Tag: anti money-laundering
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MONEYVAL Committee to recommend anti-money laundering reforms to Malta
Later on this year, the MONEYVAL Committee of the Council of Europe is to recommend the Maltese government a set of measures reforms on anti-money laundering. The MONEYVAL Committee supervises member states of the COE on anti-money laundering and anti-terrorist financing measures. The committed is set to flag some serious shortcomings on Malta’s current regime,…
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The Judiciary vs the Legislator on Malta’s Anti-Money Laundering Law
Despite my very strong disagreement with Judge Edwina Grima’s fiery response to the leaks of Yorgen Fenech’s chats, the Judge has strongly criticised the government’s new Anti-Money Laundering law. The new reforms, approved earlier this year with the support of high-profile Nationalist Party MPs, including Joe Giglio, have disarmed the authorities’ powers in arraigning and…
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The first criminal to benefit from the Labour Party’s money laundering reforms: Yorgen Fenech
Last week, Yorgen Fenech asked the court to reduce the extent of the freezing orders over his assets with his lawyer, Charles Mercieca citing the newly government-implemented anti-money laundering reforms. Some of Yorgen Fenech’s assets have been seized by freezing orders by the state, but his biggest freezing orders emanate from a civil case against…
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An Opposition that is in cahoots with the government
Since the end of last year, I have been trying to contact the Nationalist Party’s spokesperson for Home Affairs, the infamous criminal lawyer, Joe Giglio. He has so far, been avoiding me, and I rather have a verbal reply rather than an evasive and dry written reply. Joe Giglio, who is a criminal lawyer who…
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Justice Minister Jonathan Attard hands another victory to organised crime
Yesterday, the Minister for Justice, Jonathan Attard handed a new victory to organised crime. The law is being changed so that the state prosecutor and the police won’t be able to seize all your assets in Malta if you are caught laundering money – they will only be able to seize the funds that are…
