Regulatory Compliance Journal

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

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

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...

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

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

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

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

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

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

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

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...

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

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

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

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

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

The European Banking Authority (EBA) published in June 2019 an : Opinion on the elements of strong customer authenticati...

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 ...

20 articles matching financial firms tag

GDPR: inspiring data protection worldwide

Since its inception, the EU’s General Data Protection Regulation (GDPR) has been deemed by experts as the world’s strongest collection of data protection rules. As our online presence increases through social media, digital banking, and other means, nations around the globe have come to re...

Dawn of disruption: predicting AML in the next decade

The exponential growth of technology is leading to the disruption of numerous sectors including telecommunications, robotics, science, and finance. As banks are slowly adapting to high-tech innovations, the world of compliance and AML will face unprecedented changes and challenges in the near ...

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 ...

Diogo Canario da Cunha - Pideeco Member
Diogo Canario da Cunha Computer Scientist Consultant
Ana Pinto - Pideeco Member
Ana Pinto Trainee
Oscar Canario da Cunha - Pideeco Member
Oscar Canario da Cunha Associate Director
Yanis Triaa - Pideeco Member
Yanis Triaa Trainee

More work

EWRA - What is Business overall risk exposure assessment?

EWRA, Compliance, Financial firms, ERM, RBA, Reporting, Top-down, Anti Money Laundering, Audit, Risk, Risk Based Approach, Compliance expert, AML,

The understanding and management of risk by financial institutions, banks, and entities, has improved over the years. Today, stakeholders are more involved, and they demand greater transparency regarding the risks of a company and how the company rea...

KYC Business: tax havens, embargoes & sanctioned countries

Financial Sanctions, OECD, Financial firms, KYC, Compliance, Tax Havens, Red Flags, AML, Risk Based Approach, EU, Corruption, Know your Customer,

Each year we are entitled to different lists about tax havens issued by governments or international organisations, but what is the difference between these lists? In March 2019, the European Union updated its list of non-cooperative tax jurisdi...

Protection of Whistleblowers : What is the EU framework?

Whistleblowing, European Commission, Transparency, Financial firms, Data breach, Money Laundering, Financial Institutions, Data Security, Freedom of information,

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...