When a bunch of money-centric businesses move in, like gambling, finance, or cryptocurrency, it’s important to keep everything well supervised. That’s what the European Commission has recently informed Malta, asking it to step up its anti-money laundering enforcement effort, reports Malta Today.

The motivation for the Commission to specifically address Malta on this issue was the recently growth of the island state’s gambling and financial industries, specifically in the area of cryptocurrency operators. They wrote:

“Governance shortcomings, particularly in the fight against corruption, may also adversely affect the business environment and weigh negatively on investment. In particular, there is a risk of conflict of interest at various levels of government.”

The advice comes with some compliments though, suggesting that while Malta might need to do more, it’s already moving in the right direction. “The recent increase in the human and budgetary resources of the Financial Intelligence Analysis Unit as well as the enhancement of its procedures and processes are positive steps,” they wrote.