23rd March 2022 The Financial Intelligence Analysis Unit (FIAU) would like to bring to the attention of subject persons and other interested parties a recent publication of the Financial Action Task Force (FATF) focusing on the money laundering and funding of terrorism risks arising from migrant smuggling. This publication intends to raise awareness about the […]
18 March 2022 The Financial Intelligence Analysis Unit (FIAU) would like to inform interested parties that an information and training session is being held on Friday, 6 May. This session intends to provide insights into recent activities focusing on beneficial ownership and tax-related money laundering, as well as enhancing subject persons’ understanding of their obligations […]
11th March 2022 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 04 March 2022. A copy of these […]
10th March 2022 The Financial Intelligence Analysis Unit (FIAU) would like to inform subject persons, representative bodies and interested parties that the Financial Action Task Force (FATF) has published a draft of its Risk-Based Guidance to the Real Estate Sector for public consultation. This updated publication intends to provide guidance and support to private sector practitioners, supervisors, […]
3rd March 2022 The current situation in Ukraine has once more brought to the fore the importance of ensuring that all subject persons adhere to their obligations arising from the National Interest (Enabling Powers) Act and from the Prevention of Money Laundering and Funding of Terrorism Regulations, as complemented and expanded upon by the Implementing […]
2nd March 2022 The Financial Intelligence Analysis Unit (FIAU) would like to bring to your attention the latest Delegated Act of the European Union’s (EU) Commission on High Risk Third Countries, which was adopted by virtue of Delegated Regulation (EU) 2022/229 of 7 January 2022 and published in the EU’s Official Journal of 21 February […]
1st February 2022 REQ 2022 Submission The 2022 Risk Evaluation Questionnaire (“REQ”) will be available on the Compliance and Supervision Platform for Assessing Risk (CASPAR) portal for completion by subject persons as from 1st March 2022. Notwithstanding this, a copy of the revised 2022 REQ per sector is available below. This will allow subject persons […]
20th Jan 2022 The FIAU would like to inform CBAR Reporting Entities that on Wednesday 26th January 2022 there will be scheduled down time between 07:30 and 13:00. During this maintenance window, MoveIT (moveit.staging-fiaumalta.kinsta.cloud) and CBAR Portal (cbar.staging-fiaumalta.kinsta.cloud) will be inaccessible. All operations around the platform, including file submission, validation report generation and user registration will resume immediately after the […]
07th January 2022 On the 30th November, the Financial Intelligence Analysis Unit (FIAU), in conjunction with the Malta Business Registry (MBR), organised a training session on money laundering (ML) typologies, red flags and case studies which are indicative of beneficial ownership concealment. The session was intended to increase subject persons’ understanding of beneficial ownership requirements, enhance their ability […]