March 22, 2021

Malta Financial Services Oversight newsletter – February 2021

22/03/2021 The Malta Financial Services Oversight newsletter is issued on a monthly basis on behalf of the Government. It contains updates and overviews of the current financial scenarios and contributions by Malta’s various regulators in relation to this industry including the FIAU. Follow this link to visit the Ministry Of Finance Website

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March 10, 2021

Proposed Amendments to the Implementing Procedures – Part I

10th March 2021 The Financial Intelligence Analysis Unit (“FIAU”) is today issuing a Consultation Document setting out proposals for a number of changes to the Implementing Procedures – Part I.  Some of these changes have already been the subject of informal consultation exercises and the FIAU is considering the feedback received so far to assess […]

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March 5, 2021

FATF Public Statements – 25 February 2021

5th March 2021 The FIAU would like to bring to your attention the latest FATF ‘High-Risk Jurisdictions subject to a Call for Action‘ (previously known as ‘Public Statement’) and ‘Jurisdictions under Increased Monitoring‘ (previously known as ‘Improving global AML/CFT compliance: on-going process’) documents issued by the FATF on 25 February 2021. A copy of these […]

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March 1, 2021

Risk Evaluation Questionnaire (REQs)

01st March 2021 The FIAU would like to inform subject persons that the 2021 REQs are now available on the Compliance and Supervision Platform for Assessing Risk (CASPAR) System for completion by subject persons. Subject Persons are hereby reminded that REQs can only be submitted through the CASPAR System. Moreover, the FIAU has issued sector […]

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March 1, 2021

AML/CFT Training Material

01st March 2021 The FIAU has created a bundle of documents containing training material relevant to different sectors of subject persons. These documents include guidance documents issued by the FIAU and FATF, as well as webinars delivered by the FIAU. The sectors for whom these training material factsheets were issued include lawyers, notaries, CSPs, real […]

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February 9, 2021

2021 Risk Evaluation Questionnaires

9th February 2021 REQ 2021 Submission The 2021 Risk Evaluation Questionnaires (“REQs”) will be available on the Compliance and Supervision Platform for Assessing Risk (CASPAR) System for completion by subject persons as from 1st March 2021. Notwithstanding this, a copy of the revised 2021 REQs per sector is available by clicking on the button below. […]

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February 3, 2021

Communication on Reporting: Monitoring Quality, Deletion of Draft Reports after 14 days, and Automatic Rejection Rules

3rd February 2021 Collecting Information on Quality of suspicious reports submitted The FIAU started collecting information about the main reasons for rejection of suspicious reports submitted by reporting entities from 1 January 2021, in order to assess the quality of reporting. This will assist the Unit in analysing the main reasons for the report rejection, […]

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February 1, 2021

Guidance Document on Reporting through goAML

29th January 2021 The Financial Intelligence Analysis Unit (FIAU) is issuing the following communication to subject persons to clarify and assist with the reporting through the goAML platform, covering the following: Reporting transactions connected through Iran through goAML; The difference in report types; Submitting reports via goAML in line with Regulation 15(4) of the Prevention […]

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January 28, 2021

Notice – CBAR System – Downtime

28th January 2021 The FIAU would like to inform CBAR Reporting Entities that on Wednesday 3rd February 2021 between 07:00 AM and 01:00 PM there will be a scheduled down time. During this maintenance window, MoveIT (moveit.fiaumalta.org) and CBAR Portal (cbar.fiaumalta.org) will be inaccessible. All operations around the platform, including file submission, validation report generation […]

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