The FIAU and the MFSA today issued a joint notice to highlight the risks posed to the financial system by funding of terrorism. The notice refers to several local and foreign publications that provide insight into how funding for terrorism may occur. It also outlines the key anti-money laundering and counter-funding of terrorism obligations that can assist subject persons in mitigating the risks posed by terrorism financing. It focuses on how certain sectors can utilise publicly available information to ensure more effective monitoring and scrutiny of transactions. Subject persons are invited to read and familiarise themselves with the contents of the said Notice. Read More 