Regulatory Compliance Journal

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

In February of 2022, Transparency International revealed that Russians linked to the Kremlin or with corruption charges...

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

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

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

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

By targeting approximately 1.7 billion people around the world who do not have access to a traditional bank account, the...

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

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

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

The heavy fines imposed on financial institutions for AML deficiencies over the years have frequently fallen short in ac...

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

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

The understanding and management of risk by financial institutions, banks, and entities, has improved over the years. To...

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

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

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

Every year, the freedom of millions of innocent lives are stolen while an illicit river of money continues to flow, conc...

While the world is on hold, financial crime has not taken a step back amidst the coronavirus emergency. Scammers, money...

20 articles matching anti money laundering tag

Decoding DORA: Navigating Operational Resilience in Financial Services

In 2020, the EU introduced a new regulatory framework that would be centered on measures to increase the digitalization of the financial sector. It later would be called the Digital Operational Resilience Act (DORA), and is a part of the Digital Finance Package (DFP), which aims to support inno...

How can criminology help us understand white collar crime?

Though rare in corporate or finance environments, criminology offers valuable insights. Despite "white-collar crime" often costing more than street crime, society tends to overlook it. Analyzing corporate misconduct through a crimilogical lens reveals the dynamics of deceit, power, and ...

Financial greenwashing: the dark links between green bonds and corruption.

Faced with the urgent challenge of climate change, green bonds are emerging as an innovative response to finance sustainable projects and encourage the transition to an environmentally friendly economy. However, the persistent threat of corruption undermines these well-intentioned initiatives, ...

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...

Nnenna Eze - Pideeco Member
Nnenna Eze Traineeship
Nisrine Karafi - Pideeco Member
Nisrine Karafi Traineeship
Chloe Cauchois - Pideeco Member
Chloe Cauchois Junior Consultant
Drini Vula - Pideeco Member
Drini Vula Senior Consultant

More work

How are shell companies used for money laundering?

AML, 5AMLD, Anti Money Laundering, Corruption, Compliance, EU, Ethics, KYC, Money Laundering, Red Flags, Tax Havens,

In 2016, Panama Papers exposed a vast database of 214.000 offshore shell companies used by a variety of individuals and companies for tax evasion, money laundering, and corruption. The scandal sent shockwaves across the world, revealing the detriment...

How is real estate used for money laundering?

6AMLD, Anti Money Laundering, Corruption, Compliance, Due Diligence, Financial Sanctions, Financial Institutions, Know your Customer, 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...

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 ...