News

In final discussions this month, Maltese officials sought to persuade the Financial Action Task Force of their jurisdiction's "positive and tangible progress" in enhancing its defenses against money laundering, terrorist financing and other financial crimes. Officials spent hours in final virtual meetings with members of the intergovernmental organization's internal review board, which will decide within weeks on whether to include Malta on a list of more than a dozen countries with weak anti-money laundering and counterterrorist financing regimes. The island, which has been dogged by a series of high-profile financial crimes in recent years, faces the prospect of inclusion on...