Regulatory Compliance Journal

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

VAT Carousels - The look back in the transactions For several years there have been occasional stories of VAT carousels ...

The digital era has given KYC analysts unprecedented access to a plethora of information on individuals and companies. N...

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

In the past few years, many scandals related to money laundering have been recorded. For instance, the Panama Papers hav...

Lately the 5th Anti-Money Laundering EU Directive (AMLD5) retained a particular interest on innovative instruments of pa...

While the world is on hold, financial crime has not taken a step back amidst the coronavirus emergency. Scammers, money...

Facebook made a splash in October 2021 when it rebranded itself to Meta and announced an investment of $10 billion to c...

🎬 Introduction to RegTech and Regulatory ComplianceThe worldwide economic repercussions of the 2008 financial crisis ...

In February of 2022, Transparency International revealed that Russians linked to the Kremlin or with corruption charges...

In the past decade, a series of leaks from insider sources have shed light on the complex systems of money laundering, t...

Each year we are entitled to different lists about tax havens issued by governments or international organisations, but ...

From an extra pair of hands to the person that advises on strategical decisions and the future of your company. Working...

On the 6th of August 2019, the National Bank of Belgium ("NBB") published a press release announcing that in 20...

The exponential growth of technology is leading to the disruption of numerous sectors including telecommunications, robo...

How to find the VAT number of a counterparty or customer ?How can you, as a company or obliged entity, search for the VA...

Despite the consistent efforts adopted by banks to fight money laundering and financial crime, fines for AML breaches ha...

In the past decade, the video game industry has managed to dwarf the film, music, and television sectors. It’s estim...

18 articles matching know your customer tag

What is the impact of the EU whistleblowing legislation?

Whistleblowing became a subject of concern when major consequences produced by Swiss Leaks and Lux Leaks made the case for a change in the European framework. In both cases, the whistleblowers worked for private companies prior to leaking information. If their situation was to repeat now, would...

Why are PEPs under increased scrutiny?

Politically exposed persons (PEPs) are individuals who have been entrusted with prominent public functions, such as government officials, politicians, or high-ranking members of the military. PEPs may also include their family members and close associates. The term "PEP" is often used i...

The hidden costs of golden visas

Over the past years, the golden visa has seen a surge in participation in its programmes. But along with its rising popularity, corruption and AML risks have also seeped into its core. Many argue that citizenship is a public good, not a commodity for the open market. In recent years, the EU an...

What are financial crime threats in the metaverse?

Facebook made a splash in October 2021 when it rebranded itself to Meta and announced an investment of $10 billion to create its own metaverse project. But the tech giant is just a drop in a larger ocean. It is estimated that over 160 companies, including Apple and Google, are also plunging in...

How is real estate used for money laundering?

In February of 2022, Transparency International revealed that Russians linked to the Kremlin or with corruption charges had invested £1.5 billion in the UK property market, mostly through companies held in Britain’s overseas territories and crown dependencies. The findings exposed Great Br...

Diogo Canario da Cunha - Pideeco Member
Diogo Canario da Cunha Senior Consultant
Ruben Constantino David - Pideeco Member
Ruben Constantino David Junior Consultant
Christian Teixeira Martins - Pideeco Member
Christian Teixeira Martins Junior Consultant
Michel Cliquet - Pideeco Member
Michel Cliquet Senior Consultant

More work

What is the impact of the EU whistleblowing legislation?

Belgium, Compliance, Data Security, Europe, EU, Whistleblowing, Tax Havens, Personal Data,

Whistleblowing became a subject of concern when major consequences produced by Swiss Leaks and Lux Leaks made the case for a change in the European framework. In both cases, the whistleblowers worked for private companies prior to leaking information...

Google can choose to not apply the right to be forgotten globally

Google, GDPR, Privacy, European Court of Justice, EU, Personal Data, Freedom of information, Preliminary ruling, Europe, Data Protection Authority, Transparency, Digital,

On 24 September 2019 the European Court of Justice (ECJ) released a preliminary decision according to which Google is not bound to apply the "right to be forgotten" or "de-referencing" globally. Google preliminary ruling caseIn May 2015, the Fren...

GDPR Privacy Update: Fines, penalties and recent sanctions

GDPR, Data Security, Data breach, Financial Sanctions, Compliance, Financial firms, Privacy, Personal Data, European Commission, EU,

It did not take long after the entry into force of GDPR on 25th May 2018 for many companies to revise their positions and business priorities following their initial scepticism towards the penalties that were to be imposed by the new regulation. The...