JOSEPH M SAT ON A WALL; JOSEPH M HAD A GREAT FALL (FROM GRACE); ALL OF FENECH'S HORSES AND ALL OF FENECH'S HENCHMEN COULDN'T PUT JOSEPH TOGETHER AGAIN

                               The Artful Dodger and his  Crew: All Fall Down by COSIMO

Greylisting is "manageable," according to Malta's defrocked prime minister, Joseph Muscat. Considering that his doctorate was allegedly bought, not earned through academic achievement, and therefore his credentials as an economist are as bogus as his record of telling voters the truth, his "considered opinion" is worthless , especially in the face of additional sanctions that have been implemented against Malta since the FATF decision. 

It will get worse, Malta, as other NGOs and international organizations dealing with AML/CFT pile on their own particular version of sanctions. The cumulative result will not be pretty, and you have your "Artful Dodger" to thank for it.  He and his PL mates will be busy spending all their bribe & kickback money in London or New York

What's going to happen to Malta's local banks when American compliance officers designate Malta as too high risk to deal with, and red-line wire transfers over USD$2500, as they have done in the past for "non-cooperative" offshore tax havens ? Their clients will flee en masse to foreign banks, and your country's economy will take a nosedive. Perhaps you want to ignore your personal Public Enemy, and get with the programme prescribed by FATF.

 Of course, the first thing you must do is arrest all your career money launderers, and I know just whom you can start with.