Regulatory Compliance Journal

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

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

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

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

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

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

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

On the 6th of August 2019, the National Bank of Belgium ("NBB") published a press release announcing that in 20...

What is DLU and how has it evolved through the years?DLU stands for "Déclaration Libératoire Unique", which is...

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

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

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

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

12 articles matching compliance expert 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...

Laetitia Orfila - Pideeco Member
Laetitia Orfila Traineeship
Nnenna Eze - Pideeco Member
Nnenna Eze Traineeship
Nisrine Karafi - Pideeco Member
Nisrine Karafi Traineeship
Ana Pinto - Pideeco Member
Ana Pinto Traineeship

More work

Dawn of disruption: predicting AML in the next decade

AML, Compliance, Darkweb, Data breach, Due Diligence, Digital, Data Security, Financial Institutions, Know your Customer, Money Laundering, RegTech, FinTech, Risk,

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 unpr...

RBA - Risk Based Approach: strengths and weaknesses

RBA, Risk Based Approach, Risk, Financial firms, AML, Conduct Risk, Risk Management, GAFI, Financial Institutions, Due Diligence, EWRA, Anti Money Laundering, Compliance, Terrorism Financing,

In today’s financial challenging environment, institutions are exposed to numerous economic abuses making it necessary to activate preventive measures to decrease the risks. Among these, money laundering (ML), terrorist financing (TF), corruption, ...

How is money laundered through football?

AML, Corruption, Money Laundering, Anti Money Laundering, Ethics, Know your Customer, Due Diligence, Compliance, 5AMLD, Red Flags,

In May 2015, the biggest scandal in football history (known as “FIFA Gate”) led to seven FIFA executives being arrested in Zurich. The accusations focused on the use of bribery, fraud, and money laundering to rig the $150 million media and market...