Regulatory Compliance Journal

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

With the rise of environmentally and socially conscious consumers, companies are under more pressure than ever to prove ...

Faced with the urgent challenge of climate change, green bonds are emerging as an innovative response to finance sustain...

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

The coronavirus pandemic has reinforced the hunger to urge world leaders to take consistent action to fight climate chan...

5 articles matching green crime tag

How to approach de-risking for AML compliance?

Cutting ties to minimize risk might sound smart, but what happens when de-risking goes too far? In 2015, Dr. Iraj Hashi, a U.K.-based economics professor, had his bank accounts abruptly closed after 40 years of banking without any explanation. The most likely reason? His Iranian origin. De-ri...

How can AML professionals detect smurfing?

Small, frequent transactions may seem harmless, but in the world of AML (Anti-Money Laundering), they are a major tool for money laundering. It is therefore essential that financial institutions deploy monitoring systems capable of detecting these suspicious schemes before the funds are integra...

How do terrorists finance their activities?

From charities to cryptocurrencies, terrorist networks are competing to find innovative ways to finance their activities, like the case of Tarek ben Habib ben Al-Toumi Al-Maaroufi, a Belgian national, who was sentenced to six years of prison for association with a terrorist group and terrorist ...

How will PSD3 shape the future of financial services?

PSD3 is not just an update, but the evolution of trust in digital finance. Continuing the progress made by PSD2, the new regulation aims to further boost competition and consumer protection in electronic payments. It is also designed to empower consumers to securely share their data while gaini...

How to reduce compliance burden?

With the never-ending stream of regulations and obligations imposed on financial institutions, it is no wonder that departments across the industry struggle to comply and race against the clock to meet their deadlines. But is there a way to reduce this burden? Updated AML and KYC requirements,...

Oscar Canario da Cunha - Pideeco Member
Oscar Canario da Cunha Managing Director
Jihane Ayasinen - Pideeco Member
Jihane Ayasinen Traineeship
Stefano Siggia - Pideeco Member
Stefano Siggia Senior Consultant
Mariam Debaisieux - Pideeco Member
Mariam Debaisieux Junior Consultant

More work

How to approach de-risking for AML compliance?

Due Diligence, Financial Institutions, Financial firms, Know your Customer, KYC, Monitoring, Politically Exposed Persons, Reporting, Risk Based Approach, Risk Management,

Cutting ties to minimize risk might sound smart, but what happens when de-risking goes too far? In 2015, Dr. Iraj Hashi, a U.K.-based economics professor, had his bank accounts abruptly closed after 40 years of banking without any explanation. The mo...

How will the EU AI Act impact financial services?

Artificial Intelligence, Financial Institutions, RegTech, Risk Based Approach, Transparency, Compliance, EU, European Commission, FinTech,

In 2017, the European Council emphasized the need to address artificial intelligence (AI) trends while maintaining high standards for data protection and ethics. By 2023, concerns about ChatGPT's misuse led to Italy's temporary ban. The Europea...

How to improve compliance culture?

Compliance culture, Compliance, Financial Institutions, Financial firms, Top-down, Tone at the Top,

A strong compliance culture helps to establish the foundation for a lasting positive impact for a company, its employees, and its clients by achieving ethical practices, clear values, and the respect of local and international legislation. Despite it...