Diligex hosted a Q&A Info Session with the participation of the Malta Sanctions Monitoring Board (SMB) and Cedar Rose. The event, titled The Sanctions Trade Risk & Compliance Business Breakfast, was designed to highlight the growing importance of sanctions compliance across both regulated and non-regulated sectors. The session adopted a practical approach and included dedicated time for audience Q&A.
Find link to event agenda here.
The following is a non-exhaustive collation presented as a reference list concerning national and EU sanctions:
Malta Sanctions Monitoring Board (SMB)
SMB Website: www.smb.gov.mt
SMB Guidance and Additional Material: https://smb.gov.mt/guidance-and-additional-material/
Guidance on the Determination of Ownership and Control from a Sanctions Implementation Perspective: https://smb.gov.mt/wp-content/uploads/2024/05/SMB-Ownership-and-Control-31052024.pdf
Guidance Note on the Responsibility for Non-Subject Persons under The National Interest Enabling Powers Act: https://smb.gov.mt/wp-content/uploads/2023/03/Guidance-Note-on-the-Responsibility-for-Non-Subject-Persons-under-The-National-Interest-Enabling-Powers-Act.pdf
EU sanctions
Interactive overview of all EU sanctions regimes: https://www.sanctionsmap.eu
Dashboard | EU sanctions tracker – https://data.europa.eu/apps/eusanctionstracker/
Consolidated list of persons, groups and entities subject to EU financial sanctions – https://data.europa.eu/data/datasets/consolidated-list-of-persons-groups-and-entities-subject-to-eu-financial-sanctions?locale=en
Council Regulation (EU) 2025/395 of 24 February 2025 amending Regulation (EU) No 833/2014: https://smb.gov.mt/sanctions-under-ukraine-territorial-integrity-regime/council-regulation-eu-2025-395-of-24-february-2025-amending-regulation-eu-no-833-2014/
Legal & Regulatory Resources
CHAPTER 365 NATIONAL INTEREST (ENABLING POWERS) ACT: https://legislation.mt/eli/cap/365/eng/pdf
Parliament of Malta Bill 145: https://parlament.mt/en/14th-leg/motions/motion-no-389-national-interest-enabling-powers/
Practical Tools
Cedar Rose: https://www.cedar-rose.com
