Year: 2020

October 22, 2020

*FULLY BOOKED*- Webinar on the FIAU’s Supervisory Examinations and Best Practices for DNFBPs

22nd October 2020 The Financial Intelligence Analysis Unit (FIAU) is hosting a webinar on the FIAU’s Supervisory Examinations and Best Practices on Friday 6th November at 11:00am. It will last one hour and will be of interest to all subject persons, particularly the Designated Non-Financial Businesses and Professions (DNFBPs); which encompasses Notaries, Lawyers, Accountants, Auditors, […]

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October 21, 2020

Notice: CBAR System – Go-Live Date and Submission of the XML File

21st October 2020 Publication and Coming into Force of the Centralised Bank Account Register Regulations [L.N. 401 of 2020] The Financial Intelligence Analysis Unit (“FIAU”) is hereby informing interested parties that the Centralised Bank Account Register Regulations, 2020 (“CBAR Regulations”) were published in the Government Gazette on 20th October 2020 and have come into force […]

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October 15, 2020

Submitting Reports via GoAML in line with Regulation 15(4) of the PMLFTR

15th October 2020 The Financial Intelligence Analysis Unit (FIAU) is issuing this notice to subject persons to advise them on the best practice to be adopted when submitting reports via GoAML in line with Regulation 15(4). In essence, all subject persons need to use the new goAML platform in order to submit any suspicious activity […]

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September 30, 2020

Notice – CBAR System – Update

30th September 2020 The Testing Phase of the CBAR system led to the FIAU and Reporting Entities identifying a number of situations where the Reporting Entities may not be in possession of the data required to complete the XML Schema due to particular situations, such as inactive or dormant accounts.  This has led to Reporting […]

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September 29, 2020

FIAU Notice in Response to the FinCEN Files

29th September 2020 The FIAU has today issued a notice in response to the FinCEN Files investigation, in which suspicious activity reports (SARs) made to the United States Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) were unlawfully disclosed and information contained therein made public. The SARs and any related media articles may contain […]

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September 29, 2020

Malta Financial Services Oversight newsletter – September 2020

29th September 2020 The Malta Financial Services Oversight newsletter is issued on a monthly basis on behalf of the Government. It contains updates and overviews of the current financial scenarios and contributions by Malta’s various regulators in relation to this industry including the FIAU. Follow this link to visit the Ministry Of Finance Website

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September 28, 2020

Minor Amendment to the Implementing Procedures Part I

28th September 2020 The FIAU has revised Section 4.9.2.1 of the Implementing Procedures Part I to clarify the measures that must be carried out with respect to business relationships with certain correspondent institutions. Presently, subject persons are required to undertake a specific set of enhanced due diligence (EDD) measures with respect to correspondent relationships with […]

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September 22, 2020

Notice – CBAR System – Pilot Testing to Reopen on 24 September

22nd September 2020 Pilot Testing The FIAU would like to inform all the reporting entities that are obliged to report to CBAR, that the pilot testing period will resume as from 24th September 2020 and will continue until further notice. The FIAU reminds all reporting entities that, during the pilot testing, the FIAU is expecting […]

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September 18, 2020

Publication of Revised Version of the Implementing Procedures – Part II for the Virtual Financial Asset Sector

18th September 2020 The Financial Intelligence Analysis Unit (FIAU) is today issuing a revised version of the Implementing Procedures – Part II on the Application of Anti-Money Laundering and Countering The Funding of Terrorism Obligations to the Virtual Financial Assets Sector, a copy of which may be accessed and/or downloaded from the FIAU’s website.  The […]

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