With the rise in financial crime and the increasing scrutiny of regulatory bodies, understanding the reasons behind the Financial Intelligence Analysis Unit's (FIAU) infrequent escalation of findings to prosecution is vital. This blog post examines the complex interplay of legal, operational, and political factors that influence the FIAU's decision-making processes. By delving into the challenges faced by the unit, we aim to provide clarity on the mechanisms in place that ultimately shape the prosecution landscape in financial crimes....
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Laws, Licenses & Payments
June 2, 2025
Malta’s payment institutions and AML blind spots
Many observers highlight the evolving landscape of Malta's payment institutions, particularly concerning anti-money laundering (AML) compliance. As the island nation becomes a prominent hub for financial services, potential vulnerabilities in...
NEWS Malta
May 8, 2025
Health Ministry funds firm accused of money laundering
Malta’s Health Ministry has maintained its professional relationship with Ennesse Ltd—a private accountancy firm owned by Nigel and Mikaela Scerri—even though both proprietors are currently facing significant money laundering charges....