Regulatory Compliance Journal

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

The coronavirus pandemic has reinforced the hunger to urge world leaders to take consistent action to fight climate chan...

In recent years, the banking sector in the European Union has been shaken by different scandals related to money launder...

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

In today’s financial challenging environment, institutions are exposed to numerous economic abuses making it necessary...

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

As funds flow into the hands of charities, an unsettling question arises: is your donation inadvertently fueling money l...

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

In recent years, regulators have begun to scrutinize more closely financial institutions regarding the soundness of thei...

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

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

Drug trade and illegal markets on the dark web have grown exponentially. Criminals are finding new and original ways to ...

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...

For one week, from the 13th to the 18th October, representatives of 205 countries and jurisdictions, the IMF, UN, World ...

In May 2015, the biggest scandal in football history (known as “FIFA Gate”) led to seven FIFA executives being arres...

In the past decade, the video game industry has managed to dwarf the film, music, and television sectors. It’s estim...

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

Beneath the seemingly ordinary surface of global commerce, criminals have created an underground world of complex scheme...

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

20 articles matching aml tag

What can be done to improve the efficiency of AML fines?

The heavy fines imposed on financial institutions for AML deficiencies over the years have frequently fallen short in achieving their goals. This inefficiency is manifest in the repeat offending of such banks, the heavy burden it places on them, and the lack of improvement in the AML system. A ...

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 ...

Michel Cliquet - Pideeco Member
Michel Cliquet Senior Consultant
Diogo Canario da Cunha - Pideeco Member
Diogo Canario da Cunha Senior Consultant
Kenza Kibour - Pideeco Member
Kenza Kibour Traineeship
Omar Morabet Chergui - Pideeco Member
Omar Morabet Chergui Traineeship

More work

What is good corporate governance?

Conduct Risk, Governance, Compliance expert, Compliance, Financial firms, Financial Institutions, Consultant,

Corporate governance standards are a framework within which operational and behavioural standards for the board, the executive management and the wider staff are set. Hierarchy in harmony. It comes largely with an accountability movement, better mana...

What are worldwide AML regulations for cryptocurrency ?

5AMLD, AML, Blockchain, Compliance, Digital, Cryptocurrencies, Due Diligence, EU, Europe, FATF, GAFI, KYC, Money Laundering, Terrorism Financing, Risk,

The popularity of cryptocurrencies has risen significantly in recent years, with more individuals and businesses using them for a variety of purposes, including international money transfers and online purchases. In order to protect the integrity of ...

GDPR Privacy Update: Fines, penalties and recent sanctions

GDPR, Data Security, Data breach, Financial Sanctions, Compliance, Financial firms, Privacy, Personal Data, European Commission, EU,

It did not take long after the entry into force of GDPR on 25th May 2018 for many companies to revise their positions and business priorities following their initial scepticism towards the penalties that were to be imposed by the new regulation. The...