Malta regulator in 'rising panic' as FATF grey list decision looms

Mark Battersby
clock • 1 min read

Government sources in Malta have described a sense of "panic" among political, regulatory and law enforcement top brass ever since the FATF's evaluators failed to give the island a clean bill of health in a secret meeting last week, the Times of Malta reported this morning (23 June). Amid this uncertainty, Malta is said to have held last-ditch talks with the US ahead of a secret vote to be held this afternoon over whether the country is put on a list of untrustworthy financial jurisdictions, the paper said. The Financial Action Task Force (FATF), the global anti-money laundering watch...

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