Regulatory Compliance Journal

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

Lately the 5th Anti-Money Laundering EU Directive (AMLD5) retained a particular interest on innovative instruments of pa...

An audit trail (also called audit log) is a relevant chronological recording of actions, a set of files, or the destinat...

MiFID (Markets in Financial Instruments Directive) was put into force in November 2007 and was created with the objectiv...

🎬 Introduction to RegTech and Regulatory ComplianceThe worldwide economic repercussions of the 2008 financial crisis ...

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

The understanding and management of risk by financial institutions, banks, and entities, has improved over the years. To...

MiFID (Markets in Financial Instruments Directive) was put into force in November 2007 and was created with the objectiv...

In today’s financial challenging environment, institutions are exposed to numerous economic abuses making it necessary...

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

Conduct Risk has been the hot topic during the past few years and its scope falls outside the traditional domains of ris...

By targeting approximately 1.7 billion people around the world who do not have access to a traditional bank account, the...

Corporate governance standards are a framework within which operational and behavioural standards for the board, the exe...

In recent years, regulators have begun to scrutinize more closely financial institutions regarding the soundness of thei...

Compliance risk is one of the biggest concerns of the banking industry. Failing to comply can have an impact on the repu...

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

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

Each year we are entitled to different lists about tax havens issued by governments or international organisations, but ...

From an extra pair of hands to the person that advises on strategical decisions and the future of your company. Working...

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

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

20 articles matching financial firms tag

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 ...

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...

Michel Cliquet - Pideeco Member
Michel Cliquet Senior Consultant
Reeva Manalili - Pideeco Member
Reeva Manalili Trainee
Oscar Canario da Cunha - Pideeco Member
Oscar Canario da Cunha Associate Director
Momina Zahra - Pideeco Member
Momina Zahra Junior Consultant

More work

Environmental Crimes & Money Laundering

Environmental, Money Laundering, 6AMLD, EU, Whistleblowing, Green Crime, Red Flags, AML,

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 signe...

The Banking Industry & Regulatory Compliance Requirements

Financial operations, Financial Institutions, Compliance, Financial firms, Top-down, Insurance, Belgium,

Compliance risk is one of the biggest concerns of the banking industry. Failing to comply can have an impact on the reputation of the brand and create a decrease in its customer population. Lack of due diligence in transactions and clients monitoring...

How do criminals launder their money using video games?

Compliance, Know your Customer, Money Laundering, Anti Money Laundering, AML, Cryptocurrencies, Blockchain, Darkweb, Prepaid Cards,

In the past decade, the video game industry has managed to dwarf the film, music, and television sectors. It’s estimated that there are currently 2.5 billion active gamers across the globe who have roughly spent $152.1 billion on games in 2019 al...