BOV official addresses money laundering conference

John Scicluna, manager at Bank of Valletta's Compliance Unit, has returned from a two-day International Money Laundering Prevention conference held in Budapest by Marcus Evans. Mr Scicluna was one of the main speakers.He spoke about customer due...

John Scicluna, manager at Bank of Valletta's Compliance Unit, has returned from a two-day International Money Laundering Prevention conference held in Budapest by Marcus Evans. Mr Scicluna was one of the main speakers.

He spoke about customer due diligence systems and on developing strategies within the financial institution to prevent money laundering with specific reference to Bank of Valletta.

The conference reviewed practical and regional money laundering challenges and discussed new money laundering trends and associated techniques to prevent such illegal activity.

The impact of the Third EU Money Laundering Directive and other topics of general interest for financial institutions involved in the fight against money laundering and financing of terrorism were also discussed.

This was the second time that Mr Scicluna had been invited to address the conference.


Sign up to our free newsletters

Get the best updates straight to your inbox:

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.