On Saturday 30 June, the Malta Financial Services Authority (MFSA) announced that it has officially asked the European Central Bank (ECB) to withdraw the licence from the bank Pilatus, which has been accused of money laundering and other financial crimes. The bank was a frequent target of the anti-corruption investigative journalist Daphne Caruana Galizia, who was murdered last year (see EUROPE 11885).
In a press release, the Maltese authority refers to the indictment of the bank's...