Attention Financial Services Licence Holders: 4th AML Directive & Revised Funds Transfers Regulation

The Fourth Anti Money Laundering Directive, accessible here, has been published in the Official Journal of the European Union, and must be transposed by the Member States by 26th June 2017. The EU Regulation on information accompanying transfers of funds, accessible here, is directly applicable in Malta and will apply effectively as of 26th June 2014.

Licence Holders should ensure full awareness of the implications that these instruments will bring into force.

For further information about how GVZH Advocates can help you with your Prevention of Anti Money Laundering requirements kindly contact us here.