FATF to visit Malta to verify ‘substantial’ completion of action plan to get off grey list

Mar 5 2022

The Financial Action Task Force (FATF) has stated that Malta’s action plan to get off the grey-listing is ‘substantially’ completed.

An official statement reads that back in June 2021, Malta had made the commitment to work with the FATF and MONEYVAL to “strengthen the effectiveness of its Anti Money Laundering and Countering (AML) and Terrorism Financing regime (CFT)”. It went on to reveal that its action plan is ‘substantially completed’ and warrants an on-site visit for verification. With regards to reforms, the report highlighted 3 key points;

Accurately showing information for companies based in Malta, allowing authorities to crack down on inaccurate ownership information and sanction gatekeepers who do not comply.
Enhancing the use and operations of the government’s Financial Intelligence Analysis Unit to support authorities pursuing money-laundering cases and criminal tax. This will include clarification of the roles and responsibilities held by the Revenue Commissioner and the FIAU.
Increasing FIAU’s analysis oF criminal tax offences to help local law enforcement detect and crack down on tax evasion and its risks.

The FATF plenary will meet in Berlin in June.

Is Malta on its way to exiting the grey list?

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Abela and Grech will officially debate on March 16th ahead of election

Mar 4 2022

The electoral campaign’s first debate between Prime Minister Robert Abela and Opposition leader Bernard Grech is set to occur on March 16th 2022.

Set to be hosted by the Malta Chamber, the debate will be happening live on Facebook at 11am, with members of the business community invited to attend.

The debate will be hosted and moderated by former journalist Rachel Attard. This comes as Robert Abela evades debate invitations made by independent media platforms.

The university of Malta debate is still yet to announce a date as this was revealed by Robert Abela to occur. This also comes as the chamber publishes its pre-election document, featuring 100 recommendations which address several issues such as economic recovery, infrastructure and good governance.

The Labour Party is also yet to unveil its electoral manifesto, something which the Nationalist Party have hit at as, according to them, it shows unpreparedness.

#MaltaDaily

Next time someone close to you hurts your feelings, try this | by Ed’s Common Sense

Mar 4 2022

It’s not easy trying to handle your emotions when you feel attacked by someone close to you. Your relationship flashes before your eyes as you try to hit back at the comments or actions which are hurting your feelings. Rest assured that this happens within the best of relationships, but there are ways of handling it. This week, clinical psychologist and psychotherapist Dr. Edward Curmi brings us these tips to handle these kinds of situations.

Dr. Edward Curmi is also the author of 2 self-help books titled Ed’s Common Sense.

“I need some time to think before I respond”

“I would like us to continue this conversation face to face.”

“I am not ok with you treating me this way. You need to stop.”

“Your actions/words really hurt my feelings”

“Can you explain what you meant when you said…?”

Try these out and let us know how it went.

#MaltaDaily

Jason Momoa will play the villain in final Fast & Furious movie

Mar 4 2022

Jason Momoa, known for his roles in Game of Thrones and Aquaman, will be playing the villain in the next Fast and the Furious movie. This means Khal Drogo himself will be taking on Vin Diesel and throwing some punches.

He revealed this to Entertainment Weekly, saying that he cannot wait to play the bad guy once again. ‘I’m gonna go do Fast 10, that’s gonna be fun… it’s fun, I get to play the bad guy, which I haven’t gotten to do for a while.’

Momoa was silent about his upcoming role but revealed that his flamboyant character would clash with Dominic Toretto’s crew in Fast 10. And although the new addition is very exciting, the rest of the cast has been kept very quiet as very little is known about who’s joining the line-up.

However, Justin Lin, who previously directed F9, will be returning to direct the tenth film in the franchise. Many of the previous Fast family are set to reprise their roles as filming kicks off in London, but the Rock will not be making a comeback.

The tenth film was set to be released in early April last year. However, the COVID-19 pandemic halted the release and had it pushed back to February 2023 and then delayed to April 7th. More delays means it will hit theatres in May.

Even if this is somewhat too far in the future for Fast fans, they can use this time to binge watch the entirety of the series and get caught up on what will be going on to end the series with a blast.

#MaltaDaily