Regulatory Compliance Journal

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

The coronavirus pandemic has reinforced the hunger to urge world leaders to take consistent action to fight climate chan...

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

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

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

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

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

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

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

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

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

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

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

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

On November 12, 2018, the European Parliament issued new rules to strengthen the fight against money laundering through ...

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

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

18 articles matching money laundering tag

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...

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...

Mary Aspiras - Pideeco Member
Mary Aspiras Trainee
Yanis Triaa - Pideeco Member
Yanis Triaa Trainee
Michel Cliquet - Pideeco Member
Michel Cliquet Senior Consultant
Momina Zahra - Pideeco Member
Momina Zahra Junior Consultant

More work

AML - KYC : Impacts of the 4th AML Directive (AMLD4)

Compliance, Financial firms, KYC, AML, Financial Sanctions, Politically Exposed Persons, Europe, EU, European Commission, Anti Money Laundering,

What will be the impacts of implementation of the Fourth AML EU Directive (2015/849) ?Since 1991, the European Union has regularly implemented new anti-money laundering directives. On the 20th of May 2015, the European Parliament and the Council issu...

How do criminals launder their money using the Dark Web?

Blockchain, Money Laundering, Freedom of information, Whistleblowing, Cryptocurrencies, Anti Money Laundering, AML, Prepaid Cards,

Drug trade and illegal markets on the dark web have grown exponentially. Criminals are finding new and original ways to launder money generated from their illicit activities. The dark web is an encrypted part of the internet that hosts online conten...

The KYC Guide for Russian Professional Counterparties

Compliance, Financial firms, KYC, AML, Risk Based Approach, Russia, Financial Institutions, Financial operations, Europe,

How to conduct KYC on Russian Counterparties ?Doing business with Russian entities in non-sanctioned sectors of the economy requires some specific attention points regarding client due diligence (the risk exposure assessment process of clients to mon...