Regulatory Compliance Journal

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

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

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...

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

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

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

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

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

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

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

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

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

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

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

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

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

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

20 articles matching money laundering tag

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...

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 ...

Thomas Turcksin - Pideeco Member
Thomas Turcksin Junior Consultant
Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant
Momina Zahra - Pideeco Member
Momina Zahra Junior Consultant
Reeva Manalili - Pideeco Member
Reeva Manalili Trainee

More work

Psd2, Brexit & the rise of payment services market in Belgium

PSD2, Compliance expert, EU, KYC, Belgium, Financial Institutions, NBB, Financial firms, Know your Customer,

On the 6th of August 2019, the National Bank of Belgium ("NBB") published a press release announcing that in 2019, there was substantial growth of applications for the execution of payment activities in Belgium. A total of 34 companies are now licen...

EWRA - What is Business overall risk exposure assessment?

EWRA, Compliance, Financial firms, ERM, RBA, Reporting, Top-down, Anti Money Laundering, Audit, Risk, Risk Based Approach, Compliance expert, AML,

The understanding and management of risk by financial institutions, banks, and entities, has improved over the years. Today, stakeholders are more involved, and they demand greater transparency regarding the risks of a company and how the company rea...

Environmental Crimes & Money Laundering

Environmental, Money Laundering, 6AMLD, EU, Whistleblowing, Green Crime, Red Flags, AML,

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 signe...