Tuesday, October 27, 2020

Malta fails its first Moneyval anti-money laundering test

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Draft report gives country mediocre ratings, with several ‘lows’ and not a single ‘high’. Malta’s regime failed to pass muster, despite significant investment in bolstering capacity. Malta’s anti-money laundering regime received a poor grade in a draft Moneyval evaluation, with the government now scrambling to push up its final score before the summer deadline.

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