Implementing Procedures News Today

The case Insignia Cards Limited (the

The Financial Intelligence Analysis Unit (FIAU) is Malta’s financial intelligence unit and the anti-money laundering and counter-funding of terrorism (AML

Allowing money laundering to flourish effectively means supporting terrorism, drugs and violence in our neighbourhoods.

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.

On Monday 18 October 2021 the FIAU published a revised version of the Implementing Procedures (IPs) Part 1 to ‘transpose' the proposals that the FIAU had issued for a consultation back in March 2021...

On the 18th October 2021, the FIAU issued the revised version of the Implementing Procedures Part I, which finalizes the consultation document released back in March 2021.

In today’s world of tightening regulations and an evolving risk landscape, companies are facing increased pressure to comply with Anti Money Laundering (AML) regulations in order to avoid hefty fines, reputational risk and disruptions to their operations. Consequently, now more than ever, companies require assurance that their AML control framework is strong and tight enough to prevent and to detect instances where their business can be  used to clean money or to finance terrorism. Internal ...