News
MFA EXCO step up fight against money laundering and bad practices in Maltese football
02 May 2021

The Malta Football Association Executive Committee has approved reforms on good governance both at the association as well as club level, president Bjorn Vassallo told a news conference pm Thursday.

Vassallo said that good governance has been at the forefront of his electoral mandate and also ranks high on the association’s new strategy that was unveiled earlier this year.

The MFA chief said that during the meeting the Malta FA Executive Committee discussed the proposal of appointing an advisory board that will tackle the fight against money laundering in football.

“The issue that we discussed most during this meeting was the good governance in the administration of football clubs,” Vassallo said.

“During the meeting it was proposed that an advisory board is appointed to fight money laundering in the game. There will also be a specific unite that ensures that there is a better due diligence system in football.

“All this forms part of an extensive reform in good governance that saw the Malta

FA present a new statute that will lead to new structural powers. All this has received the endorsement of both FIFA and UEFA who fully agree with our plans.”

By Valhmor Camilleri, Sportsdesk, 29 April 2021

Read more at Sportsdesk

RiskScreen: Eliminating Financial Crime with Smart Technology

You can claim CPD minutes for this content, by signing up to our CPD Wallet

FREE CPD Wallet