Group MLRO (designate)

Rochelle Bonello

Rochelle Bonello

Rochelle Bonello is Group MLRO (designate) for Mamo TCV Advocates and TCV Management and Trust Services Limited. She is a compliance specialist with over 7 years of experience working in the areas of prevention of money laundering, counterfeit terrorism financing, fraud, anti-bribery and corruption as well as sanctions. Rochelle Bonello previously served as a Benefit Fraud Inspector with the Ministry for Social Justice and Solidarity, the Family and Children’s Rights, Anti-Money Laundering Analyst at one of Malta’s largest banking institutions and an AML Team Supervisor with an international institution specializing in custody and fund trading. She has also significant experience in heading Remediation projects as well as transaction monitoring.

Education

  • Bachelor of Arts (B.A.) in Criminology (2012, University of Malta)
  • Degree Plus in English for Professional Purposes (LDDP) (2009, University of Malta)
  • Degree Plus in Entrepreneurship (2010, University of Malta)
  • Award in Prevention of Anti-Money Laundering and Funding of Terrorism (2019, NCFHE)
  • Award in Management and Leadership (2020, NCFHE)

Get In Touch

Address

MAMO TCV Advocates
Palazzo Pietro Stiges
103, Strait Street
Valletta, VLT 1436
Malta

Stay updated with our latest insights

Investment Services & Funds

Legal Update on UCITS Information Documents

A key feature of Undertakings for the Collective Investment in Transferable Securities (“UCITS” fund) is the Key Investor Information Document (“KIID”), which provides the retail investor with simplified information from the prospectus. UCITS also qualify as Packaged Retail Investment and Insurance Products (“PRIIPS”). Since PRIIPs are required to do a Key Information Document (“KID”), promoters of a UCITS fund were technically obliged to provide both the KIID as well as the KID. Thus, these conflicting requirements would have created unclarity for the retail investor. Initially, an exemption was provided for investment companies and management companies who are promoting a UCITS…
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Anthea Sammut

The Online Presence of UCITS Management Companies and Reverse Solicitation

Recently, the Malta Financial Services Authority ("MFSA") issued two circulars related to updates on Undertakings for Collective Investment in Transferable Securities ("UCITS") Management Companies, and a clarification note on the disclosures in the financial return reporting and other essential regulatory clarifications. In this article, a brief overview of the salient features emanating from these two circulars shall be given to ensure that subject persons comply with the below updates and clarifications. The first circular dated the 6th of April 2022 relates to the online and social media presence of UCITS Management Companies. The MFSA is requesting UCITS Management Companies to…
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Anthea Sammut

The Cross-Border Distribution of Funds Framework

The Cross-Border Distribution of Funds (the "CBDF") Framework is composed of the CBDF Regulation and Directive, and is supplemented by the Commission Delegated Regulation 2021/955 and by the ESMA Guidelines on Marketing Communications under the Regulation on Cross-Border Distribution of Funds. The ESMA Guidelines on Marketing Communications and the Commission Delegated Regulation 2021/955 came into effect recently on the 2nd of February 2022. The CBDF Regulation establishes marketing requirements for collective investment undertakings and for marketing communications that are addressed to investors. This Regulation establishes principles relating to fees and charges that are levied on managers of collective investment undertakings…
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Anthea Sammut
The Investment Firms Regulation and Directive – Master Data Collection and Investment Firms Classification
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Corporate & Commercial
Mamo TCV Delivers seminar on Company Secretary at Society Education Event
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Investment Services & Funds
The Updated FATF Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers.