289 results found

On the 9th of April 2021, Act XV of 2021 came into force with the aim to amend The Prevention of Money Laundering Act being Chapter 373 of the Laws of Malta.

The EU's Fourth Anti-Money Laundering Directive (AMLD) will be one of the key topics to be discussed at this year's Finance Malta conference...

Like the majority of EU countries, Malta missed the previously set 26th June deadline to implement the 4th Anti Money Laundering Directive (EU) No. 2015/849 (the "Directive").

The European Union has taken a major step towards strengthening its rules on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT).

EU regulations governing anti-money laundering (AML) compliance continue to evolve, most recently with the EU's Fourth AML Directive coming into force in June 2017.

The MFSA issued a Notice to Financial Services Licence Holders informing them on the FATF identifying jurisdictions with strategic deficiencies.

The Financial Intelligence Analysis Unit in Malta (the "FIAU"), via its supervisory section, monitors anti-money laundering and combatting the financing of terrorism ("AML/CFT") compliance...

On the 28th October 2021, FATF, an inter-governmental body that sets international standards with an aim to prevent global money laundering and terrorist financing, released updated guidance related to VA and VASPs.

The Travel Rule, originating from FATF Recommendation 16, has evolved from traditional wire transfers to encompass virtual asset service providers, with the EU's Transfer of Funds Regulation now in full effect. As compliance costs mount and payment infrastructures multiply, critical questions emerge about the financial burden on licensed institutions, data protection risks, and whether these regulations effectively combat money laundering and terrorist financing.

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").

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").

WH Partners has strengthened its anti-money laundering and countering the funding of terrorism (AML/CFT) practice by bringing on board Rakele Cini

The Financial Intelligence Analysis Unit (FIAU) has issued updated Implementing Procedures Part I, introducing significant changes to beneficial ownership identification requirements and employee screening obligations. These amendments affect how subject persons must conduct due diligence on beneficial owners of trusts and legal arrangements, while also modifying the documentation requirements for employee vetting processes.

Malta has introduced significant amendments to its beneficial ownership regime through the Companies Act (Register of Beneficial Owners) (Amendment) Regulations, 2026, establishing a three-tier access system and new reporting requirements. Companies must now assess whether they fall within the scope of the updated regime and comply with the new Form BO4 filing obligations by January 2027, or face substantial penalties.

Barely a year following the implementation of the 4th Anti-Money Laundering Directive, the European Parliament has adopted a new directive which aims to add further layers...

On 30th April 2021 a legal notice (L.N. 199 of 2021) (the "Legal Notice") introduced a number of amendments to the ‘Prevention of Money Laundering and Funding of Terrorism Regulations' (the "PMLFTR")...

On the 15th September 2020, the FIAU issued a revised version of Part I of the Implementing Procedures. The amendments primarily concern one of the main issues highlighted in Malta's Mutual Evaluation