THE COUNCIL OF EUROPE HAS CONFIRMED THAT MALTA HAS PASSED THE MONEYVAL ASSESSMENT

On 27 May, the Malta Independent reported that the Council of Europe has confirmed that Malta has passed the Moneyval assessment, with the country no longer having any “non-compliant” or “partially compliant” ratings.  However, Malta will remain in enhanced follow-up and will report back to MONEYVAL on further progress to strengthen its implementation of AML/CFT measures in 2 years.

https://www.independent.com.mt/articles/2021-05-27/local-news/Confirmed-Malta-passes-Moneyval-test-with-no-non-compliant-ratings-6736233820

https://www.coe.int/en/web/moneyval/-/malta-improvement-in-fighting-money-laundering-and-terrorist-financing

https://rm.coe.int/moneyval-2021-7-fur-malta/1680a29c70

https://lovinmalta.com/news/malta-moneyval-passes-official

 

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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