Regulatory Compliance Journal

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

Corporate governance standards are a framework within which operational and behavioural standards for the board, the exe...

MiFID (Markets in Financial Instruments Directive) was put into force in November 2007 and was created with the objectiv...

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

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

The European Banking Authority (EBA) published in June 2019 an : Opinion on the elements of strong customer authenticati...

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

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

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

Compliance risk is one of the biggest concerns of the banking industry. Failing to comply can have an impact on the repu...

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

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

The recent creation of Benchmark Regulation has been the catalyst for a major transition from the old regime of benchmar...

Conduct Risk has been the hot topic during the past few years and its scope falls outside the traditional domains of ris...

It did not take long after the entry into force of GDPR on 25th May 2018 for many companies to revise their positions an...

Since its inception, the EU’s General Data Protection Regulation (GDPR) has been deemed by experts as the world’s st...

Each year we are entitled to different lists about tax havens issued by governments or international organisations, but ...

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

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

20 articles matching compliance tag

GDPR: inspiring data protection worldwide

Since its inception, the EU’s General Data Protection Regulation (GDPR) has been deemed by experts as the world’s strongest collection of data protection rules. As our online presence increases through social media, digital banking, and other means, nations around the globe have come to re...

Dawn of disruption: predicting AML in the next decade

The exponential growth of technology is leading to the disruption of numerous sectors including telecommunications, robotics, science, and finance. As banks are slowly adapting to high-tech innovations, the world of compliance and AML will face unprecedented changes and challenges in the near ...

How to write the perfect SAR?

Suspicious Activity Reports (SAR) drafted by financial institutions contain some of the most valuable information available to law enforcement agencies in the fight against financial crime. Yet, the FinCEN Files scandal of 2020 has shown that major banks have consistently failed to write and s...

Why do most AML programs fail?

Despite the consistent efforts adopted by banks to fight money laundering and financial crime, fines for AML breaches have hit an all-time high. In 2020, financial institutions were fined a grand total of $15.13 billion (€12.79 billion) worldwide, a 51.3% increase compared to 2019, with U...

What are the impacts of Financial Data Leaks?

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 journalists in publishing the wrongdoings have ...

Stefano Siggia - Pideeco Member
Stefano Siggia Senior Consultant
Piet De Vreese - Pideeco Member
Piet De Vreese Managing Director
Oscar Canario da Cunha - Pideeco Member
Oscar Canario da Cunha Associate Director

More work

MiFID: Time for information transparency

Financial firms, MIFID, Financial firms, Investment Funds, UCITS, MiFID2, ESMA, PRIIPS, Transparency, Compliance,

MiFID (Markets in Financial Instruments Directive) was put into force in November 2007 and was created with the objective of harmonising Europe's financial landscape. This Directive changed how the financial markets worked and especially how they ...

Apply a Top-down approach for Regulatory Compliance Ops

Governance, MIFID, Compliance expert, Tone at the Top, Top-down, MiFID2, Audit Findings, Transparency,

A top-down approach highlights the behaviour of regulatory changes in the financial institution and helps the Compliance Officer to build a strong Governance. This principle is also known as “tone at the top” in ethical and responsible business b...

AML Transaction Monitoring & Detection Scenarios

AML, Transaction Monitoring, Due Diligence, Risk Management, KYC, Financial firms, Anti Money Laundering, Detection Scenarios, RegTech, Risk Based Approach, Compliance expert, Red Flags,

Efficiently fine-tuning AML Transaction Monitoring can help financial firm's compliance teams to increase productivity while carefully avoiding pointless investigations by reducing the amount of false-positive alerts. The revision of AML detect...