January 2024

Navigating Compliance: Insights from the FIAU’s 2021/2022 Enforcement Factsheet

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On the 15th of January 2024, the Financial Intelligence Analysis Unit (FIAU) released a pivotal document titled ‘Enforcement Factsheet: A Compilation of Regulatory Actions – 2021/2022’. This publication, available on the FIAU’s website, serves as a comprehensive guide to the enforcement process undertaken by the FIAU in monitoring compliance with Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) obligations by Subject Persons (SPs).

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Unveiling Unconscious Bias: Artificial Intelligence (“AI”) and the Nuances of Board Meeting Minutes

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Lezanne Kretschmer, Head of Company Secretarial Services at Aspida Group, reflects on one of the key aspects to consider and be vigilant of, when making use of AI for preparing board meeting minutes.

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Demystifying the New MFSA Circular: Key Changes and Compliance Strategies for CSPs

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The Malta Financial Services Authority (MFSA), in its continuous endeavour to refine and enhance the regulatory environment, issued a Circular on the 23rd of January 2024. This Circular marks a significant shift in the regulatory framework for Company Service Providers (CSPs), introducing essential changes to the CSP Rulebook with immediate effect.

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