MACO is to become the recognised standard-setting body for the accreditation, certification and qualification of knowledge, skills and competences of Compliance Officers serving in the Maltese financial services sector. It will also act as a single professional industry voice on matters
related to compliance in Malta.
MACO Values are as follow:
Issue papers of interest from time to time such as for example on the Role of Compliance Officers in FinServ in Malta
Upkeep of online forum for members. Open platform for third party training activities.
Update circular to members. Training events (for members and non-members) in collaboration with sponsors.
Issue of position papers/reactions to proposed legislation/regulation. Social events.
MoU with MFSA and MITC. Networking with sister Organisations and Associations. Sponsorship
The mission of MACO is to create professional education and knowledge standards for Compliance Officers serving in the Maltese financial services sector, enrich the professional culture and enhance both Maltese and international relations and alliances.
April 19, 2022
Correspondent banking is a vital part of the global economy. But when incorrectly managed, correspondent banking relationships can present considerable financial crime risks. With recent high-profile failings seeing many international banks scale back ...
April 13, 2022
Russia’s invasion of Ukraine has initiated an unprecedented political and humanitarian crisis not seen in Europe since the Second World War. In response, governments worldwide have introduced a massive package of sanctions designed to curtail Russian ...
April 11, 2022
Transaction Monitoring is an area that is constantly in the spotlight. The challenge for a financial institution is to get the balance right of monitoring the accounts of those individuals who are up to no good, but without impacting on the transaction...