Malta’s financial regulator has widened the scope of its activities to cover a broader range of financial crimes. In a strategy document released Wednesday, the Malta Financial Services Authority (MFSA) said that in addition to anti-money laundering and counter-terrorism financing activities, it would now focus on a “broader financial crime compliance framework”. CEO Kenneth Farrugia said the strategy “sets out a clear and structured approach to strengthening financial crime compliance across the sector”. “By adopting a risk-based, outcomes-driven framework and enhancing collaboration at both national and European level, we are reinforcing the resilience and integrity of Malta’s financial system.” The authority said it would strive to make “systematic use” of EU regulatory frameworks governing crypto assets and IT security.