BE PREPARED FOR JFSC QUESTION ON MALTA
Further to the MALTA FATF grey list news below and knowing the JFSC took interest in the Cayman when they were grey listed, as noted here
- In March 2021 the JFSC asked:- "Connections to the Cayman Islands to provide their supervisor with their proposed plan of action and timescales for completion by the end of March".
So in anticipation of a possible question from the JFSC you should be checking on any client connections with Malta. Also if you do find a connection you may need to think about EDD
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