The Financial Action Task Force has added Malta to its Increased Monitoring List for failing to implement adequate AML & CTF controls.
The Financial Action Task Force (FATF), working with MONEYVAL to strengthen the effectiveness ofAML/CTF controls, reviewed the progress made by Malta with regards to its recommendations and, while noting the enhancements made, added Malta to the increased monitoring list in June 2021.
Malta will work with the FATF to implement its action plan by:
Read the full document “Financial Action Task Force (FATF)” on fatf-gafi.org
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