Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

AML, EU, EU/Europe

Malta’s FATF Grey Listing to be discussed at this week’s Plenary

Premium June 14, 2022
Premium

INSIGHT: Fear and anger in France’s crypto community after spate of kidnappings

 Premium

NEWS: SRA fines law firm boss £4m over Kingly Solicitors collapse

 Premium

NEWS: Coinbase warns of up to $400M hit from cyberattack

By Alisha Houlihan for AMLi

Malta’s greylisting is expected to be discussed by the Financial Action Task Force (FATF) at its plenary meeting in the coming days.

However, the EU’s smallest nation-state still remains in the dark whether it will be removed from the global financial watchdog’s list of countries under increased monitoring.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!

View subscription optionsIf you have an account, log in
Premium

INSIGHT: Fear and anger in France’s crypto community after spate of kidnappings

 Premium

NEWS: SRA fines law firm boss £4m over Kingly Solicitors collapse

 Premium

NEWS: Coinbase warns of up to $400M hit from cyberattack

Regulatory Watch News

  • Crime group used light aircraft to smuggle cocaine haul to UK

    National Crime Agency

    A qualified pilot used his light aircraft in a bid to smuggle cocaine into the UK. Pilot Anastasios Balian, 52, and accomplice Errol McCardo Weir, 48, admitted trying to bring 30kg of the Class A drug into the country, following a National Crime Agency investigation. On 20 March this year, they were stopped by Border Force officers at North Weald airfield in Epping, Essex, after landing from Belgium via Calais. Officers searched the small plane and discovered a concealment had been built into the rear seats. Inside it were 30 1kg blocks of cocaine with a street value of about £2.4m.

  • £2m fine for online operator Spreadex Limited

    Gambling Commission

    A gambling business will pay a £2,022,000 penalty after a Gambling Commission investigation revealed Anti-Money Laundering (AML) and social responsibility failings.

    Spreadex Limited – which operates from Spreadex.com – will also have to undergo a third-party audit to ensure it is effectively implementing its anti-money laundering and safer gambling policies, procedures and controls. The failures were revealed during a compliance assessment in July 2023 and relate to the operator’s Gambling Commission licence to offer casino and fixed odds betting.

  • Senior Appointment at the Hong Kong Monetary Authority

    HKMA

    The Hong Kong Monetary Authority (HKMA) announced today (16 May) that the Financial Secretary, on the advice of the Governance Sub-Committee of the Exchange Fund Advisory Committee, has approved the extension of Mr Howard Lee’s appointment as Deputy Chief Executive for two years beyond the normal retirement age, effective October 2025.  Mr Lee will continue to be responsible for reserves management, financial infrastructure and fintech development at the HKMA.  He is also an Executive Director of the Hong Kong Mortgage Corporation Limited.

Sign Up To Our Newsletter

Contact Us