Regulatory Compliance Journal

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

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

On 24 September 2019 the European Court of Justice (ECJ) released a preliminary decision according to which Google is no...

Drug trade and illegal markets on the dark web have grown exponentially. Criminals are finding new and original ways to ...

4 articles matching freedom of information 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 ...

Michel Cliquet - Pideeco Member
Michel Cliquet Senior Consultant
Omar Morabet Chergui - Pideeco Member
Omar Morabet Chergui Traineeship
Ahmed Zaoui - Pideeco Member
Ahmed Zaoui Traineeship
Jihane Ayasinen - Pideeco Member
Jihane Ayasinen Traineeship

More work

How to detect COVID-19 financial crimes?

Know your Customer, Money Laundering, Darkweb, Transaction Monitoring, AML, Transparency, Risk Based Approach, Compliance, Tax Havens, Anti Money Laundering, Compliance expert, FATF, Detection Scenarios,

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 in the economy and in the fearful and worried population. As the...

What are the EU's Anti-Money Laundering Directives?

5AMLD, 6AMLD, AML, Anti Money Laundering, Compliance, Compliance expert, Consultant, EU, Europe, European Commission, European Court of Justice, Financial Institutions, Money Laundering, Politically Exposed Persons,

Since 1991, the European Union has regularly updated and released new anti-money laundering directives to adapt to and be able to fight new money laundering and terrorist financing techniques (e.g.: MiCA to regulate crypto-currencies). Today, modern ...

The UBO Register in practice | Belgium

UBO, UBO Register, AML, Financial Institutions, OECD, Europe, EU, 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 ...