The MFSA has recently issued a consultation document on Company Service Providers. The scope of the proposed enhanced requirements is to raise the standard of the Company Service Providers sector in Malta in view of the concerns raised by the Committee of Experts on the evaluation of the Anti-Money Laundering Measures and the Financing of Terrorism ('MoneyVal') in its Fifth Round Mutual Evaluation Report on Malta in July 2019.The consultation document summarises the applicable regulatory framework for Maltese Company Service Providers in order to raise awareness of their obligations and expectations. The Authority is proposing a review of Malta's existing…
MamoTCV Advocates15th November 2019