As Malta’s place as a business hub continued to be cemented over the years, the Financial Intelligence Analysis Unit (FIAU) became an increasingly vital entity to the country’s proper functioning.
Tasked with the collection, collation, processing, analysis and dissemination of information to combat money laundering and the funding of terrorism, the FIAU plays a leading role in Malta’s fight against money laundering.
This Wednesday (tomorrow), at 11.30am, top officials from the entity will be appearing on The Boardroom for a live interview aired on WhosWho.mt's Facebook page and hosted by business writer and presenter Jo Caruana.
With issues such as the upcoming Moneyval assessment and resulting sweeping reforms of Malta’s AML regulatory oversight, officials from the entity will be covering a wide range of topics.
Shedding light on the FIAU’s day-to-day practices, what Moneyval’s relevance to Malta is and what it is like to work in a highly challenging environment, tomorrow’s edition of The Boardroom will see Deputy Director Alfred Zammit, Senior Manager for Supervision Consuelo Marci and Manager for Guidance & Outreach Clara Borg Bonaci take part.
Alfred Zammit, Deputy Director
Alfred Zammit joined the Unit in 2010. He is responsible for assisting the Director in providing strategic direction to the various sections of the Unit, including the Intelligence Analysis Section, the Supervision and Enforcement section, and the Legal Affairs section. He graduated with a Bachelor of Commerce (Hons) in Management and Economics from the University of Malta.
Consuelo Marzi, Senior Manager, Supervision
Consuelo Marzi oversees the team responsible for supervising Designated Non-Financial Businesses and Professions through various supervisory methods. Prior to joining the FIAU in 2019, Ms Marzi worked in the legal and corporate services sector. She is a UK qualified solicitor and holds a Bachelor of Laws from City, University of London and a Master of Laws from IMO International Maritime Law Institute.
Clara Borg Bonaci, Manager, Guidance & Outreach
Clara Borg Bonaci manages the Guidance and Outreach section within Legal Affairs. This section is responsible for identifying areas for improvement in the implementation of AML/CFT obligations by subject persons, and then addressing these needs through concrete action plans. Dr Borg Bonaci joined the FIAU in 2017 as a Legal and International Relations Officer, and is a warranted lawyer with experience in litigation in the local courts.