The Malta Financial Services Authority (“MFSA”) has become aware of a number of entities that have been targeting Maltese financial services licence holders with offers of training courses which appear to be of a dubious nature. These offers for various training courses in financial services related subjects, including anti-money laundering and FATCA, appear to be similar in nature and all indicate “Valletta” as the venue. There are indications that these may be scam training courses.
The specific entities that we are aware of are as follows:
AMLCFTCOMPLIANCE.ORG – http://www.amlcftcompliance.org
RAVSAN DEMELLO LEGAL – http://www.ravsandemellolegal.com
FATCACOMPLIANCE.ORG – http://www.fatcacompliance.com
IFRSPASS – http://ifrspass.com
ROCKLINE SERVICES LTD – http://www.rocklinefinancials.com
The MFSA is issuing this notice to alert licence holders and to urge licence holders to be vigilant and to conduct due diligence checks on any companies offering training services prior to making advance payments.