Proposal for national spokesperson on Moneyval matters
The consequences of being grey-listed by Moneyval “could be as devastating as the Covid crisis,” according to the president of the Malta Employers’ Association.
Our fiscal policy and financial service offering will not be anymore in our hands, but at the mercy of others. - Abigail Mamo Malta SME Chamber
The Malta Chamber of Commerce has warned that if Malta fails the upcoming Council of Europe's Evaluation of Anti-Money laundering measures, MONEYVAL, the country would be grey-listed. It warned that this would heavily impact the viability of the Maltese financial sector, trading, tourism and general services including correspondent banks.
Two major banking organisations, the Malta Bankers Association and the ARQ group will be organising a conference on money laundering
Several professionals have approached the Forum Professjonista Partit Nazzjonalista (FPPN). They are concerned over the consultation document launched by the Malta Financial Services Authority...
The European Central Bank’s top supervisor called on Maltese authorities on Wednesday to monitor banks more stringently, the latest appeal to authorities...
In an Op-Ed on EU Observer, two fraud specialists say that Malta is dicing with her reputation and sailing very close to the wind on issues of financial credibility and money laundering. Recalling the murder of investigative journalist Daphne Caruana Galizia, they say that by failing to 'folow the money' in the investigation, the police are rendering Malta a target for more crooks to seek a money laundering haven.
"Malta risks blacklisting, if the recommendations made by Moneyval are not taken up," Partit Nazzjonalista leader Adrian Delia said on Saturday morning. He said...
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