Regulatory Compliance Journal

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

On November 12, 2018, the European Parliament issued new rules to strengthen the fight against money laundering through ...

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

In an era where technology evolves at a rapid pace, criminals are quick to adapt, developing increasingly sophisticated ...

Is the UBO Register useful during KYC processes?It was a tedious job to complete the UBO Register for companies. There w...

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

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

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

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

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

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

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

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

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

In the world of finance, gatekeepers such as accountants, and lawyers are meant to safeguard against financial crime. Ye...

From an extra pair of hands to the person that advises on strategical decisions and the future of your company, consulta...

Since 1991, the European Union has regularly updated and released new anti-money laundering directives to adapt to and b...

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

20 articles matching aml tag

Virtual IBANs: a new weapon for cybercriminals?

From global payments to local efficiency, virtual IBANs are redefining how businesses handle their money. But as with any financial innovation, they come with potential risks, including exposure to fraud, regulatory complexities, and cybersecurity vulnerabilities that demand careful management....

AMLA in action: strengthening AML efforts

Europe has stepped up a gear in the fight against money laundering and the financing of terrorism, with the creation in 2021 of the AMLA, also known as the European Anti-Money Laundering Authority. Money laundering and the financing of terrorism (ML/FT) is a long-standing phenomenon, which has ...

How the EU’s DSA and DMA are redefining digital platform regulations

The Big Four of technology—Google, Amazon, Facebook, and Apple—have become integral to our daily lives, influencing everything from simple online searches to the handling of our personal data. With their growing dominance and impact, these internet giants wield a level of power that has pl...

SEPA Instant Payments : understanding the requirements and deadlines of regulation 2024/886

The silent payments revolution is finally upon us. With the first compliance date of Regulation 2024/886 set for January 09, 2025, instant payments are set to become an integrated part of day-to-day banking. The Instant payment regulation (IPR) was voted on 13/03/24 and was effective by 08/04...

How are gatekeepers used for money laundering?

In the world of finance, gatekeepers such as accountants, and lawyers are meant to safeguard against financial crime. Yet, these very players can sometimes become unwitting—or even complicit—partners in money laundering schemes. The expertise that makes these professionals indispensable to ...

Stefano Siggia - Pideeco Member
Stefano Siggia Senior Consultant
Mariam Debaisieux - Pideeco Member
Mariam Debaisieux Junior Consultant
Drini Vula - Pideeco Member
Drini Vula Senior Consultant
Yassmina Berrayah - Pideeco Member
Yassmina Berrayah Traineeship

More work

What are the impacts of Financial Data Leaks?

Politically Exposed Persons, 6AMLD, DPA, Transparency, Data Security, Know your Customer, European Commission, Data breach, Digital, Money Laundering, Corruption,

In the past decade, a series of leaks from insider sources have shed light on the complex systems of money laundering, tax evasion, and fraud perpetrated by certain countries and wealthy individuals. The profound work carried out by international jo...

Google can choose to not apply the right to be forgotten globally

Google, GDPR, Privacy, European Court of Justice, EU, Personal Data, Freedom of information, Preliminary ruling, Europe, Data Protection Authority, Transparency, Digital,

On 24 September 2019 the European Court of Justice (ECJ) released a preliminary decision according to which Google is not bound to apply the "right to be forgotten" or "de-referencing" globally. Google preliminary ruling caseIn May 2015, the Fren...

How will the EU AI Act impact financial services?

Artificial Intelligence, Financial Institutions, RegTech, Risk Based Approach, Transparency, Compliance, EU, European Commission, FinTech,

In 2017, the European Council emphasized the need to address artificial intelligence (AI) trends while maintaining high standards for data protection and ethics. By 2023, concerns about ChatGPT's misuse led to Italy's temporary ban. The Europea...