Acting Police Commissioner Carmelo Magri said he is confident that the investment being made in the police financial crimes unit will help the country reach its anti-money laundering targets and avoid being placed on the ‘grey list.’ Magri said in an interview with The Malta Independent...
Writing for II, Kenneth Farrugia explains how Malta is rising to the challenge of tackling money laundering. The fight against money laundering and the financing of terrorism are crucial issues for the integrity and stability of the global financial ecosystem. Nowhere is this more pronounced than Europe, where...
But the US has its own 'wish list' for Malta Malta has requested the help of the US to avoid the possibility of being put on a list of countries that are not doing enough to fight money launderers. Sources said talks with the US government were...
In a report published today, the Council of Europe’s anti-money laundering body MONEYVAL calls on the Maltese authorities to strengthen their practical application of their measures to combat money laundering and financing of terrorism. The report makes a comprehensive assessment of the effectiveness of Malta's anti...
Minister for Finance Edward Scicluna, Minister for Home Affairs and National Security Michael Farrugia, Minister for Justice, Culture and Local Government Owen Bonnici together with Parliamentary Secretary for Financial Services, Digital Economy and Innovation Silvio Schembri, welcome the recent MONEYVAL mutual evaluation report that followed...
The IFSP notes recent press reports that suggest that Malta appears to have failed to reach a satisfactory level in its assessment by MONEYVAL in the Mutual Evaluation Report following the assessment of Malta’s anti-money laundering and combating the financing of terrorism system as at...