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On 7th May 2020, the Financial Intelligence Analysis Unit (the "FIAU") issued a guidance note, titled ‘COVID-19: Remaining Vigilant against a Changing Criminal Landscape', which is published on its website...

The Insurance and Pensions Team within Ganado Advocates will be presenting a number of webinars throughout the course of the coming months.

On the 18th October 2021, the FIAU published a revised version of the Implementing Procedure Part I, which formally introduced the changes that were proposed in the Consultation Document issued in March 2021.

The training sessions will be split into 6 sessions based on the type of sector that the subject person operates in.

An MLRO, or Money Laundering Reporting Officer, is an indispensable figure in the corporate structure, assuming a pivotal role, particularly within sectors vulnerable to the pervasive...

With money launderers continually searching for better ways of infiltrating the financial system, it has become extremely difficult, if not impossible, to trace the ‘money trail’.

The capital markets are one of the most powerful instruments in promoting economic growth and wealth creation as they facilitate the movement of vast amounts of capital from different geographical regions with relative ease.

In recent years, the realm of Financial Crime Compliance ("FCC") has evolved significantly, creating a more robust framework aimed at safeguarding the integrity...

Issue No. 20 of the Banking & Fintech newsletter is now available.

We live, today, within a global economy – one which allows for the easy and immediate transfer of funds from one financial institution to another.

In May 2021, the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Funding of Terrorism (MONEYVAL) published its enhanced follow-up report on Malta.

An MLRO, or Money Laundering Reporting Officer, is an indispensable figure in the corporate structure, assuming a pivotal role, particularly within sectors vulnerable to the pervasive threats...

Malta's transposition of the Fourth EU Anti-Money Laundering Directive will make the fight against money laundering and terrorism financing more effective...

In June 2024, the European Union (EU) launched a new decentralised authority named as the Anti-Money Laundering and Countering the Financing of Terrorism Authority (AMLA).

The function of the MLRO is one of the main and most important AML CFT controls subject persons are required to implement.

Virtual IBANs ("vIBANs") are increasingly being used as payment account identifiers across the EU to redirect payments, yet the definition and the appropriate regulatory treatment thereof remains ambiguous.

Money laundering is a reality. It has become today one of the chief concerns of all governments - and so it should be!