VALLETTA (Reuters) – The world’s money laundering and terrorist financing watchdog (FATF) said on Friday that Malta was no longer subject to its increased monitoring process, a decision welcomed by the Mediterranean island’s prime minister. The Paris-based inter-governmental Financial Action Task Force had put Malta on its grey list of untrustworthy jurisdictions in June 2021. It had told the EU’s smallest state to beef up the way it combats tax evasion, bolster information gathering on ultimate beneficial ownership, and improve the way it shares data with local and international authorities. …