Malta
Alternatives | 13 Dec 21
Second ex-Continental Wealth client ruling goes against STM
It’s not known how many more decisions are pending
Alternatives | 8 Dec 21
Momentum and STM lose Malta appeals
Compensation pay-outs for former Continental Wealth clients upheld
Malta not going after Pilatus clients for now
They are not seen as priority targets by the police
Pilatus Bank and official charged with money laundering
Just days after the firm was fined nearly €5m for AML/CTF breaches
Maltese bank fined €4.9m for AML breaches
‘Seriousness and systemic nature of failures’ allowed millions to pass through unchecked