Malta: FIAU Publishes Guidance for Completion of AML/CTF Risk Evaluation Questionnaire

On January 4, 2019, the Financial Intelligence Analysis Unit (FIAU) released a circular providing guidance for completion of the anti-money laundering and countering the financing of terrorism (AML/CTF) risk evaluation questionnaire (REQ).

By means of this questionnaire, the FIAU is aiming to gain a more comprehensive understanding of the inherent risks faced by all persons and entities falling within the scope of the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR), to help it better develop its risk-based approach, pursuant to the FATF Recommendations, and strengthen its supervision.

Request a Free Trial

As a trusted source of regulatory intelligence for the global payments industry, we enable organisations to manage the growing volume and velocity of regulatory risk with confidence, empowering more informed and effective decision making, in an efficient and cost-effective way.

Take a Trial