Malta: Money Laundering

The Anti-Money Laundering Authority (AMLA) has launched a consultation on draft Guidelines establishing EU-wide minimum standards for Business Wide Risk Assessments, marking a significant shift towards more consistent, evidence-based risk assessments across Member States. These Guidelines reinforce the central role of the BWRA in AML/CFT compliance and set out four key requirements covering business overview, inherent risk identification, control quality assessment, and residual risk evaluation.

Malta's anti-money laundering framework faces its most significant transformation as the EU Anti-Money Laundering Regulation becomes directly applicable on 10 July 2027, replacing the current directive-based system with a unified Single Rulebook.

Malta's legislative landscape underwent significant transformation in April 2026, with new regulations spanning anti-money laundering, gaming taxation, sports club commercialization, and cancer survivor protections. How will these changes reshape compliance obligations for financial institutions, gaming operators, and employers while advancing individual rights and market competitiveness?

Effective 10 July 2025, Malta amended the Companies Act (Register of Beneficial Owners) Regulations, implementing key provisions of the EU's 6th Anti-Money Laundering Directive...

The Financial Intelligence Analysis Unit (FIAU) has released its AML/CFT Supervisory Plan for the period covering September 2025 to June 2026. This marks the second year of a five-year compliance...

By virtue of LN 127 of 2025, changes recently took place in Malta's Companies Act (Register of Beneficial Owners) Regulations.

The FATF identifies jurisdictions with weak measures to combat money laundering and terrorist financing (AML/CFT) in two FATF public documents that are issued three times a year.

In June 2024, the European Union (EU) launched a new decentralised authority named as the Anti-Money Laundering and Countering the Financing of Terrorism Authority (AMLA).

On the 19th June 2024, the EU AML/CFT Legislative Package was published in the EU Official Journal, which includes a set of legislative texts, comprising of two regulations and a directive, proposed by the European Commission to strengthen the EU's framework and its financial system against money laundering and financing of terrorism.