MBR’s launch of the API packages for Subject Persons
The MBR has released new API packages to help Subject Persons automate corporate data retrieval and compliance processes. The tool is aimed at enhancing the efficiency of due diligence and regulatory monitoring.
The Malta Business Registry has introduced new API packages specifically tailored for Subject Persons. This development is designed to automate the retrieval of corporate data, supporting anti-money laundering (AML) and know-your-customer (KYC) obligations.
These API packages allow for seamless integration between the MBR’s registry and the internal systems of professionals such as accountants, auditors, and legal practitioners. This automation is expected to significantly reduce the time spent on manual data entry and due diligence checks.
- Automated access to real-time company registry data for compliance.
- Improved efficiency for firms performing regular AML and KYC checks.
- Reduced risk of manual error when gathering corporate information.
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