Malta: Dedicated FIAU team to enforce €10,000 cash limit rule

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A dedicated team within Malta’s anti-money laundering unit, the FIAU, is being set up to enforce a recently imposed €10,000 limit for cash transactions on high-value goods. 

This limit, introduced in March, applies to immovable property, antiques, jewellery, vehicles and works of art. 

Source: Times of Malta

Updated 1745