meta_id 3220144

On June 8, 2026, the Financial Intelligence Analysis Unit (FIAU) launched a consultation exercise on proposed amendments to various legislative instruments as part of Malta's efforts to transpose and implement the European Union's anti-money laundering package. The consultation covers amendments to the Prevention of Money Laundering Act, the Prevention of Money Laundering and Funding of Terrorism Regulations, the Centralised Bank Account Register Regulations, and the Use of Cash (Restriction) Regulations. These amendments form part of Malta's broader compliance framework to align with EU anti-money laundering and counter-terrorism financing (AML/CTF) requirements. The proposed changes aim to strengthen Malta's AML/CTF regime by updating existing legislative instruments to reflect evolving regulatory standards and international best practices. The consultation is open to all subject persons, including financial institutions, designated non-financial businesses and professions, and other relevant stakeholders operating within Malta's financial system. Subject persons are invited to submit their feedback on the proposed amendments by July 31, 2026, via email to [email protected]. The FIAU will review all submissions received during the consultation period and use this feedback to refine the proposed amendments before finalising the legislative changes. The consultation document containing full details of the proposed amendments is available for download on the FIAU's website. This consultation represents a significant step in Malta's ongoing implementation of the EU's AML Package, ensuring the country maintains robust safeguards against money laundering and terrorism financing. REFERENCES: Financial Intelligence Analysis Unit. "AML Package- Related Consultation Exercise." Accessed June 8, 2026. https://www.fiau.org.mt/