Financial Intelligence Analysis Unit (FIAU) Malta

‼️𝟮𝟬𝟮𝟱 𝗥𝗘𝗤 𝗶𝘀 𝗻𝗼𝘄 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗼𝗻 𝗖𝗔𝗦𝗣𝗔𝗥‼️ The 2025 Risk Evaluation Questionnaire (“REQ”) is now available on the Compliance and Supervision Platform for Assessing Risk (CASPAR) portal for completion by subject persons. 🗎 A copy of the REQ 2025 per sector (in excel format) is available in the following link: https://lnkd.in/dnurRuVK ⬅️ Swipe left to learn about the deadlines for submission of the REQ 2025. 🔗 For more information on the 2025 Risk Evaluation Questionnaire visit: https://lnkd.in/e-4yr5wU #REQs #2025

Europol has recently published its 𝗦𝗲𝗿𝗶𝗼𝘂𝘀 𝗮𝗻𝗱 𝗢𝗿𝗴𝗮𝗻𝗶𝘀𝗲𝗱 𝗖𝗿𝗶𝗺𝗲 𝗧𝗵𝗿𝗲𝗮𝘁 𝗔𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁 (𝗘𝗨-𝗦𝗢𝗖𝗧𝗔) 𝟮𝟬𝟮𝟱 📖 This report highlights a profound transformation in organised crime, driven by AI, digitalisation, and geopolitical instability. Criminal networks are evolving, exploiting technology to scale operations and evade detection. Key threats that are covered in the EU-SOCTA 2025: 💻 Cyber-attacks & AI-powered fraud, 🛑 Online child exploitation, 🌍 Migrant smuggling & drug trafficking, 🔫 Firearms trade & rising violence, ♻️ Waste crime & environmental harm. Breaking the cycle requires targeting both criminal markets and the digital tools enabling them. Law enforcement must adapt - fast. #OrganisedCrime #CyberThreats #Europol #Security

📝 𝗪𝗶𝘁𝗵 𝘁𝗵𝗲 𝗥𝗘𝗤 𝟮𝟬𝟮𝟱 𝗱𝗲𝗮𝗱𝗹𝗶𝗻𝗲𝘀 𝗳𝗮𝘀𝘁 𝗮𝗽𝗽𝗿𝗼𝗮𝗰𝗵𝗶𝗻𝗴, 𝘄𝗲 𝗮𝗿𝗲 𝗮𝗱𝗱𝗿𝗲𝘀𝘀𝗶𝗻𝗴 𝘀𝗼𝗺𝗲 𝗳𝗿𝗲𝗾𝘂𝗲𝗻𝘁𝗹𝘆 𝗮𝘀𝗸𝗲𝗱 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗳𝗿𝗼𝗺 𝘀𝘂𝗯𝗷𝗲𝗰𝘁 𝗽𝗲𝗿𝘀𝗼𝗻𝘀. 🗨️ Can I submit the REQ after the submission date? 🗨️ What happens if the REQ is not submitted? 🗨️ Who do subject persons contact should they encounter issues when completing and submitting the REQ? 🔍 Find answers to these questions and the upcoming REQ 2025 deadline dates in this edition of 'Guidance Wednesdays'! #GuidanceWednesdays

🚀 The FIAU Malta has recently launched a weekly newsletter on LinkedIn, allowing subject persons and individuals interested in AML and CFT to stay informed on the latest regulatory developments, industry insights, and best practices in AML/CFT compliance. 🔗 Don't miss an update! Subscribe to the FIAU's LinkedIn newsletter by clicking the following link: https://lnkd.in/ehxq89XE #Newsletter

‼️𝗜𝗠𝗣𝗢𝗥𝗧𝗔𝗡𝗧 𝗥𝗘𝗠𝗜𝗡𝗗𝗘𝗥 𝗙𝗢𝗥 𝗦𝗨𝗕𝗝𝗘𝗖𝗧 𝗣𝗘𝗥𝗦𝗢𝗡𝗦 - 𝗥𝗘𝗤 𝟮𝟬𝟮𝟱‼️ The FIAU Malta reminds all subject persons that the 2025 Risk Evaluation Questionnaire (“REQ”) is available for completion on the Compliance and Supervision Platform for Assessing Risk (CASPAR) portal. A copy of the REQ 2025 per sector (in excel format) is also available on the FIAU website. More details on the submission deadlines are provided in the newsletter below. #REQ2025

The FIAU is committed to empowering all stakeholders in their compliance obligations through its guidance and outreach efforts, participation in conferences, events, and training sessions. Today our Director, Alfred Zammit, formed part of a panel discussing #AML compliance and its challenges during the Malta Stock Exchange plc - Governance, Risk, Compliance and ESG Summit. We would like to thank the MSE for the invitation and opportunity. #aml #compliance #GRCESGSummit

The Financial Intelligence Analysis Unit (FIAU) would like to bring to the attention of 𝘀𝘂𝗯𝗷𝗲𝗰𝘁 𝗽𝗲𝗿𝘀𝗼𝗻𝘀 and other interested parties a recent publication of the Financial Action Task Force (FATF) on detecting, disrupting and investigating online child sexual exploitation. 🔗 Read the publication: https://lnkd.in/eSH6Tisv

🔍 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗔𝗠𝗟 𝗘𝗳𝗳𝗼𝗿𝘁𝘀 🌍 We were pleased to host Mr. Ayaz Shahbazi, Head of the Strategic Analysis and Statistics Division at the Financial Monitoring Service of Azerbaijan, for a secondment with the FIAU between the 3rd to the 14th March. 🤝 The secondment served as an opportunity for both FIUs to exchange best practices, and while presentations from multiple sections were provided, a particular focus was given to FIAU’s analytical work, both at a national and international level.  A heartfelt thank you to the Malta Business Registry - MBR and the Malta Financial Services Authority (MFSA) for their insightful presentations, and to the National Coordinating Committee on Combating Money Laundering and Funding of Terrorism (NCC) for contributing to valuable discussions on Malta’s national risk assessment. We also thank #ECOFEL for sponsoring and supporting this secondment. Strengthening international cooperation remains a key pillar in our 2023-2026 Strategy and in the fight against financial crime! #AML | #InternationalCooperation | #FinancialCrime | Egmont Group of Financial Intelligence Units

The Financial Intelligence Analysis Unit (FIAU) Malta would like to inform Centralised Bank Account Register (CBAR) Reporting Entities that the XML Schema and Validation Rules document has been updated. This is to reflect an adjustment made to the Guidance table for non-natural persons’ Registration Country, Number and Date table. For more information read the latest edition of our Newsletter.

📊 Guidance Wednesdays: Can Subject Persons Rely on Statistical Data? 🤔 When creating a customer profile, is statistical data enough? 📉 While data can help identify trends, relying solely on it may overlook key individual factors. Understanding the balance is crucial! 🔍 Discover the answer in our 'Guidance Wednesdays' series! 🔗 Download the Transaction Monitoring Training and Outreach Event's Q&A Document: https://lnkd.in/dFuKdSWz #GuidanceWednesdays