Articles spotlight

The rising cost of regulatory compliance for financial institutions

Businesses are increasingly worried about regulatory costs that arise every time...

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Articles spotlight

Psd2, Brexit & the rise of payment services market in Belgium

On the 6th of August 2019, the National Bank of Belgium ("NBB") publishe...

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Articles spotlight

How to implement efficient corporate governance standards ?

Corporate governance standards are a framework within which operational and beha...

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What are Hawala transactions and how do they work?

In February 2019, another criminal group was arrested in Europe, for laundering ...

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Articles spotlight

GDPR Privacy Update: Fines, penalties and recent sanctions

It did not take long after the entry into force of GDPR on 25th May 2018 for man...

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Articles spotlight

Intro to DLU4: Foreign accounts and Fiscal Regularisation

What is DLU and how has it evolved through the years?DLU stands for "Déclar...

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Articles spotlight

Overview and Summary of the 5th AML Directive - AMLD5

In the past few years, many scandals related to money laundering have been recor...

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EWRA - What is Business overall risk exposure assessment?

The understanding and management of risk by financial institutions, banks, and e...

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How do criminals launder their money using video games?

In the past decade, the video game industry has managed to dwarf the film, music...

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Articles spotlight

AML Transaction Monitoring & Detection Scenarios

Efficiently fine-tuning AML Transaction Monitoring can help financial firm's ...

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Articles spotlight

KYC Business: tax havens, embargoes & sanctioned countries

Each year we are entitled to different lists about tax havens issued by governme...

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Articles spotlight

The Banking Industry & Regulatory Compliance Requirements

Compliance risk is one of the biggest concerns of the banking industry. Failing ...

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How to detect coronavirus scams and 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 ...

How and why to embed AML Lookbacks within financial firms?

In recent years, regulators have begun to scrutinize more closely financial institutions regarding the soundness of their AML/CTF program, dissecting the nuts and bolts of their procedu...

How do criminals launder their money using video games?

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 th...

How is BMR changing the landscape of benchmarks?

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 t...

How do criminals launder their money using the Dark Web?

Drug trade and illegal markets on the dark web have grown exponentially. Criminals are finding new and original ways to launder money generated from their illicit activities. The dark ...

Pideeco spotlight

The UBO Register in practice | Belgium

Is the UBO Register useful during KYC processes?It was a tedious job to complete the UBO Register for companies. There were a number of start-up problems that made it difficult to transmit all the data on time. We were finally able to do so, but the deadline was extended to September 30, 2019 an...

Inside Content

What are Hawala transactions and how do they work?

In February 2019, another criminal group was arrested in Europe, for laundering money through hawala transactions. Based on the Europol press release, the cooperation between French and Italian police led to the arrest of 19 suspects. Algerian authorities also seized gold for almost the equivalent ...

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Oscar Canario da Cunha -  Pideeco Network Partner
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