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ARTICLE · 05 FEBRUARY 2024

Publication Of Malta's 2023 National Risk Assessment

Finance Malta
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Malta's National Coordinating Committee on combating money laundering and funding of terrorism ("NCC") has published a revised version of Malta's National Risk Assessment ("NRA").

MaltaGovernment, Public Sector
Jonathan Camilleri (Ganado Advocates)
Jonathan Camilleri (Ganado Advocates)
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Malta's National Coordinating Committee on combating money laundering and funding of terrorism ("NCC") has published a revised version of Malta's National Risk Assessment ("NRA"). The NRA is prepared by the NCC in close cooperation with all government authorities involved in the combatting of financial crime, and other representative bodies from the private sector.

Scope

The NRA is a thorough assessment of Malta's exposure to threats and vulnerabilities relating to money laundering ("ML") and financing of terrorism ("FT"). As for the first time, the 2023 NRA takes also into consideration risks relating to financing of proliferation ("FP") and targeted financial sanctions ("TFS").

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