Subject Persons as defined under the Prevention of Money Laundering and Funding of Terrorism Regulation (S.L. 373.01 of the Laws of Malta)
By Dr. Frank Anthony Tabone – Associate Regulation 5 of the Prevention of Money Laundering and Funding of Terrorism (PMLFTR) provides that each subject person shall take necessary measures to be able to identify and assess any risks of money laundering and funding of…