Legal & Corporate

The European Council has issued the following press release: On May 14 2018, the Council adopted a directive strengthening EU rules to prevent money laundering and terrorist financing. The directive sets out to close down criminal finance without hindering the normal functioning of payment systems. Amending directive 2015/849, it is part of an action plan launched after a spate […]

The Financial Intelligence Analysis Unit (FIAU) has published on the 6 July 2017, a reviewed version of the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR) for consultation. The purpose of the PMLFTR revised version is to implement into Maltese law, various provisions of EU Directive 2015/849 of the European Parliament and of […]