MFSA issues document on AML and CFT strategy

On 4th February, the Malta Financial Services Authority issued a document outlining its strategic approach towards AML and CFT supervision, including its implementation of a National AML/CFT Strategy, from a firm’s introduction into the sector (authorisation) through to its operation (supervision), using robust enforcement methods. The document explains how anti-money laundering and combating terrorist financing fits […]

Written By ACT Team

On February 6, 2019
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On 4th February, the Malta Financial Services Authority issued a document outlining its strategic approach towards AML and CFT supervision, including its implementation of a National AML/CFT Strategy, from a firm’s introduction into the sector (authorisation) through to its operation (supervision), using robust enforcement methods. The document explains how anti-money laundering and combating terrorist financing fits into the MFSA’s conduct and prudential supervisory framework and sets out principles that regulated firms are expected to observe. 

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