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ARTICLE · 06 JULY 2022

FATF Delists Malta After Recognising ‘Significant Progress'

The Sovereign Group
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Malta was officially removed from the Financial Action Task Force's (FATF) ‘grey list' of countries subject to increased monitoring

MaltaGovernment, Public Sector
The Sovereign Group
The Sovereign Group
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Malta was officially removed from the Financial Action Task Force's (FATF) 'grey list' of countries subject to increased monitoring in respect of strategic deficiencies in their anti-money laundering and combatting the financing of terrorism (AML/CFT) regimes on 17 June.

Malta was on the grey list for only one year. When it was first listed in June 2021, the government made a high-level political commitment to work with the FATF and MONEYVAL – the Council of Europe's permanent monitoring mechanism – to strengthen the effectiveness of its AML/CFT regimes. The decision to delist was taken via a vote at the FATF's plenary meeting in Germany and followed an on-site visit to Malta by the FATF in April.

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