PRESS RELEASE BY THE MINISTRY FOR FINANCE

Reference Number: PR172835, Press Release Issue Date: Dec 07, 2017
 

The Ministry for Finance welcomes the European Commission’s communication to the effect that it endorses the full transposition by Malta of the directive related to the Mandatory Automatic Exchange of Information in the Field of Taxation.

 

At the same time, the Ministry wishes to announce that, following the enactment by the Maltese Parliament of the Prevention of the Money Laundering Act last week, the Ministry will be publishing, during the coming week, five related legal notices. This will result in the full transposition of Directive 2015/849 of the European Parliament and of the Council on the ‘Prevention of the use of the Financial System for the Purposes of Money Laundering or Terrorist Financing’, commonly known as the 4th Anit-Money Laundering Directive.   ​