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AML/CTF compliance in Malta

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AML/CTF Supervisor in Malta

Financial Intelligence Analysis Unit (FIAU)

The Financial Intelligence Analysis Unit (FIAU) is Malta’s national central agency charged with collecting, collating, processing, analysing, and disseminating information in order to combat money laundering and terrorist financing.

The FIAU is a unit within the Ministry of Finance that has its own judicial personality and operates independently from its own offices with its own staff.

The responsibilities for the Unit’s governance are shared by the Board of Governors and the Director who is supported by permanent staff who work in seven different sections: Intelligence Analysis, Supervision and Enforcement, Legal Affairs, Corporate Services and People Performance and Culture, Police and Quality Assurance, Technology and Information Security, and Technology and Information Security.

How to comply with AML/CTF regulations in Malta

Designated services are required to develop and implement a compliance program

In order to comply with Malta regulations, the designated services compliance program must include the following, as minimum:

Malta AML/CTF reporting obligations

Method for designated services to communicate suspicions

How can
MemberCheck Help?

We provide our clients with a secure and simple solution for scanning for politically exposed or high-risk individuals, as well as checking names against sanction, regulatory, law enforcement, and other official lists.

Use our sophisticated scan filters and due diligence workflow to minimise, and reduce the amount of time you spend sorting through, false matches. Scan results and reporting sections allow you to access customer details, whenever and wherever required, as well as download reports, to customise for further investigation or to provide evidence of your AML program compliance, for auditing purposes.

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* This page is intended as general information only and should not be relied on as the sole source of information for your AML obligations and AML program. Please visit your local regulatory authority sites for the latest relevant and full information.

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