Regulatory Compliance Journal

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

In the past decade, a series of leaks from insider sources have shed light on the complex systems of money laundering, t...

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

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

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

In recent years, the banking sector in the European Union has been shaken by different scandals related to money launder...

In 2017, the European Council emphasized the need to address artificial intelligence (AI) trends while maintaining high ...

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

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

On March 12 2019, the European Parliament and European Union Member States made a provisional agreement on how to protec...

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

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

With the convenience of online shopping and the ability to purchase goods and services from anywhere in the world, e-com...

A Proposal for a Directive which will amend, the Directive 2009/65/EC (UCITS IV Directive) and the Directive 2011/61/EU...

VAT Carousels - The look back in the transactions For several years there have been occasional stories of VAT carousels ...

In the contemporary political and economic landscape, relations between Russia and the European Union (EU) are a theater...

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

16 articles matching european commission tag

How to improve compliance culture?

A strong compliance culture helps to establish the foundation for a lasting positive impact for a company, its employees, and its clients by achieving ethical practices, clear values, and the respect of local and international legislation. Despite its benefits and legal necessity, most companie...

How to set up a conflict of interest program

Imagine a situation in which the integrity of your organisation is corrupted by personal gain – how would you respond? In the field of business ethics, a strong conflict of interest program is the cornerstone that keeps an organization's reputation intact. With it, transparency isn't ju...

How will the EU AI Act impact financial services?

In 2017, the European Council emphasized the need to address artificial intelligence (AI) trends while maintaining high standards for data protection and ethics. By 2023, concerns about ChatGPT's misuse led to Italy's temporary ban. The European Union (EU) is now working on the AI Act to ...

How to conduct KYC on companies

Corporate entities, with their complex networks and multifaceted operations, can become havens for criminal activity. Illicit money and unlawful actions can be hidden within layers of transactions across subsidiaries and partnerships, obscure beneficial owners, and dubious front businesses. How...

How has Russia circumvented sanctions?

In the contemporary political and economic landscape, relations between Russia and the European Union (EU) are a theater where complex games of power, influence and rivalry are played out. At the heart of these interactions are sanctions, instruments often used to express disagreement, inflict ...

Ruben Constantino David - Pideeco Member
Ruben Constantino David Junior Consultant
Jihane Ayasinen - Pideeco Member
Jihane Ayasinen Traineeship
Michel Cliquet - Pideeco Member
Michel Cliquet Senior Consultant
Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant

More work

The rising cost of regulatory compliance for financial institutions

Compliance, Financial firms, Financial operations, Governance, Due Diligence, EWRA, KYC, AML, GDPR, Europe,

Businesses are increasingly worried about regulatory costs that arise every time a new legal framework is introduced. The stakeholders fear that the cost of compliance will cut the growth of businesses and will lead to very restrictive business envir...

How are ESG-related assets used for greenwashing?

Audit Findings, Compliance, Europe, Environmental, Green Crime, MiFID2, OECD, UCITS, Transparency, Reporting, Financial firms, MIFID,

With the rise of environmentally and socially conscious consumers, companies are under more pressure than ever to prove their commitment to sustainability and ethical practices. In recent years, environmental, social, and corporate governance (ESG) h...

How effective are AML fines?

Anti Money Laundering, Audit Findings, Compliance, Due Diligence, Financial Institutions, Financial firms, Money Laundering, Risk Based Approach,

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 structura...