Understanding Anti Money Laundering and Counter Terrorist Financing, Subject Person’s Obligations and an Overview of the FIAU ‘Implementing Procedures’

Course Outline

This course will delve into the realities of money laundering and terrorist financing and why they should be a concern for subject persons.  It will explain the origins of this stand-alone crime as well as the implications of terrorist financing and will also provide an overview of the various international initiatives that are undertaken in this field.

The course will also provide an in depth analysis of the local legislative framework (both with regard to primary and secondary legislation) as well as an overview of the FIAU’s Implementing Procedures.  Some practical case-studies will also be examined.

The FIAU has recognised this course as suitable AML / CFT training within the parameters of the PMLFTR for MLROs (and other employees). This course will also be given positive consideration by the MFSA in assessing the competence of employees of licence holders/applicants.

Who should attend?

Corporate service providers, trustees and other fiduciaries, auditors, accountants, notaries, lawyers, real estate agents, other subject persons, MLROs, Compliance Officers and all other persons who wish to receive practical and update information on anti money laundering and counter terrorist financing.


A Certificate of Attendance will be issued to all participants indicating the attended sessions.


Institute of Legal Studies Tuition Centre, 19/12 Vincenti Buildings, Strait Street, Valletta VLT1432


1600 – 1800hrs, including coffee break

Participation Fee

Regular fee €350; Student fee €175; cheques payable to Institute of Legal Studies Malta


To apply kindly use our online registration form.


Session 1: Wednesday 8th April, 2015; 1600 – 1800 hrs
What is Money Laundering and Terrorist Financing and why should they be regulated?
Lecturer: Dr. Anthony Cremona; Partner, Ganado Advocates  

Session 2: Tuesday 14th April, 2015; 1600 – 1800 hrs 
Global Initiatives in Combating Money Laundering and Terrorist Financing
Lecturer: Dr. Lorraine Poole; Associate, Ganado Advocates 

Session 3: Wednesday 15th April, 2015; 1600 – 1800 hrs    
The Maltese Legislative and Regulatory Framework: the Prevention of Money Laundering Act, 1994, the Criminal Code and Powers of Investigation and Precautionary Tools
Lecturer: Mr. Victor Rizzo Giusti, Compliance Officer  

Session 4: NEW DATE –  Friday 15th May, 2015; 1600 – 1800hrs
The Maltese Legislative and Regulatory Framework: The Prevention of Money Laundering and Funding of Terrorism Regulations, 2008
Lecturer: Dr. Liana Micallef; Associate, Ganado Advocates  

Session 5: Wednesday 22nd April, 2015; 1600 – 1800hrs   
The Functions and Duties of the FIAU
The Salient Features of the FIAU Implementing Procedures
Lecturers: Mr. Victor Rizzo Giusti, Compliance Officer 

Session 6: Thursday 30th April, 1600 – 1800hrs
Open Forum
Lecturer: Mr. Antonio Ghirlando; Legal & Compliance Manager, FIAU (Malta)

Session 7: Wednesday 6th May;1600 – 1800hrs
Practical Case studies
Lecturer: Dr. Anthony Cremona; Partner, Ganado Advocates

Image: Alan Borg
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