FIAU
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Financial crime: 7,218 suspicious reports filed to FIAU in 2021
In 2021, 7,218 suspicious reports were filed by subject persons (SPs), marking an increase of over 2,000 STRs over 2020, the FIAU revealed today. In its Annual Report tabled in…
EPP wants new EU AML Authority to have more power over its national counterparts
The EPP Group in the European Parliament wants the new European Anti-Money Laundering Authority to have more power over its national counterparts.…
Securing fair taxation through effective AML
When national emergencies strike, individuals and organisations turn to public systems for support. The Covid-19 pandemic presented the latest example of this…
Crime shouldn’t pay: Why fighting money laundering matters
Among the most pervasive threats to the international economy over the past century, money laundering – or the act by which criminals…
Malta FIAU processes 5,175 reports of suspicious transactions in 2020
During the year, a record number of 5,175 suspicious reports were filed by subject persons, and the Unit shared 4,535 intelligence reports…
Malta: Corporate services provider fined €261,000
Corporate services provider Credence has been fined €261,484 by the Financial Investigation Analysis Unit for breaches of various money laundering regulations. Credence…
Malta: Lombard Bank to contest ‘each and every’ FIAU finding which led to fine
Lombard Bank has insisted that a report which led the FIAU to fine it last month 'in no way suggests the existence…
Malta: FIAU Chairman appointed illegally, Bernard Grech says
Government broke the law when appointing new Financial Intelligence Analysis Unit Chairman Jesmon Gatt, the opposition has said. Addressing a press conference,…
Malta: Leaked Melvin Theuma recording shows middleman forewarned of FIAU investigation
Excerpts from the mobile phone recordings in which Melvin Theuma, the middleman in the Caruana Galizia assassination, discussed aspects of the murder…
Malta – FIAU made 12 requests for information to UAE in 2018 – The Malta Independent
The FIAU, in 2018, made 12 requests for information to the United Arab Emirates, the Malta Independent reports . According to the…