Regulatory Compliance Journal

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

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

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

In an era where technology evolves at a rapid pace, criminals are quick to adapt, developing increasingly sophisticated ...

Corporate entities, with their complex networks and multifaceted operations, can become havens for criminal activity. Il...

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

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

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

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

The silent payments revolution is finally upon us. With the first compliance date of Regulation 2024/886 set for January...

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

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

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

In the world of finance, gatekeepers such as accountants, and lawyers are meant to safeguard against financial crime. Ye...

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

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

In May 2015, the biggest scandal in football history (known as “FIFA Gate”) led to seven FIFA executives being arres...

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

As funds flow into the hands of charities, an unsettling question arises: is your donation inadvertently fueling money l...

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

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

20 articles matching know your customer tag

Virtual IBANs: a new weapon for cybercriminals?

From global payments to local efficiency, virtual IBANs are redefining how businesses handle their money. But as with any financial innovation, they come with potential risks, including exposure to fraud, regulatory complexities, and cybersecurity vulnerabilities that demand careful management....

AMLA in action: strengthening AML efforts

Europe has stepped up a gear in the fight against money laundering and the financing of terrorism, with the creation in 2021 of the AMLA, also known as the European Anti-Money Laundering Authority. Money laundering and the financing of terrorism (ML/FT) is a long-standing phenomenon, which has ...

How the EU’s DSA and DMA are redefining digital platform regulations

The Big Four of technology—Google, Amazon, Facebook, and Apple—have become integral to our daily lives, influencing everything from simple online searches to the handling of our personal data. With their growing dominance and impact, these internet giants wield a level of power that has pl...

SEPA Instant Payments : understanding the requirements and deadlines of regulation 2024/886

The silent payments revolution is finally upon us. With the first compliance date of Regulation 2024/886 set for January 09, 2025, instant payments are set to become an integrated part of day-to-day banking. The Instant payment regulation (IPR) was voted on 13/03/24 and was effective by 08/04...

How are gatekeepers used for money laundering?

In the world of finance, gatekeepers such as accountants, and lawyers are meant to safeguard against financial crime. Yet, these very players can sometimes become unwitting—or even complicit—partners in money laundering schemes. The expertise that makes these professionals indispensable to ...

Mariam Debaisieux - Pideeco Member
Mariam Debaisieux Junior Consultant
Maxime Martens  - Pideeco Member
Maxime Martens Traineeship
Andre Figueira De Carvalho - Pideeco Member
Andre Figueira De Carvalho Junior Consultant
Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant

More work

What are financial crime threats in the metaverse?

Anti Money Laundering, Compliance, Data breach, Digital, Due Diligence, FATF, Know your Customer, KYC, Money Laundering, Personal Data,

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, inc...

How is real estate used for money laundering?

6AMLD, Anti Money Laundering, Corruption, Compliance, Due Diligence, Financial Sanctions, Financial Institutions, Know your Customer, 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...

Outcomes of the FATF October 2019 Plenary Week in Paris

FATF, GAFI, AML, FATF WEEK, Money Laundering, Corruption, Financial Sanctions, Red Flags, Risk Based Approach,

For one week, from the 13th to the 18th October, representatives of 205 countries and jurisdictions, the IMF, UN, World Bank and other organizations (OECD, OSCE, Europol, Egmont Group of Financial Intelligence Units, ...) met in Paris for the Financi...