Malta grey-listed by Financial Action Task Force

Jun 23 2021

After undergoing the crucial financial test to avoid ending up on the list, Malta ended up on the Financial Action Task Force’s grey-list. Despite having passed the Moneyval test after introducing a raft of reforms to fight money laundering, the country unfortunately still took the heavy hit as it is allegedly not doing enough to combat financial crime. Malta needed 37 votes to pass but fell short just at 36.

Malta is the first ever EU member state to be placed on the list. The USA, UK and Germany were against giving Malta a pass grade and have been trying to convince other FATF members to take the stance as well.

What does being grey-listed mean? One of the biggest impacts would be that foreign banks would not want to keep accounts with Maltese registered companies, including gaming companies.

Grey-listing would give a negative image to any company and thus would highly impact Malta’s economy. Other countries on the grey list include Iceland, Pakistan, Albania, Syria and Zimbabwe.

#MaltaDaily

Online shopping has never been so easy with Arkadia Foodstore’s online store

Jun 23 2021

Online shopping and delivery services have been around for quite a while but it seems as if they have truly EXPLODED in the past few months, with Maltese citizens being offered the possibility of ordering just about anything at almost any given time. While trips to the supermarket are absolutely essential to living a balanced lifestyle and remaining active, sometimes you truly can’t keep up with all of the duties and commitments that life throws at you.

Which is why Arkadia’s online store is an absolute life-saver.

Accommodating delivery across both Malta AND Gozo, Arkadia’s online store maintains the brand’s vision for offering quality, choice and value whilst also providing the ideal customer experience to shoppers across the country. The store is not only super easy to navigate, but also hosts a seemingly never-ending list of products, meaning that you’ll find everything you need within a matter of clicks.

Whether you are breaking a sweat trying to keep up with the kids’ extra-curricular activities, knee-deep in work-related commitments or just need a day to chill out and have your necessities delivered to you, it has honestly never been so easy. To make things even better, deliveries over €50 are absolutely free and will arrive in a timely manner.

Benefit from the daily offers, lower prices and an incredibly convenient, user-friendly experience with Arkadia Foodstore. Delivery hours range from Monday to Saturday between 9AM and 8PM.

…and to make things EVEN BETTER, you will also get a free pack of x6 Kristal Mineral Water or other gifts when spending €33 or more!

About Arkadia

The Arkadia Foodstore vision for grocery shopping is quality, choice and value. We understand that our customers want only the best, but that they also want variety and fair prices. Arkadia Foodstore wants your grocery shopping to be a pleasant experience, not a chore – an experience designed with people in mind. Whether it is our staff, product range, shelving, aisle space or fresh counters we continuously dedicate time and effort to improve our offer.

Send this to someone who NEEDS their shopping sorted.

#MaltaDaily

SpiderMan gifts Pope Francis his own Spidey mask

Jun 23 2021

You read that correctly. 2021 has just got more bizarre as Pope Francis has met the friendly neighbourhood Spider-Man. Attending Pope Francis’ general audience at the Vatican on Wednesday June 23rd, a man in a full blown Spider-Man costume popped up and sat down in the sombre VIP section in the Vatican’s San Damaso Courtyard. Whether he drove there or swung his way there is still a mystery.

Spider-Man can then be seen gifting the 84-year-old Pope his very own Spider-Man mask. It was later revealed by Reuters that the man behind the mask is Mattia Villarditam 27-year-old who works in sick children’s hospitals. And he does this whilst donning the Spidey suit amongst other hero costumes. Mattia was also appointed as Knight of the Order of Merit of the Italian Republic just last year by Italian President Sergio Mattarella for his caring work.

#MaltaDaily

Photo Source: PA Images

Malta and Balearics may join UK’s green travel list

Jun 23 2021

Malta, along with the Balearic Islands, could soon be added to the quarantine-free holiday destination list as part of a limited update to the UK’s green travel list. The update is set to take place on Thursday, with Malta being the only conventional holiday hotspot to turn green according to The Times newspaper. A government source however added that the Balearics have a ‘real possibility’ of joining. This depends on a last-minute decision by ministers, with the potential move being a ‘game changing’ moment for the struggling travel industry.

The Spanish archipelago is visited by more than five million Britons every year as it includes Mallorca, Menorca and Ibiza. The green-light was speculated to be given in early June for Malta, but no new destinations were added, with Portugal moving to the amber list. Media minister John Whittingdale said he hoped the government would place more countries on the green list, but still urged people to holiday in Britain instead of jetting off abroad.

#MaltaDaily

Photo Source: Simply Business