Regulatory Compliance Journal

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

In February of 2022, Transparency International revealed that Russians linked to the Kremlin or with corruption charges...

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

Over the past years, the golden visa has seen a surge in participation in its programmes. But along with its rising popu...

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

Politically exposed persons (PEPs) are individuals who have been entrusted with prominent public functions, such as gove...

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

On the 6th of August 2019, the National Bank of Belgium ("NBB") published a press release announcing that in 20...

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

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

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

Is the UBO Register useful during KYC processes?It was a tedious job to complete the UBO Register for companies. There w...

The future of banking is changing and Open Banking is an emerging trend that will evolve the banking world and lead the ...

How to conduct KYC on Russian Counterparties ?Doing business with Russian entities in non-sanctioned sectors of the econ...

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

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

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

The exponential growth of technology is leading to the disruption of numerous sectors including telecommunications, robo...

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

Despite the consistent efforts adopted by banks to fight money laundering and financial crime, fines for AML breaches ha...

20 articles matching financial institutions tag

What is the impact of the EU whistleblowing legislation?

Whistleblowing became a subject of concern when major consequences produced by Swiss Leaks and Lux Leaks made the case for a change in the European framework. In both cases, the whistleblowers worked for private companies prior to leaking information. If their situation was to repeat now, would...

Why are PEPs under increased scrutiny?

Politically exposed persons (PEPs) are individuals who have been entrusted with prominent public functions, such as government officials, politicians, or high-ranking members of the military. PEPs may also include their family members and close associates. The term "PEP" is often used i...

The hidden costs of golden visas

Over the past years, the golden visa has seen a surge in participation in its programmes. But along with its rising popularity, corruption and AML risks have also seeped into its core. Many argue that citizenship is a public good, not a commodity for the open market. In recent years, the EU an...

What are financial crime threats in the metaverse?

Facebook made a splash in October 2021 when it rebranded itself to Meta and announced an investment of $10 billion to create its own metaverse project. But the tech giant is just a drop in a larger ocean. It is estimated that over 160 companies, including Apple and Google, are also plunging in...

How is real estate used for money laundering?

In February of 2022, Transparency International revealed that Russians linked to the Kremlin or with corruption charges had invested £1.5 billion in the UK property market, mostly through companies held in Britain’s overseas territories and crown dependencies. The findings exposed Great Br...

Oscar Canario da Cunha - Pideeco Member
Oscar Canario da Cunha Managing Director
Stefano Siggia - Pideeco Member
Stefano Siggia Senior Consultant
Drini Vula - Pideeco Member
Drini Vula Senior Consultant
Ruben Constantino David - Pideeco Member
Ruben Constantino David Junior Consultant

More work

Apply a Top-down approach for Regulatory Compliance Ops

Governance, MIFID, Compliance expert, Tone at the Top, Top-down, MiFID2, Audit Findings, Transparency,

A top-down approach highlights the behaviour of regulatory changes in the financial institution and helps the Compliance Officer to build a strong Governance. This principle is also known as “tone at the top” in ethical and responsible business b...

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 is BMR changing the landscape of benchmarks?

Compliance, European Commission, Europe, BMR, Benchmark Regulation, Euribor, , Eonia,

The recent creation of Benchmark Regulation has been the catalyst for a major transition from the old regime of benchmarks towards new and alternative reference rates set to transform the world of finance. In the past years, a global benchmark refor...