Regulatory Compliance Journal

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

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

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

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

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

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

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

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

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

8 articles matching european commission tag

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 ...

AML: What is adverse media or negative news?

The digital era has given KYC analysts unprecedented access to a plethora of information on individuals and companies. Newspaper articles, online blogs, and social media are accessible and filterable with one click and may reveal important news on a financial institution’s customer. However, ...

Financing terrorism: The billion-dollar blood antiquities art dealing

The destruction of the ancient city of Palmyra and the beheading of its Antiquities Chief, Khaled al-Asaad, in 2015 by the hands of the Islamic State of Iraq & Syria (ISIS) are still fresh in the minds of many. Beginning in 2014, the terrorist group has wrecked havoc across the Middle East and...

Environmental Crimes & Money Laundering

The coronavirus pandemic has reinforced the hunger to urge world leaders to take consistent action to fight climate change. The yearning for a profound change and not a “back to normal” has been seen in the past months with the open letter signed by 200 scientists and celebrities published...

How to detect COVID-19 financial crimes?

While the world is on hold, financial crime has not taken a step back amidst the coronavirus emergency. Scammers, money launderers, and fraudsters have begun to exploit the weaknesses in the economy and in the fearful and worried population. As the efforts of law enforcements and regulators h...

Redan El Madani - Pideeco Member
Redan El Madani Trainee
Mary Aspiras - Pideeco Member
Mary Aspiras Trainee
Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant

More work

MiFID, Time for information transparency

Compliance, Financial firms, MIFID, Financial firms,

MiFID (Markets in Financial Instruments Directive) was put into force in November 2007 and was created with the objective of harmonising Europe's financial landscape. This Directive changed how the financial markets worked and especially how they ...

Overview and Summary of the 5th AML Directive - AMLD5

AML, Compliance, KYC, Financial firms, Money Laundering, European Commission, 5AMLD, EU,

In the past few years, many scandals related to money laundering have been recorded. For instance, the Panama Papers have shown how the rich and powerful use tax havens to hide their wealth. Big companies such as UBS and ABN AMRO are suspected of not...

Protection of Whistleblowers : What is the EU framework?

Whistleblowing, European Commission, Transparency, Financial firms, Data breach, Money Laundering,

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...