26th October 2025
The FIAU has today issued a Guidance Note addressed to company service providers (‘CSPs’) subject to registration, corresponding to limited CSPs, which sets out how it considers that AML/CFT obligations can be applied by any such CSP in a more proportionate manner in line with the nature and size of the activities carried out by the same. This Guidance Note is accessible through the FIAU’s website under CSPs-Trustees.
Limited CSPs are reminded that they are not required to register on CASPAR. The Malta Financial Services Authority (‘MFSA’) and the FIAU have put in place a process whereby the MFSA will be transmitting to the FIAU the details of anyone who registers as a limited CSP or otherwise de-registers from the said category. This will allow the FIAU to still have visibility of all CSPs that fall to be considered as subject persons. Any CSP who de-registers from a limited CSP and obtains a full authorisation in terms of the Company Service Providers Act would then need to register on CASPAR.