摘要：In this study, we explore the emerging derisking phenomenon by identifying and analysingthe main factors that are affected by, and the implications of, the derisking process by focusing on thekey drivers and implications of derisking specific to Malta. To do this, we carried out 32 interviewswith individuals who have a good or excellent level of expertise in derisking and administered asurvey, completed by 296 participants who were filtered to ensure their level of expertise, resultingin 285 valid participant surveys. In total, between the interviews and the survey, we had 317 validparticipants. Findings showed that to maximise the effectiveness of derisking, one needs to find theright balance of adequately managing risks without extinguishing business needs. This implies aneed for the regulations to be balanced and proportionate. This study is a relevant contributor tofuture derisking to be conducted in Malta and serves as a benchmark for further studies. Moreover,this research project accentuates the need for increased awareness, knowledge and expertise ofderisking in Malta. Consequently, the provision of education to professionals is important so thatsuch professionals are able to keep abreast with all the latest developments regarding derisking andAML/CFT (antimoney laundering and combatting the financing of terrorism).
关键词：derisking; drivers and implications of derisking; risk management; antimoney laundering (AML); combatting the financing of terrorism (CFT); financial services; Malta; small EU state; proportionality
