Malta: FIAU to be given investigative powers in government bid to prevent grey listing

Edward Scicluna has insisted government is not resigned to the prospect of Malta being grey-listed by Moneyval and is doing its utmost to prevent this from happening.

The decision to give more powers to the FIAU is a change in strategy from government’s initial idea of creating a specific financial crime task force to combat money laundering.

Source: MaltaToday

Updated 17:10

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