2nd August 2022 The FIAU would like to inform subject persons that the FATF has updated its Guidance Document on the Risk Based Approach for the Real Estate Sector. This follows a public consultation exercise carried out between March – April 2022, in which the FIAU also provided its feedback. The revised Risk-Based Approach Guidance for […]
28th July 2022 The FIAU would like to bring to your attention the fact that on the 21st of July 2022, the Council of the European Union (EU) adopted the “maintenance and alignment package” in response to Russia’s continuing war of aggression against Ukraine. These measures “are intended to tighten existing economic sanctions targeting Russia, perfect […]
26th July 2022 The FIAU would like to inform subject persons that EUROPOL has published the Annual European Union Terrorism Situation and Trend Report for 2022. This is the most comprehensive and up-to-date intelligence picture on terrorism and associated extremism in the European Union (EU). It includes figures, major developments and trends pertaining to the threat posed by terrorism […]
19th July 2022 The FIAU has issued a guidance document about Reporting through goAML. This document is an update to the one published by the FIAU on 29/01/2021. This document aims to help clarify the reporting process, the types of reports which may be submitted and how to decide which is the one required. The key updates […]
15th July 2022 The FIAU has published a guidance note entitled ‘Obtaining Source of Wealth Information related to Parties other than the Customer’. The purpose of this Guidance Note is to provide guidance on the most common scenarios where a subject person would be expected to ask questions and obtain information, supplemented by documentation, on […]
14th July 2022 The FIAU recently launched its Annual Report for 2021. Our report highlights our journey through 2021, the challenges, the successes, the achievements, and the things we aspire to achieve and improve in the future. It tells our story, who we are, what we do and why we do it. Every year the […]
8th July 2022 The FIAU has published a guidance note on the Use of Cash and the Banking Sector. It aims to provide credit institutions with directions as to how they can comply with their obligations under the Prevention of Money Laundering and Funding of Terrorism Regulations, and the relevant Implementing Procedures with respect to […]
6th July 2022 FATF Update – Targeted Update on the Implementation of the FATF Standards on Virtual Assets and Virtual Asset Service Providers The Financial Intelligence Analysis Unit (FIAU) would like to inform all subject persons that the Financial Action Task Force (FATF) has issued a third report on the implementation of the FATF Recommendations […]
22nd June 2022 The FIAU would like to draw the attention of subject persons to the Guidelines published by the European Banking Authority (EBA), specifying the role and responsibilities of the anti-money laundering and counter funding of terrorism (AML/CFT) compliance officer, and of the management body of credit or financial institutions. These guidelines aim to ensure a […]