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MFSA’s Guidance on Technology Arrangements for CSPs
August 21, 2024

MFSA’s Guidance on Technology Arrangements for CSPs

On 26 March 2024, the MFSA published a circular providing an update on the Guidance…
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MFSA Issues Thematic Review on Reporting of Beneficial Ownership Information of Trusts in the Trusts Ultimate Beneficial Ownership Register (“TUBOR”)
July 25, 2024

MFSA Issues Thematic Review on Reporting of Beneficial Ownership Information of Trusts in the Trusts Ultimate Beneficial Ownership Register (“TUBOR”)

On 24 July 2024, the MFSA published its findings arising from supervisory interactions as part…
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Reporting Obligation under Article 5r of Council Regulation 833/2014 for Russian Owned Entities 
July 22, 2024

Reporting Obligation under Article 5r of Council Regulation 833/2014 for Russian Owned Entities 

As of 1 May 2024, entities, which fall within the scope of Article 5r of…
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EU Adopts 14th Package of Sanctions Against Russia
July 19, 2024

EU Adopts 14th Package of Sanctions Against Russia

In June 2024, the EU adopted the 14th package of sanctions against Russia, which includes new…
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MFSA Issues Thematic Review on Governance and the Compliance Function for Trustees and Company Service Providers
April 17, 2024

MFSA Issues Thematic Review on Governance and the Compliance Function for Trustees and Company Service Providers

On 1 April 2024, the MFSA published its findings arising from supervisory interactions as part…
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MFSA Shares Common Issues and Best Practices in Guidance for MLROs in the Financial Services Sector
March 28, 2024

MFSA Shares Common Issues and Best Practices in Guidance for MLROs in the Financial Services Sector

On 14 March, the Malta Financial Services Authority (MFSA) issued Guidance for Money Laundering Reporting…
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MFSA Survey Highlights Gaps in Financial Crime Prevention and FT Risk Management
March 12, 2025

MFSA Survey Highlights Gaps in Financial Crime Prevention and FT Risk Management

The MFSA’s “Survey on Emerging Technologies and Financial Terrorism (FT) Risks” examines how firms view…
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EU Adopts 16th Sanctions Package Targeting Russia’s Military and Economic Networks
February 24, 2025

EU Adopts 16th Sanctions Package Targeting Russia’s Military and Economic Networks

On February 24, 2025, marking the third anniversary of Russia's full-scale invasion of Ukraine, the…
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MFSA Issues Thematic Review on the Compliance Function of Company Service Providers
February 18, 2025

MFSA Issues Thematic Review on the Compliance Function of Company Service Providers

On 17th February, the MFSA published a Thematic Review on the Compliance Function of Company…
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Governance Compliance under the Sustainable Finance Disclosure Regulation
December 19, 2024

Governance Compliance under the Sustainable Finance Disclosure Regulation

The Sustainable Finance Disclosure Regulation (SFDR) is a critical regulatory framework impacting financial market participants…
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Trustees & Fiduciaries to Adopt Comprehensive Approach to Risk Management under Proposed Rulebook for Trustees and Other Fiduciaries
December 10, 2024

Trustees & Fiduciaries to Adopt Comprehensive Approach to Risk Management under Proposed Rulebook for Trustees and Other Fiduciaries

On 5 December 2024, the MFSA issued a proposed Rulebook for Trustees and Other Fiduciaries,…
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Reporting Requirements under the National Interest (Enabling Powers) Act
November 25, 2024

Reporting Requirements under the National Interest (Enabling Powers) Act

On 30 July 2024, the Sanctions Monitoring Board (SMB) published a Guidance Note on the…
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Constitutional Court Revives Company’s €435k Fine for CDD Breaches after FIAU Appeal
November 20, 2024

Constitutional Court Revives Company’s €435k Fine for CDD Breaches after FIAU Appeal

Malta’s Constitutional Court has confirmed that the Financial Intelligence Analysis Unit is empowered to impose…
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MFSA Publishes Consultation Document on Proposed Enhancements to the CSP Framework with a Focus on Individuals
November 1, 2024

MFSA Publishes Consultation Document on Proposed Enhancements to the CSP Framework with a Focus on Individuals

On 1 November 2024, the MFSA published its Consultation Document on the Proposed Enhancements to…
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Financial Regulation: The Next Five Years Half-day Seminar
October 11, 2024

Financial Regulation: The Next Five Years Half-day Seminar

Join us on 20th November at Giardini Lambrosa in Rabat for our Financial Regulation: The…
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EU Establishes New Anti-Money Laundering Authority
October 8, 2024

EU Establishes New Anti-Money Laundering Authority

The Authority for Anti-Money Laundering and Countering the Financing of Terrorism (“AMLA”), was legally established on…
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Shoulder is a specialist AML and compliance consulting firm, based in Malta

Shoulder is a specialist AML and compliance consulting firm, based in Malta