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Issue of FIAU Implementing Procedures – Part II addressed to Accountants and Auditors

On 20 December 2022, the Financial Intelligence Analysis Unit (FIAU) published a new set of Implementing Procedures – Part II, aimed at accountants and auditors. The guidelines, which will become effective on 1 April 2023, provide additional guidance on AML/CFT obligations arising from the Prevention of Money Laundering Act, the Prevention of the Money Laundering and Funding of Terrorism Regulations and the Implementing Procedures – Part I.

The guidelines can be accessed on the FIAU’s website:

Should you have any queries in relation to the Implementing Procedures – Part II you may get in touch with Kirsten Debono Huskinson (; Kyra Borg (; or Peter Mizzi (