In September 2019, the Council of Europe’s Anti-Money Laundering body MONEYVAL published a Report, calling on Malta to strengthen the practical application of measures to combat money laundering and financing of terrorism, to step up its efforts to investigate and prosecute money laundering and to strengthen its supervisory system.
Following the first training session held on 30 January, the Chamber of Advocates is now organising an Anti-Money Laundering Information Session for lawyers, on Wednesday, 4th March, from 13.00 to 14.30 hrs. The session will focus on the Risk Evaluation Questionnaire (REQ).
The FIAU issued sector specific REQs which replace the Annual Compliance Report (ACR) and which must be submitted to the FIAU by the 31st March. The REQ is a data collection exercise aimed at providing the FIAU with detailed information on subject persons.
The information session will provide an overview of the salient parts of the REQ and guidance on how one should go about preparing for the completion of the REQ.
Dr Malcolm Mallia and Dr Diane Bugeja will be delivering the training.
The fee will be €20 for Chamber members and €25 for non-members.
Seating capacity is limited so book early to avoid disappointment.
Bookings and payment may be done online through: avukati.central.mt
