EU MEMBER STATE MALTA PLACED UNDER FATF MONITORING AS CONCERN GROWS OVER ITS AML WEAKNESSES
June 1st, 2021
THE EUROPEAN Union (EU) member state of Malta - along with Haiti, the Philippines, and South Sudan - have been added to FATF’s increased monitoring watch list, with all four countries promising to work with the global AML body to improve their dirty money controls.
FATF made the announcement after its June 25 plenary in Paris, today, which added that Ghana had been removed from its watchlist after improving its AML/CFT measures.
No additional actions were announced regarding the two high risk jurisdictions remaining under special FATF monitoring – Iran and ...
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