Regulatory Compliance Journal

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

The destruction of the ancient city of Palmyra and the beheading of its Antiquities Chief, Khaled al-Asaad, in 2015 by t...

In February 2019, another criminal group was arrested in Europe, for laundering money through hawala transactions. Based...

2 articles matching hawala tag

What are the impacts of Financial Data Leaks?

In the past decade, a series of leaks from insider sources have shed light on the complex systems of money laundering, tax evasion, and fraud perpetrated by certain countries and wealthy individuals. The profound work carried out by international journalists in publishing the wrongdoings have ...

AML: What is adverse media or negative news?

The digital era has given KYC analysts unprecedented access to a plethora of information on individuals and companies. Newspaper articles, online blogs, and social media are accessible and filterable with one click and may reveal important news on a financial institution’s customer. However, ...

Financing terrorism: The billion-dollar blood antiquities art dealing

The destruction of the ancient city of Palmyra and the beheading of its Antiquities Chief, Khaled al-Asaad, in 2015 by the hands of the Islamic State of Iraq & Syria (ISIS) are still fresh in the minds of many. Beginning in 2014, the terrorist group has wrecked havoc across the Middle East and...

Environmental Crimes & Money Laundering

The coronavirus pandemic has reinforced the hunger to urge world leaders to take consistent action to fight climate change. The yearning for a profound change and not a “back to normal” has been seen in the past months with the open letter signed by 200 scientists and celebrities published...

How to detect COVID-19 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 in the economy and in the fearful and worried population. As the efforts of law enforcements and regulators h...

Stefano Siggia - Pideeco Member
Stefano Siggia Senior Consultant
Piet De Vreese - Pideeco Member
Piet De Vreese Managing Director
Oscar Canario da Cunha - Pideeco Member
Oscar Canario da Cunha Associate Director
Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant

More work

Which Financial Abuses are associated with Prepaid Cards ?

Money Laundering, NPPS, Financial firms, KYC, AML, Prepaid Cards,

Lately the 5th Anti-Money Laundering EU Directive (AMLD5) retained a particular interest on innovative instruments of payment, among which Prepaid Cards and digital currencies. In 2013 the Financial Action Task Force (FATF) had raised a non-binding...

KYC Business: tax havens, embargoes & sanctioned countries

Financial Sanctions, OECD, Financial firms, KYC, Compliance, Tax Havens,

Each year we are entitled to different lists about tax havens issued by governments or international organisations, but what is the difference between these lists? In March 2019, the European Union updated its list of non-cooperative tax jurisdi...

The UBO Register in practice | Belgium

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

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 ...