Year: 2020

February 25, 2020

FATF Jurisdictions: Important Notice with respect to Iran

25th February 2020 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: ongoing process’) documents issued by the FATF on the 21 February 2020. A copy of […]

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February 21, 2020

Publication of Presentations: 2020 REQ Training Seminars

21th February 2020 All Sessions – Compliance and Supervision Platform for Assessing Risk (CASPAR) All Sessions – FIAU Risk Assessment Scoring Methodology Session 1 – 2019 – Accountants, Tax Advisors & Advocates Session 1 – 2020 – Accountants, Tax Advisors & Advocates Session 2 – 2019 – TCSPs & VFA Agents Session 2 – 2020 […]

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February 7, 2020

Amendments to the Prevention of Money Laundering Act – Cap 373

7th February 2020 Amendments to the Prevention of Money Laundering Act A summary of the salient amendments to the Prevention of Money Laundering Act, Chapter 373 of the Laws of Malta. Background Act No. I of 2020 introduces a number of amendments to the Prevention of Money Laundering Act, Cap 373 of the Laws of […]

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February 3, 2020

Implementing Procedures Part II – Virtual Financial Assets Sector

3rd Febraury 2020 The Financial Intelligence Analysis Unit (“FIAU”) has today issued sector specific Implementing Procedures applicable to the Virtual Financial Assets sector. These Implementing Procedures – Part II set out how VFA Agents, VFA Service Providers and anyone conducting VFA offerings to the public are to comply with the AML/CFT obligations arising from the […]

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January 27, 2020

2020 Risk Evaluation Questionnaires (REQ): Consultation Period

27th January 2020 CONSULTATION PERIOD FIAU Risk Evaluation Questionnaire The Financial Intelligence Analysis Unit (FIAU) has published a revised version of the Risk Evaluation questionnaires (REQs) for consultation and is inviting all persons and entities subject to the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR) (Subsidiary Legislation 373.01 of the Laws of […]

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January 7, 2020

European Commission launches public consultation on an EU regulatory framework on crypto-assets.

7th January 2020 The Financial Intelligence Analysis Unit would like to notify subject persons and all interested stakeholders that the European Commission has launched a public consultation on an EU regulatory framework on crypto-assets (virtual financial assets). The consultation, which takes the form of a questionnaire, is not specific to AML/CFT matters but does include […]

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