Regulatory Compliance Journal

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

In February 2019, another criminal group was arrested in Europe for laundering money through hawala transactions. Based ...

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

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...

The exponential growth of technology is leading to the disruption of numerous sectors including telecommunications, robo...

The digital era has given KYC analysts unprecedented access to a plethora of information on individuals and companies. N...

The popularity of cryptocurrencies has risen significantly in recent years, with more individuals and businesses using t...

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

Over the past years, the golden visa has seen a surge in participation in its programmes. But along with its rising popu...

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

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

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

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

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

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

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

Businesses are increasingly worried about regulatory costs that arise every time a new legal framework is introduced. Th...

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

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

19 articles matching due diligence tag

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...

How are charities used for money laundering?

As funds flow into the hands of charities, an unsettling question arises: is your donation inadvertently fueling money laundering activities? While the noble intentions behind charitable giving inspires positive change, criminals have exploited the realm of benevolence, using it as a strategic ...

How can AML experts fight trade-base money laundering?

Beneath the seemingly ordinary surface of global commerce, criminals have created an underground world of complex schemes, where legitimate business transactions serve as a smokescreen for their illicit activities. How can anti-money laundering experts stop the flow of illegal funds into the wo...

European Data Protection Authorities Websites [Compiled list]

The protection of privacy has grown to be of utmost importance in a society where our every action is digitally recorded and where personal information is exchanged like an untraceable currency. European Data Protection Authorities (DPAs) have launched a privacy revolution and established the ...

Maxime Martens  - Pideeco Member
Maxime Martens Traineeship
Manon Rase - Pideeco Member
Manon Rase Traineeship
Omar Morabet Chergui - Pideeco Member
Omar Morabet Chergui Traineeship
Jihane Ayasinen - Pideeco Member
Jihane Ayasinen Traineeship

More work

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...

How do human traffickers launder money?

6AMLD, Anti Money Laundering, Due Diligence, Ethics, FATF, Money Laundering, Know your Customer, Risk Based Approach, Transaction Monitoring,

Every year, the freedom of millions of innocent lives are stolen while an illicit river of money continues to flow, concealed by sophisticated laundering strategies. These intertwined underworlds not only rob human dignity but pose a formidable chall...

AML - KYC : Impacts of the 4th AML Directive (AMLD4)

Compliance, Financial firms, KYC, AML, Financial Sanctions, Politically Exposed Persons, Europe, EU, European Commission, Anti Money Laundering,

What will be the impacts of implementation of the Fourth AML EU Directive (2015/849) ?Since 1991, the European Union has regularly implemented new anti-money laundering directives. On the 20th of May 2015, the European Parliament and the Council issu...