BENEFICIAL OWNERSHIP REGULATIONS RELATING TO TRUSTS, FOUNDATIONS AND ASSOCIATIONS AND AML/CFT REGULA
#BeneficialOwnership regulations relating to #trusts, #foundations and #associations together with the principal #AML/CFT regulations have been amended in #Malta. Acting on the advice of the #MaltaFinancialServicesAuthority, the Ministry of Finance published the Trusts and #Trustees Act (Register of Beneficial Owners) (Amendment) Regulations with effect from 1st January 2020. The main amendments are highlighted here below: The #Regulations shall now apply to all forms of expr