Year: 2022

March 24, 2022

Update: Submitting reports via goAML in line with regulation 15(4) of the PMLFTR

24th March 2022 The Financial Intelligence Analysis Unit (FIAU) issued a guidance note to subject persons (SPs) to advise them on the best practices to be adopted when submitting reports via goAML in line with Regulation 15(4) back in January 2021. Current ProceduresSPs were requested to submit a TRN report for every pending transaction separately. […]

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March 23, 2022

FATF Publication on ML/FT risks arising from Migrant Smuggling & FATF Public Statement on the situation in Ukraine

23rd March 2022 The Financial Intelligence Analysis Unit (FIAU) would like to bring to the attention of subject persons and other interested parties a recent publication of the Financial Action Task Force (FATF) focusing on the money laundering and funding of terrorism risks arising from migrant smuggling.  This publication intends to raise awareness about the […]

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March 18, 2022

Save the Date – Forthcoming Information and Training Session

18 March 2022 The Financial Intelligence Analysis Unit (FIAU) would like to inform interested parties that an information and training session is being held on Friday, 6 May.  This session intends to provide insights into recent activities focusing on beneficial ownership and tax-related money laundering, as well as enhancing subject persons’ understanding of their obligations […]

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March 11, 2022

FATF Public Statements – 04 March 2022

11th March 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 04 March 2022. A copy of these […]

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March 10, 2022

Public Consultation on the FATF Risk-Based Guidance to the Real Estate Sector

10th March 2022 The Financial Intelligence Analysis Unit (FIAU) would like to inform subject persons, representative bodies and interested parties that the Financial Action Task Force (FATF) has published a draft of its Risk-Based Guidance to the Real Estate Sector for public consultation. This updated publication intends to provide guidance and support to private sector practitioners, supervisors, […]

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March 3, 2022

Sanctions adopted in response to the current situation in Ukraine

3rd March 2022 The current situation in Ukraine has once more brought to the fore the importance of ensuring that all subject persons adhere to their obligations arising from the National Interest (Enabling Powers) Act and from the Prevention of Money Laundering and Funding of Terrorism Regulations, as complemented and expanded upon by the Implementing […]

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March 2, 2022

EU Commission Delegated Act on High Risk Third Countries – 21 February 2022

2nd March 2022 The Financial Intelligence Analysis Unit (FIAU) would like to bring to your attention the latest Delegated Act of the European Union’s (EU) Commission on High Risk Third Countries, which was adopted by virtue of Delegated Regulation (EU) 2022/229 of 7 January 2022 and published in the EU’s Official Journal of 21 February […]

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February 1, 2022

Risk Evaluation Questionnaire 2022 (REQ)

1st February 2022 REQ 2022 Submission The 2022 Risk Evaluation Questionnaire (“REQ”) will be available on the Compliance and Supervision Platform for Assessing Risk (CASPAR) portal for completion by subject persons as from 1st March 2022. Notwithstanding this, a copy of the revised 2022 REQ per sector is available below. This will allow subject persons […]

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