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We have done our utmost not to be greylisted - Evarist Bartolo

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Evarist Bartolo. Photo: Chris Sant Fournier

Malta does not deserve to be greylisted by global money laundering assessors, Foreign Minister Evarist Bartolo said on Wednesday.   “I am not a prophet, the process is ongoing, and I am not going to say I think this or that is going to happen. All I know is that we have done our utmost not to be greylisted,” Bartolo said.  He was commenting less than 24 hours after evaluators from the Financial Action Task Force (FATF) met in Paris on Tuesday afternoon to decide on a final recommendation over whether or not Malta should be put on a list of untrustworthy financial jurisdictions.  Times of Malta reported early on Wednesday that the assessors did not reach a unanimous decision on whether or not to recommend Malta be put on a list of countries deemed to not be doing enough to stop international money laundering and financial crime.  The FATF is the leading global anti-money laundering watchdog. Its plenary, made up of delegates from some 200 jurisdictions, will now meet on June 23 to take a final vote on Malta’s future, with local regulators awaiting the final verdict with bated breath.  Speaking with Times of Malta, Bartolo said that Malta had already undergone a rigorous vetting...


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