The Financial Intelligence Analysis Unit (FIAU) would like to inform subject persons that the EBA has issued guidelines on the application of AML/CFT rules in the context of remote customer onboarding. The guidelines were published following a public consultation which took place between the 10th of December 2021 and the 10th of […]