Episode 3: Source of wealth/funds: FIAU clarifies

In this episode, we discuss effective anti-money laundering control. FinanceMalta Chairman Rudolph Psaila speaks with Kenneth Farrugia, Director, and Alexander Mangion, Head of Strategy, Policy, and Quality Assurance of the Financial Intelligence Analysis Unit (FIAU). The FIAU experts outline the difference between the source of wealth and source of funds and explain everything financial services practitioners need to know about AML procedures to verify the origin of a client’s funds.