Moneyval

200,000 persons fully vaccinated / Malta News Briefing – Friday 28 May 2021

Latest Update- News Portal Briefing Times of Malta reports that the move of a tank cleaning facility from Kalkara to Marsa must go ahead as soon as possible to facilitate…

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Malta: Country passes MoneyVal test after raft of reforms

Malta’s anti-money laundering regime has formally passed a review by Moneyval. The Council of Europe’s anti-money laundering expert committee, known as Moneyval, voted during a plenary in Strasbourg on Thursday…

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Police seek arrest of Italian middleman in Vatican property deal

ROME (Reuters) - Italian magistrates have issued an arrest warrant for Gianluigi Torzi, a financial broker caught up in a scandal involving the Vatican's purchase of a building in an upscale…

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Pope calls for clean finance in Moneyval meeting

Pope Francis insisted on the need for clean finance which serves humanity, especially the weakest memebrs of society. While addressing evaluators of the Moneyval Programme, the Head of the Catholic…

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Malta: Moneyval recommendations will not affect honest business, PM pledges

Prime Minister Robert Abela pledged that the operation of honest and legitimate businesses would not be affected through the implementation of measures suggested by the Council of Europe’s anti-money laundering…

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Malta: Americans put the heat on ministers with Moneyval test

Cabinet ministers have confided about growing pressure from the American government over Malta’s fight against money laundering, in a bid to extract security concessions from the island-nation. In a confirmation…

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Succeeding the Moneyval test is a shared responsibility – Malta Chamber

The Malta Chamber called for a clear communication strategy to report on unambiguous progress achieved in updating Malta’s regulatory infrastructure relating to anti-money laundering, as the country prepares to face…

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Malta needs to provide evidence that it is addressing its shortcomings – HSBC CEO – The Headlines – MaltaToday

Maltatoday’s midweek edition quotes HSBC Malta’s CEO Andrew Beane, who yesterday insisted that it was crucial that Malta to start providing evidence and clear outcomes in its efforts to address…

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Gibraltar urged to invest more effort in fight against money laundering and financing of terrorism

In a report just published, the Council of Europe’s anti-money laundering body MONEYVAL calls on the authorities of the British Overseas Territory of Gibraltar to better use the tools and…

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Cyprus warned money laundering risk in the real estate sector has “increased exponentially” under the Investment Program

Cyprus needs to step up its fight against the laundering of illicit cash generated outside the east Mediterranean island nation, a leading European financial watchdog said Wednesday. Moneyval, which is…

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Malta is expected to get ‘poor’ rating for its anti-money laundering regime – Sunday Times

The Sunday Times reports that international experts are expected to deliver a poor assessment of Malta's anti-money laundering regime. The newspaper says it is informed that Moneyval is likely to give…

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