‘We will continue pursuing transparency’ – Malta Business Registry CEO
Dayna Camilleri Clarke
Thursday, 8 July 2021, 10:50
Last update: about 4 years ago
Since its inception in 1965, Malta Business Registry (MBR) has seen many changes. However, in the wake of the recent FATF grey listing, it faces a new challenge, as it works hand in hand with other authorities to overcome this hurdle. Dayna Camilleri Clarke spoke to CEO Joseph Farrugia to discuss Malta’s way forward.
The Malta Business Registry is working closely with other stakeholders to help Malta to overcome the difficult situation brought about by the FATF grey listing, CEO Joseph Farrugia said.
“We are a standalone entity, and we oversee everything when it comes to the registering and ongoing responsibilities and lifespan of a company,” Farrugia said. “When looking into the FATF shortcomings, we can say we are doing the best job we can, and even they have acknowledged that. We have worked hard to increase enforcement and amend legislation. I can say we are on the right track and will continue to work closely with other stakeholders to overcome this”.
Full story on The Malta Business Weekly