Mr Farrugia holds a Bachelor of Accountancy (Hons) and a MA in Business Ethics. He is a Certified Public Accountant, a fellow member of the Malta Institute of Accountants (MIA) and a member within the Malta Forum of Internal Auditors (MFIA). Throughout his career Mr Farrugia held audit positions both within private audit firms and the public sector. Prior to joining the FIAU, for nine years up to 2017, he was engaged within the Internal Audit and Investigations Department (IAID) and as from November 2012 he headed the Department as Director General. Mr Farrugia has extensive experience in EU Funds Audits, Internal Audit, Risk Management, Financial Investigations and OLAF Anti-Fraud Coordinating Services (AFCOS) related matters. He provided support to the Internal Audit & Investigations Board (IAIB) to draft policies and procedures, to implement and manage the necessary change programmes and served as Secretary to that Board. Mr Farrugia participated in various meetings, seminars and conferences organised by the European Commission in the fields of auditing and financial investigations.
In 2017, Mr Farrugia joined the FIAU, Malta’s government agency established to combat money laundering and the funding of terrorism. Mr Farrugia provides strategic direction to the various sections of the Unit, including the section responsible for intelligence analysis, the AML/CFT supervisory and enforcement teams of the FIAU, and legal and international relations section. Additionally, Mr Farrugia together with the FIAU Management team initiated a process of reform/restructuring of the FIAU overall operations to better meet the challenges emanating from ML/TF risks in Malta. Mr Farrugia frequently represents the FIAU in international fora including the EBA AMLC, FIU Platform and EGMONT among others.
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