A number of obligations under the Maltese Prevention of
Money Laundering and Funding of Terrorism Regulations require
subject persons to assess whether the jurisdictions they are
dealing with are nonreputable jurisdictions. A non-reputable
jurisdiction is one that has deficiencies in its national
anti-money laundering and terrorist financing regime or has
inappropriate and ineffective measures for the prevention of money
laundering and terrorist financing. In assessing these elements,
subject persons are to take into account any accreditation,
declaration, public statement or report issued by an international
organisation as well as whether the jurisdiction has been included
by the European Commission in the list that it may publish in terms
of Article 9 of the 4th AML Directive.
