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BUSINESS TODAY 26 October 2023

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€1.50 THURSDAY 26 OCTOBER 2023 • ISSUE 229 WWW.BUSINESSTODAY.COM.MT PAGE 3 PAGE 5 Salaries saw 5.4% average increase in past year - study Suspicious transaction reports up 19% in 2022, FIAU says PAUL COCKS ACCORDING to misco's 2023/2024 Sal- aries and Benefits Report, the past year witnessed significant increases in sala- ries across all sectors in Malta, with an average rise of 5.4%. Sales and marketing positions saw the highest average increase at 6.7%, fol- lowed by IT positions (6.6%), finance po- sitions (5.3%), and positions in legal and compliance (4.4%). "Our Salaries and Benefits Report con- tinues to assist professionals in establish- ing appropriate compensation levels for their workforce," Joanne Bondin, Direc- tor at misco, said. STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 25 Oct 2023 Number of Trades: 65 Turnover: € 14,095,816.28 MSE TRX Index: 7653.188 Change: -0.217% Name: 4% MIDI PLC EUR MT0000421223 - Currency € Last Traded: 25 Oct 2023 Price 99.950 Change +4.920 US Dollar 1.0522 British Pound: 0.86477 Japanese Yen: 144.59 Australian Dollar: 1.5451 Swiss Franc: 0.98700 7,613.67 78.12 7,613.39 / 7,312.00 Value Net variation High / Low +0.86% GasanZammit Motors Ltd., Triq il-Merghat, Zone 1, Central Business District, Birkirkara CBD 1020 Tel: 27788225 email: | The Volvo XC60 NICOLE MEILAK OVER 8,700 suspicious transaction re- ports were filed across financial sectors in 2022, up 19% from the previous year, according to the FIAU's latest annual re- port. e report shows that, from the 8,700 suspicious reports filed in 2022, around 58% of those reports were filed by re- mote gaming companies. Suspicious transaction reports (STR) are received by the anti-money launder- ing agency from banks, legal profession- als, gaming companies, casinos, or real estate agencies, when large amounts of money and their source cannot be ac- counted for.

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