Suspicious Transaction Reporting – Obligations and Quality

During this session, officers from the FIAU’s Intelligence Analysis section will explain the framework surrounding the obligation to report, sector specific red flags, case studies and what constitutes a good quality report. Moreover, the officers will shed light on the procedure followed by the FIAU upon the receipt of reports.

Speakers: Ms Chantiane Said and Mr Mark Magro (from FIAU)

Speaker Biographies:

Chantiane Said, Manager of the Processing and Prioritisation team, is responsible for managing the flow of incoming STRs and their preliminary analysis, overseeing the team’s effectiveness and efficiency, and providing assistance during ad hoc projects. Having a Certified Public Accountant warrant and a Practising Certificate in Auditing as an auditor with one of the big four firms, Ms Said joined the Unit in 2017 as an Intelligence Analyst. She graduated in 2014 with a Master in Accountancy from the University of Malta and in 2019 obtained additional certification as an Anti-Money Laundering Specialist from the Association of Certified Anti-Money Laundering Specialists (ACAMS).

Mark Magro is a Senior Officer within the Analysis section of the FIAU, where he forms part of the Operations team. Mark joined the FIAU in 2018 as an Intelligence Analyst and previously, he held a position in the banking industry. Mark holds a Bachelor of degree (with Honours) in Criminology from the University of Malta and in 2019 obtained an additional certification as an Anti-Money Laundering Specialist from the Association of Certified Anti-Money Laundering Specialists (ACAMS).