Regulatory Compliance Journal

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

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

With the convenience of online shopping and the ability to purchase goods and services from anywhere in the world, e-com...

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...

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

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

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

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...

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

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

How to conduct KYC on Russian Counterparties ?Doing business with Russian entities in non-sanctioned sectors of the econ...

Businesses are increasingly worried about regulatory costs that arise every time a new legal framework is introduced. Th...

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

The popularity of cryptocurrencies has risen significantly in recent years, with more individuals and businesses using t...

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

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

In 2016, Panama Papers exposed a vast database of 214.000 offshore shell companies used by a variety of individuals and ...

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

20 articles matching KYC tag

How effective are AML fines?

Considered a strong deterrent against financial crime, AML fines seem to be little more than symbolic slaps on the wrist for financial institutions with vast pockets. With trillions of dollars being freely laundered every year and ambiguous structural changes required to effectively combat mone...

How are charities used for money laundering?

As funds flow into the hands of charities, an unsettling question arises: is your donation inadvertently fueling money laundering activities? While the noble intentions behind charitable giving inspires positive change, criminals have exploited the realm of benevolence, using it as a strategic ...

How can AML experts fight trade-base money laundering?

Beneath the seemingly ordinary surface of global commerce, criminals have created an underground world of complex schemes, where legitimate business transactions serve as a smokescreen for their illicit activities. How can anti-money laundering experts stop the flow of illegal funds into the wo...

European Data Protection Authorities Websites [Compiled list]

The protection of privacy has grown to be of utmost importance in a society where our every action is digitally recorded and where personal information is exchanged like an untraceable currency. European Data Protection Authorities (DPAs) have launched a privacy revolution and established the ...

How is artificial intelligence a challenge to GDPR?

In today's data-driven world, the rapid advancement of artificial intelligence (AI) is revolutionizing industries and empowering businesses to unlock unprecedented opportunities. But this changing landscape has given rise to privacy and security issues that demand a hard look at the way AI h...

Mariam Debaisieux - Pideeco Member
Mariam Debaisieux Traineeship
Ahmed Zaoui - Pideeco Member
Ahmed Zaoui Traineeship
Oscar Canario da Cunha - Pideeco Member
Oscar Canario da Cunha Managing Director
Andre Figueira De Carvalho - Pideeco Member
Andre Figueira De Carvalho Junior Consultant

More work

Regulatory Compliance for Insurance and Reinsurance Firms

Reinsurance, Solvency II, PRIIPS, KID, Risk, Financial solvency, Transparency, Reporting, Governance, Ethics, Privacy, FSMA, NBB, Belgium, MiFID2, Insurance,

Insurance/reinsurance companies play an important role for the European economy. Many European countries, among them Belgium, are listed in the top 20 OECD countries with the highest gross insurance premiums, with Belgian premiums reaching around 30...

Outcomes of the FATF October 2019 Plenary Week in Paris

FATF, GAFI, AML, FATF WEEK, Money Laundering, Corruption, Financial Sanctions, Red Flags, Risk Based Approach,

For one week, from the 13th to the 18th October, representatives of 205 countries and jurisdictions, the IMF, UN, World Bank and other organizations (OECD, OSCE, Europol, Egmont Group of Financial Intelligence Units, ...) met in Paris for the Financi...

Which Financial Abuses are associated with Prepaid Cards ?

Money Laundering, NPPS, Financial firms, KYC, AML, Prepaid Cards, Know your Customer, Terrorism Financing, Financial Institutions, Anti Money Laundering, Red Flags,

Lately the 5th Anti-Money Laundering EU Directive (AMLD5) retained a particular interest on innovative instruments of payment, among which Prepaid Cards and digital currencies. In 2013 the Financial Action Task Force (FATF) had raised a non-binding ...