Robert Abela - fb

Prime Minister Robert Abela and Finance Minister Clyde Caruana will be jointly addressing a press conference on Wednesday (today) evening following unconfirmed reports that the Financial Action Task Force (FATF) has voted to grey list Malta.

The so-called FATF grey list groups together countries around the world deemed to be untrustworthy in the fight against money laundering and the financing of terrorism.

Speaking to BusinessNow.mt, sources within both Government and the Opposition said the vote took place shortly after 2.30pm and that the plenary session voted to place Malta on the grey list.  

No official announcement by the FATF is expected today, with the organisation holding a press briefing on Friday afternoon where it is expected that it will communicate the outcome of decisions taken throughout a full week of plenary sessions.

More than 1,500 Maltese companies post profits over €1 million

February 22, 2024
by Robert Fenech

The total number of firms that registered over €100,000 in profit in 2022 amounted to 5,044

First phase of Ħal Far race track receives Planning Authority approval

February 22, 2024
by Anthea Cachia

Works are expected to start in the coming weeks

Would you live here? Tiny studio apartment in Gozo sparks debate

February 22, 2024
by Anthea Cachia

‘If I had no money, I would be happy with a dry place and necessary equipment for an affordable price’