Regulatory Compliance Journal

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

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

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

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

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

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

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

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

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

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

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

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

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...

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

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

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...

GDPR: inspiring data protection worldwide

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 means, nations around the globe have come to re...

Dawn of disruption: predicting AML in the next decade

The exponential growth of technology is leading to the disruption of numerous sectors including telecommunications, robotics, science, and finance. As banks are slowly adapting to high-tech innovations, the world of compliance and AML will face unprecedented changes and challenges in the near ...

How to write the perfect SAR?

Suspicious Activity Reports (SAR) drafted by financial institutions contain some of the most valuable information available to law enforcement agencies in the fight against financial crime. Yet, the FinCEN Files scandal of 2020 has shown that major banks have consistently failed to write and s...

Why do most AML programs fail?

Despite the consistent efforts adopted by banks to fight money laundering and financial crime, fines for AML breaches have hit an all-time high. In 2020, financial institutions were fined a grand total of $15.13 billion (€12.79 billion) worldwide, a 51.3% increase compared to 2019, with U...

Ana Pinto - Pideeco Member
Ana Pinto Traineeship
Luisa Nadege Cafi - Pideeco Member
Luisa Nadege Cafi Junior Consultant
Azahaf Sohaib - Pideeco Member
Azahaf Sohaib Traineeship
Diogo Canario da Cunha - Pideeco Member
Diogo Canario da Cunha Senior Consultant

More work

EU proposals: cross-border distribution of investment funds

UCITS, AIFs, Capital Markets Union, ESMA, European Commission, EU, MIFID, Investment Funds, MiFID2,

A Proposal for a Directive which will amend, the Directive 2009/65/EC (UCITS IV Directive) and the Directive 2011/61/EU (AIFMD), was adopted on 12 March 2018 by the European Commission. The aim of the new Directive will be to facilitate the cross-bo...

Which Financial Abuses are associated with Prepaid Cards ?

Money Laundering, NPPS, Financial firms, KYC, AML, Prepaid Cards, Know your Customer, Terrorism Financing, Financial Institutions, Anti Money Laundering, Red Flags,

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...

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 author...