31^st December 2021

The FIAU published a factsheet with key information extracted from the results of a strategic analysis carried out related to the misuse of companies in which the involvement of at least one Maltese entity was observed, with a focus on beneficial ownership concealment.

The document aims to provide subject persons with ML/FT indicators (or red flags), based on intelligence processed by the FIAU, which may be of assistance in detecting instances where there are attempts to conceal the actual beneficial owner/s (BO/s) of locally registered companies and which may potentially have to be reported to the FIAU due to their giving rise to suspicion of ML/FT.