Malta's Prime Minister Robert Abela holds a news conference after local media reported that Malta has been greylisted by the global anti-money laundering watchdog, the Financial Action Task Force (FATF), in Valletta, Malta, June 23, 2021. REUTERS/Darrin Zammit Lupi
VALLETTA (Reuters) -Malta has been put on a grey list by the world's money laundering and terrorist financing watchdog (FATF), Prime Minister Robert Abela said on Wednesday, in a move which could seriously damage the island's economy.
Speaking at news conference, Abela said he thought the decision was "unjust" and promised to push ahead with planned reforms aimed at tackling financial wrongdoing.
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