Article
What Malta's New Sanctions Compliance Requirements Mean For Businesses
Malta's Sanctions Monitoring Board has issued new guidance on Article 32 of the National Interest (Enabling Powers) Act, fundamentally transforming how organisations must approach sanctions compliance. The framework shifts expectations from basic screening exercises to comprehensive, risk-based compliance programmes encompassing governance, due diligence, and ongoing monitoring across a wide range of sectors including financial services, gaming, real estate, and professional services.
Grant Thornton Malta