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...

Suspicious Activity Reports (SAR) drafted by financial institutions contain some of the most valuable information availa...

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

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

As funds flow into the hands of charities, an unsettling question arises: is your donation inadvertently fueling money l...

Financial sanctions and embargos have long been used by governments and international organizations as a means of applyi...

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

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

Beneath the seemingly ordinary surface of global commerce, criminals have created an underground world of complex scheme...

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 ...

For one week, from the 13th to the 18th October, representatives of 205 countries and jurisdictions, the IMF, UN, World ...

12 articles matching financial sanctions 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 ...

Diogo Canario da Cunha - Pideeco Member
Diogo Canario da Cunha Senior Consultant
Drini Vula - Pideeco Member
Drini Vula Senior Consultant
Jihane Ayasinen - Pideeco Member
Jihane Ayasinen Traineeship
Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant

More work

How are ESG-related assets used for greenwashing?

Audit Findings, Compliance, Europe, Environmental, Green Crime, MiFID2, OECD, UCITS, Transparency, Reporting, Financial firms, MIFID,

With the rise of environmentally and socially conscious consumers, companies are under more pressure than ever to prove their commitment to sustainability and ethical practices. In recent years, environmental, social, and corporate governance (ESG) h...

What are Hawala transactions and how do they work?

European Commission, Hawala, Money Laundering, AML, Know your Customer, Due Diligence, Transaction Monitoring, Financial operations, Red Flags, KYC,

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 authori...

GDPR: inspiring data protection worldwide

Compliance, Compliance expert, Data Protection Authority, Data Protection Watchdog, EU, European Commission, GDPR, Privacy, Personal Data, Data Security,

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 me...