Reviewing Malta's evolving stance on cryptocurrency reveals an intriguing landscape for digital assets. Known for its progressive approach, Malta has long been a haven for blockchain technology and crypto innovation. However, recent developments indicate that the government is revisiting its regulatory framework, potentially reshaping the future of this thriving sector. This post researchs into the implications of these changes and what they mean for businesses and investors navigating Malta's crypto environment....
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Compliance & AML
May 9, 2025
Isle of Man FIU warns of gambling money laundering
The Financial Intelligence Unit (FIU) of the Isle of Man has released an in-depth report highlighting the increasing threat of financial crimes occurring via online gambling platforms. The document, which...
Compliance & AML
May 9, 2025
Unseen links between Maltese PSPs and Eastern Europe
It's important to explore the intricate connections between Maltese Payment Service Providers (PSPs) and the Eastern European market. This relationship extends beyond financial transactions, encompassing regulatory frameworks, business collaborations, and...
Compliance & AML
May 9, 2025
Malta’s weak GDPR enforcement and data access failures
Malta has faced significant challenges regarding the enforcement of the General Data Protection Regulation (GDPR), raising concerns about data privacy and access rights. Despite being a member of the European...
Compliance & AML
May 9, 2025
Rotten Rock – Part 3: From compliance to complicity.
Lack of action by Gibraltar regulators in high-risk cases sparks serious questions about oversight and accountability.
Compliance & AML
May 8, 2025
Dual-Office Firms Shaping Malta’s PSP Market
You might be intrigued by how dual-office firms are shaping the payment service provider (PSP) landscape in Malta. As a prominent player in the financial services sector, Malta's regulatory environment...
Compliance & AML
May 8, 2025
No penalties for late UBO declarations in Malta’s registry
Just recently, the Maltese authorities announced that there will be no penalties for late Ultimate Beneficial Ownership (UBO) declarations in the national registry. This decision aims to provide businesses and...
Compliance & AML
May 7, 2025
Spain Fines 14 Illegal Gambling Operators €77.4m
The General Directorate for the Regulation of Gambling (Dirección General de Ordenación del Juego, DGOJ) has taken a decisive step in strengthening regulatory control and consumer protection within Spain’s gambling...
Compliance & AML
May 7, 2025
3 Oaks Gaming Achieves ISO 27001 Certification
3 Oaks Gaming, a rising force in the global iGaming industry, has reached a significant milestone by earning the prestigious ISO/IEC 27001 certification. This international standard for information security management...
Compliance & AML
May 7, 2025
iGaming expert Iliana Lazarova joins BetComply
BetComply, a leading name in regulatory and technical compliance within the iGaming industry, has announced the appointment of Iliana Lazarova as its first ever Head of Account Management. The move...
Compliance & AML
May 7, 2025
Rotten Rock – Part 1: A system built for secrecy!
Uncover Gibraltar’s regulatory gaps and the Mansion Group case. A call for transparency and institutional reform.
Compliance & AML
May 7, 2025
Swiss Casinos earns ISO 14001 certification
Swiss Casinos, a leading multi-channel gambling operator in Switzerland, has reached a significant sustainability benchmark by securing ISO 14001 certification. This internationally recognised standard underscores the company’s commitment to environmentally...
Compliance & AML
May 7, 2025
Why the MFSA rarely revokes licences despite violations?
MFSA, the Malta Financial Services Authority, plays a pivotal role in regulating the financial services sector in Malta. Despite numerous violations reported within this sector, the MFSA tends to exercise...
Compliance & AML
May 7, 2025
How Malta-Based Crypto Firms Handle Sanctioned Clients
There's a rising interest in how Malta-based cryptocurrency firms navigate the complexities of dealing with sanctioned clients. As regulatory scrutiny intensifies globally, these firms must implement robust compliance measures that...
Compliance & AML
May 6, 2025
Spelinspektionen issues $1M fine to Spooniker for AML breaches
Spelinspektionen, the Swedish Gambling Authority, has imposed a penalty of SEK 10 million (around $1 million) on Spooniker Ltd, a subsidiary of the Kindred Group, due to shortcomings in fulfilling...
Compliance & AML
May 6, 2025
Europe Tightens AML Enforcement with €36m in Fines
In a year marked by increased vigilance and rigorous enforcement, European regulators have intensified their efforts to combat money laundering, targeting payment and e-money firms that fall short in implementing...
Compliance & AML
May 6, 2025
Regulatory silence and corporate transparency – where does the responsibility lie?
E & S Group's failure to file accounts since 2018 raises concerns over transparency and compliance in Malta’s corporate services sector.
Compliance & AML
May 6, 2025
Why was nobody watching Gibraltar?
How Gibraltar’s institutions failed to act on the Assad-linked money laundering scandal involving 91 companies and €700M in property.
Compliance & AML
May 6, 2025
Crypto OTC Desks in Malta Under Regulatory Spotlight
Many investors and traders are drawn to Malta due to its favorable regulatory framework for cryptocurrencies. However, the rise of over-the-counter (OTC) desks offers opportunities that also present challenges, particularly...
Compliance & AML
May 6, 2025
How Malta’s compliance laws are enforced selectively
Compliance in Malta is a complex landscape where enforcement mechanisms often exhibit selectivity, impacting various sectors differently. While the nation has established a framework of regulations to uphold financial integrity...
Compliance & AML
May 5, 2025
The Document Trail they forgot to Shred!
Leaked documents and messages expose governance gaps at Mansion Group, raising serious compliance and oversight concerns.
Compliance & AML
May 5, 2025
Understanding Payment Processors and Agents
With the rapid evolution of digital transactions, the distinctions between payment processors and agents have become increasingly indistinct. Both entities play pivotal roles in the financial ecosystem, facilitating smooth and...
Compliance & AML
May 5, 2025
Malta’s neobank licences used by unrelated operators
Neobank licenses in Malta have garnered attention for being utilized by entities that are not directly associated with the banking sector. This development raises questions regarding regulatory oversight and the...
Compliance & AML
May 5, 2025
The legal framework shielding bad actors in iGaming
iGaming has rapidly evolved into a lucrative sector, attracting both players and investors. However, alongside its growth, a concerning phenomenon has emerged: the legal frameworks that ostensibly regulate the industry...
Compliance & AML
May 3, 2025
Regulatory Arbitrage in Action: Curaçao, BVI and Gibraltar!
Explore how Mansion Group exploited Curaçao, BVI, and Gibraltar to bypass global regulatory oversight and accountability.
Compliance & AML
May 3, 2025
Malta Leads in Crypto Trust Company Regulation
Most investors and stakeholders in the cryptocurrency space recognize Malta as a pivotal jurisdiction for crypto-friendly trust companies. As a regulatory hub, Malta promotes a unique blend of innovation and...
Compliance & AML
May 3, 2025
The shared directors of Malta’s PSP and crypto chains
It's vital to understand the interconnectedness of Malta's payment service providers (PSPs) and cryptocurrency entities, as they often share directors who influence regulatory and operational frameworks. This intersection of leadership...