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Which Financial Abuses are associated with Prepaid Cards ?

Lately the 5th Anti-Money Laundering EU Directive (AMLD5) retained a particular ...

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The KYC Guide for Russian Professional Counterparties

How to conduct KYC on Russian Counterparties ?Doing business with Russian entiti...

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What are Hawala transactions and how do they work?

In February 2019, another criminal group was arrested in Europe, for laundering ...

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Outcomes of the FATF October 2019 Plenary Week in Paris

For one week, from the 13th to the 18th October, representatives of 205 countrie...

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

What will be the impacts of implementation of the Fourth AML EU Directive (2015/...

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Psd2, Brexit & the rise of payment services market in Belgium

On the 6th of August 2019, the National Bank of Belgium ("NBB") publishe...

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How to remotely identify clients and become PSD2 compliant?

The European Banking Authority (EBA) published in June 2019 an Opinion on the el...

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Open Banking - PSD2: the future of financial services

The future of banking is changing and Open Banking is an emerging trend that wil...

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Financial institutions against money laundering | AML

In recent years, the banking sector in the European Union has been shaken by dif...

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How to implement efficient corporate governance standards ?

Corporate governance standards are a framework within which operational and beha...

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RBA - Risk Based Approach: strengths and weaknesses

In today’s financial challenging environment, institutions are exposed to nume...

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AML EWRA - How to conduct Anti-Money Laundering overall risk assessment?

The Enterprise-Wide Risk Assessment (EWRA) or Overall Risk Assessment has become...

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How important are audit trails for your company?

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AML - Transaction Monitoring & Detection Scenarios

Efficiently fine-tuning AML Transaction Monitoring can help financial firm's compliance teams to increase productivity while carefully avoiding pointless investigations by reducing t...

The UBO Register in practice | Belgium

Is the UBO Register useful during KYC processes?It was a tedious job to complete the UBO Register for companies. There were a number of start-up problems that made it difficult to trans...

Look up company VAT number in Europe

How to find the VAT number of a counterparty or customer ?How can you, as a company or obliged entity, search for the VAT number of a counterparty or customer? Whether you are a comp...

VAT carousel, fiction or truth for financial institutions ?

VAT Carousels - The look back in the transactions For several years there have been occasional stories of VAT carousels that are exposed after the facts and where banks then do a look b...

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The UBO Register in practice | Belgium

Is the UBO Register useful during KYC processes?It was a tedious job to complete the UBO Register for companies. There were a number of start-up problems that made it difficult to transmit all the data on time. We were finally able to do so, but the deadline was extended to September 30, 2019 an...

Inside Content

Outcomes of the FATF October 2019 Plenary Week in Paris

For one week, from the 13th to the 18th October, representatives of 205 countries and jurisdictions, the IMF, UN, World Bank and other organizations (OECD, OSCE, Europol, Egmont Group of Financial Intelligence Units, ...) met in Paris for the Financial Action Task Force (FATF) week. This week chair...

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Oscar Canario da Cunha -  Pideeco Network Partner
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