Malta becomes 31st country to adhere to highest IMF standards on data transparency
Only 5% of IMF members don't adhere to any data standards set out by the institution
Government requests private sector feedback on centralised due diligence solution
The Central Data Repository will facilitate the know-your-client procedure for anyone doing business in Malta
‘In the digital age, trust is very important’: Data Protection Commissioner makes rare public appearance
'Having a clean sheet, having never been subject to a data breach should be considered a major selling point'
‘Failure is not the opposite of success, but a stepping stone to it’, says FIAU director of Malta greylisting
In 2021 the unit handed out 139 fines totalling close to €12 million
‘Money laundering and compliance officers need investigative skills to complement qualifications’
Malta Financial Services Authority CO Christopher Buttigieg addressed a seminar on Tuesday
Malta holds its breath as FATF conducts site visit to assess progress in addressing shortcomings
The Government has been doing its utmost to address the shortcoming flagged by the international body
MFSA penalises three local business heavyweights for administrative breaches
Charles Borg, Alfred Pisani and Winston V. Zahra have been fined for failing to uphold their obligations
MFSA revokes licence of financial services firm at centre of Venezuela sanctions-busting investigation
Portmann Capital Management is alleged to have laundered over half a billion embezzled from the Venezuelan state oil company
Compliance: from challenge to business enabler
United explains how it supports companies pursuing goals in an increasingly demanding compliance landscape
‘From anything goes to overkill’ – Corporate service providers struggle to cope with increased compliance
Authorities insist a change in culture was needed
‘You are the gatekeeper to your career and reputation,’ compliance association tells industry professionals
Professionals should scrutinise prospective employers before accepting work
FIAU publishes list of red flags on tax-related money laundering
Fact sheet is intended to help identify suspicious activity
Increasing costs of compliance could mean lower dividends for shareholders of banks
...but compliance should be seen as beneficial in the long-term
Business inspections cut by 82% following Government reform
Businesses with high standard of compliance will receive award
Pilatus Bank, director arraigned as parent company files dispute against ‘corrupt Government officials’
The bank's former MLRO Claude-Ann Sant Fournier has been charged with money laundering offences
Malta becomes 31st country to adhere to highest IMF standards on data transparency
Only 5% of IMF members don't adhere to any data standards set out by the institution
Government requests private sector feedback on centralised due diligence solution
The Central Data Repository will facilitate the know-your-client procedure for anyone doing business in Malta
‘In the digital age, trust is very important’: Data Protection Commissioner makes rare public appearance
'Having a clean sheet, having never been subject to a data breach should be considered a major selling point'
‘Failure is not the opposite of success, but a stepping stone to it’, says FIAU director of Malta greylisting
In 2021 the unit handed out 139 fines totalling close to €12 million
‘Money laundering and compliance officers need investigative skills to complement qualifications’
Malta Financial Services Authority CO Christopher Buttigieg addressed a seminar on Tuesday
Malta holds its breath as FATF conducts site visit to assess progress in addressing shortcomings
The Government has been doing its utmost to address the shortcoming flagged by the international body
MFSA penalises three local business heavyweights for administrative breaches
Charles Borg, Alfred Pisani and Winston V. Zahra have been fined for failing to uphold their obligations
MFSA revokes licence of financial services firm at centre of Venezuela sanctions-busting investigation
Portmann Capital Management is alleged to have laundered over half a billion embezzled from the Venezuelan state oil company
Compliance: from challenge to business enabler
United explains how it supports companies pursuing goals in an increasingly demanding compliance landscape
‘From anything goes to overkill’ – Corporate service providers struggle to cope with increased compliance
Authorities insist a change in culture was needed
‘You are the gatekeeper to your career and reputation,’ compliance association tells industry professionals
Professionals should scrutinise prospective employers before accepting work
FIAU publishes list of red flags on tax-related money laundering
Fact sheet is intended to help identify suspicious activity
Increasing costs of compliance could mean lower dividends for shareholders of banks
...but compliance should be seen as beneficial in the long-term
Business inspections cut by 82% following Government reform
Businesses with high standard of compliance will receive award
Pilatus Bank, director arraigned as parent company files dispute against ‘corrupt Government officials’
The bank's former MLRO Claude-Ann Sant Fournier has been charged with money laundering offences