Seminar on the Revised Implementing Procedures Part I with Special Focus on the Implementation of the Risk-Based Approach

Following the publication of the revised Implementing Procedures – Part I, the FIAU organized a one-day seminar to provide insights into the main changes carried out. Special focus was given to what is expected from subject persons when implementing the risk-based approach. Presentations were delivered by officials of the Legal & International Relations Section within the FIAU, all of whom have played a significant role in shaping local AML/CFT obligations. To this end, participants have benefitted from the in-depth knowledge of speakers who have been directly involved in the negotiations of the Anti-Money Laundering Directives at an EU level, in their transposition into Maltese law, or in the drafting and revision of the FIAU’s Implementing Procedures Part I and II.

Please note that these slide shows were accompanied by verbal explanations delivered in the course of the seminar. They do not provide an exhaustive or full explanation of all the aspects covered.