Anti-money laundering regulator’s powers being challenged in rights breaches over its power to both scrutinise entities and hand out multi-million fines
Finance Minister Clyde Caruana said that the decisions given by the first Court that the laws and regulations that govern the Financial Intelligence and Analysis Unit s processes were
Lombard Bank has said, in a statement, that a court has found the FIAU s administrative penalties against the bank to be unconstitutional . Lombard Bank had been slapped with