€1.50
THURSDAY 5 JANUARY 2023 • ISSUE 187
WWW.BUSINESSTODAY.COM.MT
PAGE 5
PAGE 2
PAGE 3
€3.1 million in fines by FIAU
for companies under Money
Laundering Act in 2022
Apple's market
value slips
below $2 trillion
National Lottery
to boost IZI
Group's revenue
up to €77 million
in 2023
PAUL COCKS
IN 2022, the Financial Intelligence
Analysis Unit (FIAU) issued more than
€3.1 million in fines to companies and
individuals found to be in breach of the
Prevention of Money Laundering Act.
Of those more than €2.75 million were
fines issued to 30 companies or individ-
uals. e remained were administrative
penalties issued for late or non-compli-
ance with FIAU requests or directives.
e FIAU is the national central agen-
cy in Malta that is responsible for the
collection, collation, processing, anal-
ysis and dissemination of information
to combat money laundering and the
funding of terrorism.
In most of the cases, the FIAU found
that the companies' business risk assess-
ment was not comprehensive and did
not provide the criteria used to identify
specific scenarios.
STAR PERFORMER MSE FTSE 100
EUR EXCHANGE RATES
Trading Date: 4 Jan 2023
Number of Trades: 99
Turnover: € 563,088.93
MSE TRX Index: 7,461.31
Change: 7,553.12 (3.610%)
Name: 3.75% TMF SEC BDS
MT0002271204 - Currency €
Last Traded: 4 Jan 2023
Price 95.000
Change +4.500
US Dollar 1.0388
British Pound: 0.86477
Japanese Yen: 144.59
Australian Dollar: 1.5451
Swiss Franc: 0.98700
7,587.67
75.67
7,592.39 / 7,512.00
Value
Net variation
High / Low
+1.01%
