The Association of Certified Anti-Money Laundering Specialists (ACAMS) has partnered with the Malta Institute of Management (MIM) to deliver the flagship Certified Anti-Money Laundering Specialist (CAMS) certification in Malta. With training having begun in June 2019, the partnership will enable financial crime prevention professionals in Malta – a member of the Eurozone - to create and drive a culture of compliance.

“It is crucial that Malta as a jurisdiction invests in ongoing technical upskilling in the area of financial crime compliance. The Malta Financial Services Authority (MFSA) is placing anti-money laundering (AML) and combatting the financing of terrorism compliance as a focal plank of its supervisory strategy for the years to come, and is making substantial investments in sourcing international expertise and training,” said Joseph Cuschieri, CEO of the MFSA, the single regulator of financial services in Malta.

“We welcome the introduction of live CAMS training in Malta through the partnership between MIM and ACAMS, as the CAMS Certification helps create a standardised risk-based approach to money laundering threats and financial crime risks,” he added.

“Economic growth and the increased focus on Malta as a financial hub, has precipitated a strong demand for AML and financial crime prevention professionals there, which is furthered by the increased scrutiny on compliance globally,” said Angela Salter, head of Europe for ACAMS. “ACAMS looks forward to the collaboration and to engaging key government agencies including the MFSA,” she added.