Month: June 2021

June 28, 2021

FATF Public Statements – 25th June 2021

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 25 June 2021. A copy of these documents has been uploaded on the FIAU’s […]

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June 25, 2021

Interpretative Note on Assessing Jurisdictional Risk and the Consequential Application of AML/CFT Obligations in light of Malta’s Grey Listing by the Financial Action Task Force

On 23 June 2021, the Financial Action Task Force (FATF) placed Malta under increased monitoring as part of a process to ensure that it addresses specific remaining deficiencies in its anti-money laundering and countering the financing of terrorism (AML/CFT) regime – a process which is often informally referred to as having been “grey listed”. Grey […]

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June 14, 2021

List of Prominent Public Functions

14th June 2021 The Financial Intelligence Analysis Unit (‘FIAU’) would like to inform subject persons that in the exercise of the powers conferred by Article 12(5) of the Prevention of  Money Laundering Act (Cap. 373), the Minister for Finance and Employment, acting on the advice of the National Co-ordinating Committee on Combating Money Laundering and […]

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June 2, 2021

Webinar on the Business Risk Assessment: Best Practices (RECORDING AVAILABLE)

2nd June 2021 In April 2021, the FIAU published a guidance paper entitled ‘‘The Business Risk Assessment’’, which highlights common findings derived from an analysis of a sample of Business Risk Assessments submitted by subject persons across all regulated sectors. It also includes good practices which should be adopted by subject persons. To complement this […]

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