Issue link: https://maltatoday.uberflip.com/i/1514967
€1.50 THURSDAY 25 JANUARY 2024 • ISSUE 241 WWW.BUSINESSTODAY.COM.MT Remote, land-based gaming sectors in Malta at medium money laundering risk level Maltese technology being used to secure Ghana gold exports PAUL COCKS THE use of virtual financial assets, cash and prepaid cards as payment methods in online and land-based gaming form part of the money laun- dering threat in Malta, according to Malta's 2023 National Risk Assess- ment (NRA), published recently. e NRA accounts for the levels of money laundering and terrorist fi- nancing risk in Malta throughout 2023. It was created in conjunction with the National Coordinating Committee on Combatting Money Laundering and Funding of Terrorism (NCC), as well as government authorities. CONTINUES PAGE 3 SEE EDITORIAL PAGE 9 STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 24 Jan 2024 Number of Trades: 81 Turnover: €528,794.56 MSE TRX Index: 8100.380 Change: -0.186% Name: 4.5% GHM PLC UNS MT0000321225 - Currency € Last Traded: 24 Jan 2024 Price 100.000 Change +2.000 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% GRAND HARBOUR MARINA franksalt.com.mt MALTESE technology supplied to a major gold miner in Ghana has helped ensure the traceability and the secure export of gold bullion to several in- ternational clients. e bag and tag system, using RFID technology and GPS tracking, enables the gold bullion to be tracked from the mine through four different jour- ney stages: to the warehouse; through customs; to the airport; and on to the purchaser. Cameras have also been installed in the bullion vans, both inside and on the exterior (front and rear), to boost security even further. PAGE 5 Increase in passengers, vehicles and trips between Malta and Gozo Between October and December 2023, a total of 10,185 trips were carried out, carrying a total of 1,612,813 passengers. October was the busiest month recording a total of 3,784 trips or 37.2 per cent of total trips for the quarter. A total of 1,440,644 passengers travelled between Mġarr and ġirkewwa during the fourth quarter of 2023, an increase of 9.6 per cent when compared to the corresponding quarter of 2022. Handheld readers use RFID technologu The extensive use of cash in land-based gaming is a money laundering threat