‘Malta Failing To Apply European Anti-Money Laundering Law’ – Repubblika

No Comment 58 Views

A formal complaint has been submitted to the European Commission from Repubblika, saying that Malta’s three branches are failing to apply anti-money laundering laws in the face of allegations against key Maltese officials.

The Maltese rule of law NGO says that since the Panama Papers uncovered the names of key politicians connected with corruption, Malta’s institutions responsible for holding them accountable have refused to act.

They speculate that this could be connected to procedural weaknesses and controls within the institutions, where the executive has not properly equipped law enforcement organisations to support the work of the judiciary. The legal weakness and agency of the judicial branch are then proposed to stem from the legislative branch’s failing to ‘provide the judiciary with adequate laws to implement European money laundering law’.

Read the original article here: newsbook.com.mt

Get headlines, breaking news, and jobs announcements delivered to your inbox. Sign up for our daily newsletter.

Share This Page
Industry Webinars
FEATURED Solutions