Share on LinkedInShare on LinkedIn

ARTICLE · 04 JUNE 2025

MFSA Feedback On Digitalisation In Banking: Focus On Customer Experience And Operational Readiness

BDO Malta
Explore more from BDO Malta

The Malta Financial Services Authority (MFSA) has published feedback following a thematic review examining how credit institutions are adopting digital solutions across their service delivery.

MaltaFinance and Banking
Ruban Thangaraja
Ruban Thangaraja
Author LinkedIn connections

Money laundering and terrorist financing is one of the biggest challenges' businesses are facing today.

Ensuring their entity is not used for criminal activity, and mitigating other risks are a key focus, particularly for regulators. As a business owner, you need to confirm your precautions are robust and meet local and regional AML/CFT requirements.

What is money laundering?

Money laundering is the process whereby the proceeds of illegal activity are changed into seemingly legitimate funds. Sums of money are passed through various structures such as company structures, businesses, banks, and various other means, to obscure its origin. The money that comes out the other end is considered clean, and its black origins have been completely concealed. The money being cleaned often comes from organized crime such as drug trafficking, human trafficking, and corruption. The money is then used to buy luxury properties, pay bribes, or even to fund terrorism.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Publication Of Commission Delegated Regulation Implementing Key Prospectus Reforms Under The EU Listing Act

The European Commission has published new delegated regulations amending the EU prospectus disclosure regime, introducing streamlined content requirements and standardized formats for various categories of prospectuses. These reforms, part of the broader EU Listing Act package, aim to reduce regulatory burdens for issuers while maintaining investor protection, with key changes including reduced historical financial information requirements and simplified disclosure obligations.
European UnionFinance and Banking
Ganado Advocates
Ganado Advocates
Article

CRD VI And Cross-Border Lending: What Third-Country Credit Institutions Need To Know

The European Union's Sixth Capital Requirements Directive introduces a groundbreaking EU-wide framework requiring third-country credit institutions to establish authorised branches when providing core banking services within the EU. This new regime, effective January 2027, replaces the previous patchwork of national rules with harmonised supervisory standards, though several exemptions and transitional protections apply to existing arrangements.
MaltaFinance and Banking
Camilleri Preziosi
Camilleri Preziosi
Article

MFSA Revises Regulatory Framework For CFD And Rolling Spot Forex Providers

The Malta Financial Services Authority has introduced significant amendments to its Investment Services Rules affecting firms offering contracts for difference and rolling spot forex contracts. These changes streamline authorisation requirements, align capital thresholds with EU frameworks, and recalibrate governance expectations while removing certain prescriptive obligations that have been superseded by broader European legislation.
MaltaFinance and Banking
Mamo TCV Advocates
Mamo TCV Advocates