Regulatory Compliance Journal

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

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

Suspicious Activity Reports (SAR) drafted by financial institutions contain some of the most valuable information availa...

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

On March 12 2019, the European Parliament and European Union Member States made a provisional agreement on how to protec...

In recent years, regulators have begun to scrutinize more closely financial institutions regarding the soundness of thei...

By targeting approximately 1.7 billion people around the world who do not have access to a traditional bank account, the...

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...

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

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

For one week, from the 13th to the 18th October, representatives of 205 countries and jurisdictions, the IMF, UN, World ...

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

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

Drug trade and illegal markets on the dark web have grown exponentially. Criminals are finding new and original ways to ...

In recent years, the banking sector in the European Union has been shaken by different scandals related to money launder...

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

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

19 articles matching money laundering tag

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...

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...

Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant
Mary Aspiras - Pideeco Member
Mary Aspiras Trainee
Piet De Vreese - Pideeco Member
Piet De Vreese Managing Director
Oscar Canario da Cunha - Pideeco Member
Oscar Canario da Cunha Associate Director

More work

How to detect COVID-19 financial crimes?

Know your Customer, Money Laundering, Darkweb, Transaction Monitoring, AML, Transparency, Risk Based Approach, Compliance, Tax Havens, Anti Money Laundering, Compliance expert, FATF, Detection Scenarios,

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...

The Banking Industry & Regulatory Compliance Requirements

Financial operations, Financial Institutions, Compliance, Financial firms, Top-down, Insurance, Belgium,

Compliance risk is one of the biggest concerns of the banking industry. Failing to comply can have an impact on the reputation of the brand and create a decrease in its customer population. Lack of due diligence in transactions and clients monitoring...

AML: What is adverse media or negative news?

Compliance, Anti Money Laundering, RegTech, Know your Customer, Red Flags, KYC, Due Diligence, AML, Money Laundering, KYC,

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 ...