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...

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

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

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

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

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

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

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

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...

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

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

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

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

14 articles matching european commission 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 ...

Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant
Kenza Kibour - Pideeco Member
Kenza Kibour Traineeship
Drini Vula - Pideeco Member
Drini Vula Senior Consultant
Ruben Constantino David - Pideeco Member
Ruben Constantino David Junior Consultant

More work

Open Banking - PSD2: the future of financial services

FinTech, Financial Institutions, PSD2, NPPS, EU, Facebook, Europe,

The future of banking is changing and Open Banking is an emerging trend that will evolve the banking world and lead the sector to a digital era. Open Banking transition explainedAccording to the definition provided by "Open Banking Europe", the t...

6th AML Directive (AMLD6) : The European Harmonization

AML, Financial Sanctions, European Commission, Financial firms, 6AMLD, Compliance, Money Laundering, Europe, EU, Environmental, Anti Money Laundering, Green Crime,

On November 12, 2018, the European Parliament issued new rules to strengthen the fight against money laundering through the 6th EU Money Laundering Directive (2018/1673). Member States have until 3 December 2020 to transpose the Sixth AML Directive a...

How to book a good consultant for your projects?

Governance, Compliance, Procurement, Know your Customer, Financial Institutions, Compliance expert, FinTech, Audit Findings, Consultant, AML, Financial firms,

From an extra pair of hands to the person that advises on strategical decisions and the future of your company, consultants have become an important and integral part of companies and financial institutions all over world. The consultancy industry h...