On 21 April 2026, the Financial Intelligence Analysis Unit (FIAU) hosted a half-day training session aimed at explaining the recent legislative amendments introduced through Legal Notice 82 and Legal Notice 83 of 2026, which amended the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR) and the Centralised Bank Account Register (CBAR) Regulations respectively. These amendments introduced a number of significant changes, including provisions relating to settlement agreements in respect of administrative penalties and transitional measures applicable to pending appeal proceedings.
The sessions provided an overview of the key elements of the Enforcement Guide, including the enforcement process and lifecycle, administrative measures, the sanctions calculation tool and settlement procedures. Dedicated question-and-answer segments were also included to address participants’ queries.
The FAQ document is intended to complement the information delivered during the sessions and to further assist subject persons and interested parties in understanding the relevant legislative and enforcement changes.
The FAQ document is available here.