Malta is expected to get ‘poor’ rating for its anti-money laundering regime – Sunday Times
The Sunday Times reports that international experts are expected to deliver a poor assessment of Malta’s anti-money laundering regime. The newspaper says it is informed that Moneyval is likely to give Malta one-year time window to address a series of short comings in its anti-money laundering efforts or face the threat of eventual blacklist. The report says that the likelihood is that Malta will be grey listed, which would place Malta among other countries which have strategic deficiencies when it comest to anti-money laundering enforcement.
Via The Sunday Times