Regulatory Compliance Journal

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

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

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

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

Imagine a situation in which the integrity of your organisation is corrupted by personal gain – how would you respond?...

With the rise of environmentally and socially conscious consumers, companies are under more pressure than ever to prove ...

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

Considered a strong deterrent against financial crime, AML fines seem to be little more than symbolic slaps on the wrist...

A top-down approach highlights the behaviour of regulatory changes in the financial institution and helps the Compliance...

9 articles matching audit findings tag

DORA: practical guide for small businesses

Compliance with the Digital Operational Resilience Act (DORA) represents a real challenge for small businesses in the financial sector. Unlike large institutions with dedicated cybersecurity and risk management departments, SMEs often lack specialized resources. They may not even have formal go...

How to detect serious fiscal fraud?

Serious fiscal fraud is not just a legal risk, it’s a direct threat to an organization’s reputation. The stakes are rising as European and national authorities ramp up enforcement under evolving frameworks like the Directive on Administrative Cooperation (DAC), the Anti-Money Laundering Dir...

How will CSDDD impact companies in the EU?

The EU’s Corporate Sustainability Due Diligence Directive (CSDDD) draws a clear legal line between profit and harm. By embedding environmental and human rights due diligence into the core of corporate strategy, the directive redefines what it means to do business responsibly. But what will th...

How to approach de-risking for AML compliance?

Cutting ties to minimize risk might sound smart, but what happens when de-risking goes too far? In 2015, Dr. Iraj Hashi, a U.K.-based economics professor, had his bank accounts abruptly closed after 40 years of banking without any explanation. The most likely reason? His Iranian origin. De-ri...

How can AML professionals detect smurfing?

Small, frequent transactions may seem harmless, but in the world of AML (Anti-Money Laundering), they are a major tool for money laundering. It is therefore essential that financial institutions deploy monitoring systems capable of detecting these suspicious schemes before the funds are integra...

Drini Vula - Pideeco Member
Drini Vula Senior Consultant
Andre Figueira De Carvalho - Pideeco Member
Andre Figueira De Carvalho Senior Consultant
Laetitia Orfila - Pideeco Member
Laetitia Orfila Junior Consultant
Michel Cliquet - Pideeco Member
Michel Cliquet Manager

More work

How to detect serious fiscal fraud?

Fraud, UBO Register, 6AMLD, AMLA, Anti Money Laundering, Caroussel, Fiscal fraud, Transparency,

Serious fiscal fraud is not just a legal risk, it’s a direct threat to an organization’s reputation. The stakes are rising as European and national authorities ramp up enforcement under evolving frameworks like the Directive on Administrative Coo...

The effectiveness of financial sanctions and embargos

Compliance, Europe, Financial Sanctions, Red Flags, Politically Exposed Persons, Russia, Transaction,

Financial sanctions and embargos have long been used by governments and international organizations as a means of applying economic pressure on rogue states in order to achieve political objectives. These measures aim to restrict or cut off the flow ...

KYC Business: tax havens, embargoes & sanctioned countries

Financial Sanctions, OECD, Financial firms, KYC, Compliance, Tax Havens, Red Flags, AML, Risk Based Approach, EU, Corruption, Know your Customer,

Each year we are entitled to different lists about tax havens issued by governments or international organisations, but what is the difference between these lists? In October 2022, the European Union updated its list of non-cooperative tax jurisdi...