Regulatory Compliance Journal

Financial crime and regulatory compliance information for professionals finance, legal and technology enthusiasts

VAT Carousels - The look back in the transactions For several years there have been occasional stories of VAT carousels ...

Politically exposed persons (PEPs) are individuals who have been entrusted with prominent public functions, such as gove...

In February 2019, another criminal group was arrested in Europe, for laundering money through hawala transactions. Based...

On the 6th of August 2019, the National Bank of Belgium ("NBB") published a press release announcing that in 20...

Suspicious Activity Reports (SAR) drafted by financial institutions contain some of the most valuable information availa...

The digital era has given KYC analysts unprecedented access to a plethora of information on individuals and companies. N...

Each year we are entitled to different lists about tax havens issued by governments or international organisations, but ...

In the past few years, many scandals related to money laundering have been recorded. For instance, the Panama Papers hav...

The Enterprise-Wide Risk Assessment (EWRA) or Overall Risk Assessment has become a regulatory obligation from an EU and ...

Facebook made a splash in October 2021 when it rebranded itself to Meta and announced an investment of $10 billion to c...

Efficiently fine-tuning AML Transaction Monitoring can help financial firm's compliance teams to increase productivit...

What will be the impacts of implementation of the Fourth AML EU Directive (2015/849) ?Since 1991, the European Union has...

Lately the 5th Anti-Money Laundering EU Directive (AMLD5) retained a particular interest on innovative instruments of pa...

An audit trail (also called audit log) is a relevant chronological recording of actions, a set of files, or the destinat...

The digital era has given KYC analysts unprecedented access to a plethora of information on individuals and companies. N...

Over the past years, the golden visa has seen a surge in participation in its programmes. But along with its rising popu...

Despite the consistent efforts adopted by banks to fight money laundering and financial crime, fines for AML breaches ha...

How to find the VAT number of a counterparty or customer ?How can you, as a company or obliged entity, search for the VA...

20 articles matching KYC tag

What is the impact of the EU whistleblowing legislation?

Whistleblowing became a subject of concern when major consequences produced by Swiss Leaks and Lux Leaks made the case for a change in the European framework. In both cases, the whistleblowers worked for private companies prior to leaking information. If their situation was to repeat now, would...

Why are PEPs under increased scrutiny?

Politically exposed persons (PEPs) are individuals who have been entrusted with prominent public functions, such as government officials, politicians, or high-ranking members of the military. PEPs may also include their family members and close associates. The term "PEP" is often used i...

The hidden costs of golden visas

Over the past years, the golden visa has seen a surge in participation in its programmes. But along with its rising popularity, corruption and AML risks have also seeped into its core. Many argue that citizenship is a public good, not a commodity for the open market. In recent years, the EU an...

What are financial crime threats in the metaverse?

Facebook made a splash in October 2021 when it rebranded itself to Meta and announced an investment of $10 billion to create its own metaverse project. But the tech giant is just a drop in a larger ocean. It is estimated that over 160 companies, including Apple and Google, are also plunging in...

How is real estate used for money laundering?

In February of 2022, Transparency International revealed that Russians linked to the Kremlin or with corruption charges had invested £1.5 billion in the UK property market, mostly through companies held in Britain’s overseas territories and crown dependencies. The findings exposed Great Br...

Maxime Martens  - Pideeco Member
Maxime Martens Traineeship
Andre Figueira De Carvalho - Pideeco Member
Andre Figueira De Carvalho Junior Consultant
Christian Teixeira Martins - Pideeco Member
Christian Teixeira Martins Junior Consultant
Piet De Vreese - Pideeco Member
Piet De Vreese Managing Director

More work

What is the impact of the EU whistleblowing legislation?

Belgium, Compliance, Data Security, Europe, EU, Whistleblowing, Tax Havens, Personal Data,

Whistleblowing became a subject of concern when major consequences produced by Swiss Leaks and Lux Leaks made the case for a change in the European framework. In both cases, the whistleblowers worked for private companies prior to leaking information...

AML Transaction Monitoring & Detection Scenarios

AML, Transaction Monitoring, Due Diligence, Risk Management, KYC, Financial firms, Anti Money Laundering, Detection Scenarios, RegTech, Risk Based Approach, Compliance expert, Red Flags,

Efficiently fine-tuning AML Transaction Monitoring can help financial firm's compliance teams to increase productivity while carefully avoiding pointless investigations by reducing the amount of false-positive alerts. The revision of AML detect...

How to detect COVID-19 financial crimes?

Know your Customer, Money Laundering, Darkweb, Transaction Monitoring, AML, Transparency, Risk Based Approach, Compliance, Tax Havens, Anti Money Laundering, Compliance expert, FATF, Detection Scenarios,

While the world is on hold, financial crime has not taken a step back amidst the coronavirus emergency. Scammers, money launderers, and fraudsters have begun to exploit the weaknesses in the economy and in the fearful and worried population. As the...