IFSP Position: Consider the progress achieved!
Malta has made substantial progress over the past years to address concerns about the effectiveness of its anti-money laundering regime, as demonstrated by the MONEYVAL follow-up report issued on 27 May 2021. Malta has now been found to be either largely compliant or fully compliant with all 40 of the FATF recommendations.
The IFSP and its members expect that the demonstrable improvements made by the country will form the basis for any decisions taken by the Financial Action Task Force (FATF) as it deliberates whether to place Malta under increased monitoring (that is, on the grey list) or not.
22nd June 2021