Maltese regulator calls for ‘effort’ to leave AML grey list
Joe Gavin was brought in to lead MFSA after predecessor resigned over corruption allegations
The Malta Financial Services Authority’s chief executive said the country will need “a lot of effort” to come off an international anti-money laundering grey list.
The MFSA board appointed former Central Bank of Ireland official Joe Gavin to the role in September, after his predecessor resigned amid allegations of corruption. A specially convened independent search committee, chaired by the Italian economist and former International Monetary Fund official Carlo Cottarelli, recommended Gavin for
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