Important update: We are thrilled to announce that Malta has been removed from FATF grey list.

The decision was taken on Wednesday in a secret vote during a plenary meeting of the FATF in Berlin.

Malta was placed under increased monitoring in June 2021, and after a series of reforms based on recommendations that came with the shock inclusion in the grey list, in March 2022 FATF representatives determined that the country “substantially completed its action plan” which “warrants an on-site visit to verify that the implementation of Malta’s AML/CFT reforms has begun”.

Within the quickest possible time, our jurisdiction had completed the necessary reforms and confirmed the status of a strong financial center.