Financial Intelligence Analysis Unit (FIAU) Malta

The Financial Intelligence Analysis Unit (FIAU) Malta announced a collaboration between the Egmont Group of Financial Intelligence Units and TATWG to host an international training symposium on 𝗩𝗔𝗦𝗣𝘀 𝗥𝗶𝘀𝗸-𝗕𝗮𝘀𝗲𝗱 𝗦𝘂𝗽𝗲𝗿𝘃𝗶𝘀𝗶𝗼𝗻. This event will take place in #Malta between the 8-10 April 2025. 💭 Who Should Attend? The symposium is tailored for Financial Intelligence Units (FIUs) and other National Competent Authorities, offering a comprehensive program that includes expert presentations, panel discussions, and focused breakout sessions. The agenda is designed to provide valuable insights into risk-based supervision in the VASP sector, regardless of whether an FIU holds direct supervisory responsibilities for VASPs. Key Details: 📅 Event Dates: 8-10 April 2025 📝 Registration Opens: January 2025 📒 Agenda: A high-level agenda is available on the Egmont Portal. #FIUs #VASPs

💭𝗥𝗲𝗺𝗶𝗻𝗱𝗲𝗿: 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝘀 𝗥𝗘𝗤 𝗦𝘂𝗯𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 𝗡𝗼𝘄 𝗢𝗽𝗲𝗻. The FIAU would like to inform financial institutions that the submission process of the REQ is now open. A copy of the REQ was emailed yesterday by the Malta Financial Services Authority (MFSA). It is to be submitted via the MFSA’s single platform on their website. 🗓 Deadline: 31st January 2025 📋 CASPAR: Continue to submit the Business Risk Assessment (BRA) through the Subject Person Profile on CASPAR as soon as any changes are made. 💳 Payment: Payment instructions will be communicated through an official notification when due. ❓Queries: Via MFSA contact us on LH portal under either REQ #REQ #FIs

🖥️ 𝗧𝗵𝗲 𝗙𝗜𝗔𝗨 𝘄𝗼𝘂𝗹𝗱 𝗹𝗶𝗸𝗲 𝘁𝗼 𝗿𝗲𝗺𝗶𝗻𝗱 𝗮𝗹𝗹 𝘀𝘂𝗯𝗷𝗲𝗰𝘁 𝗽𝗲𝗿𝘀𝗼𝗻𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗶𝗺𝗺𝗶𝗻𝗲𝗻𝘁 𝘂𝗽𝗱𝗮𝘁𝗲𝘀 𝘁𝗼 𝘁𝗵𝗲 𝗴𝗼𝗔𝗠𝗟 𝘀𝘆𝘀𝘁𝗲𝗺. 🔗 For more information, visit the link below: https://lnkd.in/eeK5zgUW 𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗡𝗼𝘁𝗲: 𝗗𝗼𝘄𝗻𝘁𝗶𝗺𝗲 To implement the necessary changes subject persons are advised that the goAML web portal will be unavailable from Thursday 26th December 5pm to Monday 30th December at 7am. In case of any queries, do not hesitate to contact us via our Contact Page on the website, selecting ’goAML Support’ from the drop-down menu.

📢 𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗨𝗽𝗱𝗮𝘁𝗲: 𝗥𝗶𝘀𝗸 𝗘𝘃𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝗻𝗮𝗶𝗿𝗲 (𝗥𝗘𝗤) 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗳𝗼𝗿 𝗥𝗲𝘃𝗶𝗲𝘄. The Financial Intelligence Analysis Unit (FIAU) Malta would like to inform subject persons that a copy of the REQ is now available on-line for preview. Traditionally shared in January, this year the PDF version is now available. 𝗜𝗠𝗣. This notification does not apply to the Financial Institutions who are uploading on the LH portal of the Malta Financial Services Authority (MFSA). 𝗡.𝗕. The Excel version will be provided in February, with the submission deadline in April. Exact dates will be communicated closer to date. It is important to keep the ‘Subject Person Profile’ on CASPAR updated throughout the year and to submit a copy of the Business Risk Assessment on CASPAR once the annual review is completed. Keep an eye open for more updates! #REQ #RegulatoryUpdate

EBA Proposes Criteria to Appoint a Central Contact Point for CASPs to Strengthen the Fight Against ML/FT in Host Member States. The FIAU would like to inform subject persons that the European Banking Authority (EBA) has initiated a public consultation on draft Regulatory Technical Standards (RTS) that outline the criteria for crypto-asset service providers (CASPs) to designate a central contact point to ensure adherence to the anti-money laundering and countering the financing of terrorism obligations of the host Member State. Stay up to date on the latest news 👉 fiaumalta.org/news #FinancialServices #CASPs #EBA

💡 Periodic Reviews for Low-Risk Customers: Are They Necessary? While low-risk customers may not pose immediate compliance concerns, periodic reviews ensure up-to-date information, enhance risk management, and strengthen trust. It is a proactive step in maintaining a secure and compliant system! 🔍✅ #GuidanceWednesdays #CustomerReview

𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝘀 𝗥𝗘𝗤 𝗦𝘂𝗯𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 𝗡𝗼𝘄 𝗢𝗽𝗲𝗻. The FIAU would like to inform financial institutions that the submission process of the REQ is now open. It is to be submitted via the Malta Financial Services Authority (MFSA)’s single platform on their website. 🗓 Deadline: 31st January 2025 📋 CASPAR: Continue to submit the Business Risk Assessment (BRA) through the Subject Person Profile on CASPAR as soon as any changes are made.   💳 Payment: Payment instructions will be communicated through an official notification when due. ❓Queries: Via MFSA contact us on LH portal under either REQ #REQ #FIs

🌟𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗡𝗲𝘄𝘀! 🌟 🌟 𝗔𝘁𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝗮𝗹𝗹 𝗙𝗜𝗨𝘀 𝗮𝗻𝗱 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝗺𝗽𝗲𝘁𝗲𝗻𝘁 𝗔𝘂𝘁𝗵𝗼𝗿𝗶𝘁𝗶𝗲𝘀 🌟 We are proud to announce our collaboration with Egmont Group of Financial Intelligence Units and 𝗧𝗔𝗧𝗪𝗚 to organise an international training symposium on 𝗩𝗔𝗦𝗣𝘀 𝗥𝗶𝘀𝗸-𝗕𝗮𝘀𝗲𝗱 𝗦𝘂𝗽𝗲𝗿𝘃𝗶𝘀𝗶𝗼𝗻. This event will take place in Malta from 8 – 10 April 2024. 🎯 𝗪𝗵𝗼 𝗶𝘀 𝗶𝘁 𝗳𝗼𝗿? this training is specifically designed for Financial Intelligence Units (FIUs) and other National Competent Authorities, offering a blend of presentations, panel discussions, and dedicated breakout rooms to explore various aspects of risk-based supervision in the VASPs sector. Irrespective of whether an FIU is tasked with VASP supervisory responsibilities or not, the agenda caters for meaningful insights and discussions. 📅 𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗗𝗮𝘁𝗲𝘀: 𝗘𝘃𝗲𝗻𝘁 𝗗𝗮𝘁𝗲𝘀: 8 – 10 April 2024 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻: January 2024 📜 𝗔𝗴𝗲𝗻𝗱𝗮: For a high-level agenda, log into the Egmont Portal. 🔍 𝗦𝘁𝗮𝘆 𝗧𝘂𝗻𝗲𝗱: Watch this space for more updates! #strongertogether #fius #vasps

As the 68th MONEYVAL (Council of Europe) Plenary comes to an end, we are pleased to see the FIAU’s role evolve within this forum and the MONEYVAL community. Our Director, Alfred Zammit, who led the Maltese delegation, made valuable interventions that enriched the discussions throughout the week. Moreover, two significant milestones of the plenary were the adoption of the Mutual Evaluation Reports for: 📌Guernsey, where our Head of Legal Affairs, Jonathan Phyall, served as a financial evaluator 📌 Bosnia and Herzegovina, where our Head of Data Management & Analytics, Christopher Vella, served as a financial evaluator Meanwhile, Alexander Mangion, FIAU’s Head of Strategy, Policy and Quality Assurance, will be concluding his secondment with the MONEYVAL Secretariat this December. Over the past two years, Dr Mangion has been instrumental in supporting two assessments and several other MONEYVAL projects. #MONEYVAL #FIAU #InternationalCoOperation

‼️ 𝗴𝗼𝗔𝗠𝗟 𝗨𝗽𝗱𝗮𝘁𝗲𝘀 𝗥𝗲𝗺𝗶𝗻𝗱𝗲𝗿 🔜 The FIAU would like to remind subject persons that important updates are being made to goAML. To ensure you are aware and understand all changes, a guidance documents have been published on our website. 👉 Learn more by reading our guidance on: 🌐https://lnkd.in/dmjYjn-U 🌐https://lnkd.in/dMrKA633 #AML #CFT #goAML