Regulatory Compliance Journal

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

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

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

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

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

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

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...

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

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

11 articles matching due diligence 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 ...

Christian Teixeira Martins - Pideeco Member
Christian Teixeira Martins Junior Consultant
Andre Figueira De Carvalho - Pideeco Member
Andre Figueira De Carvalho Junior Consultant
Thomas Turcksin - Pideeco Member
Thomas Turcksin Junior Consultant
Oscar Canario da Cunha - Pideeco Member
Oscar Canario da Cunha Associate Director

More work

How is BMR changing the landscape of benchmarks?

Compliance, European Commission, Europe, BMR, Benchmark Regulation, Euribor, , Eonia,

The recent creation of Benchmark Regulation has been the catalyst for a major transition from the old regime of benchmarks towards new and alternative reference rates set to transform the world of finance. In the past years, a global benchmark refor...

EU proposals: cross-border distribution of investment funds

UCITS, AIFs, Capital Markets Union, ESMA, European Commission, EU, MIFID, Investment Funds, MiFID2,

A Proposal for a Directive which will amend, the Directive 2009/65/EC (UCITS IV Directive) and the Directive 2011/61/EU (AIFMD), was adopted on 12 March 2018 by the European Commission. The aim of the new Directive will be to facilitate the cross-bo...

Protection of Whistleblowers : What is the EU framework?

Whistleblowing, European Commission, Transparency, Financial firms, Data breach, Money Laundering, Financial Institutions, Data Security, Freedom of information,

On March 12 2019, the European Parliament and European Union Member States made a provisional agreement on how to protect whistleblowers. This new agreement guarantees a higher level of protection for whistleblowers than the level given in the origin...