Regulatory Compliance Journal

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

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

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

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

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

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

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...

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

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

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

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

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

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

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

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

20 articles matching money laundering tag

What is the impact of the EU whistleblowing legislation?

Whistleblowing became a subject of concern when major consequences produced by Swiss Leaks and Lux Leaks made the case for a change in the European framework. In both cases, the whistleblowers worked for private companies prior to leaking information. If their situation was to repeat now, would...

Why are PEPs under increased scrutiny?

Politically exposed persons (PEPs) are individuals who have been entrusted with prominent public functions, such as government officials, politicians, or high-ranking members of the military. PEPs may also include their family members and close associates. The term "PEP" is often used i...

The hidden costs of golden visas

Over the past years, the golden visa has seen a surge in participation in its programmes. But along with its rising popularity, corruption and AML risks have also seeped into its core. Many argue that citizenship is a public good, not a commodity for the open market. In recent years, the EU an...

What are financial crime threats in the metaverse?

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, including Apple and Google, are also plunging in...

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...

Michel Cliquet - Pideeco Member
Michel Cliquet Senior Consultant
Stefano Siggia - Pideeco Member
Stefano Siggia Senior Consultant
Kanwal Parmjit - Pideeco Member
Kanwal Parmjit Traineeship
Piet De Vreese - Pideeco Member
Piet De Vreese Managing Director

More work

Financial institutions against money laundering | AML

AML, Money Laundering, EU, Financial Sanctions, European Commission, 5AMLD, Financial Institutions, Anti Money Laundering, Europe, 6AMLD,

In recent years, the banking sector in the European Union has been shaken by different scandals related to money laundering. On July 24th, 2019, the European Commission published reports including one on the assessment of recent alleged money launde...

GDPR Privacy Update: Fines, penalties and recent sanctions

GDPR, Data Security, Data breach, Financial Sanctions, Compliance, Financial firms, Privacy, Personal Data, European Commission, EU,

It did not take long after the entry into force of GDPR on 25th May 2018 for many companies to revise their positions and business priorities following their initial scepticism towards the penalties that were to be imposed by the new regulation. The...

AML Transaction Monitoring & Detection Scenarios

AML, Transaction Monitoring, Due Diligence, Risk Management, KYC, Financial firms, Anti Money Laundering, Detection Scenarios, RegTech, Risk Based Approach, Compliance expert, Red Flags,

Efficiently fine-tuning AML Transaction Monitoring can help financial firm's compliance teams to increase productivity while carefully avoiding pointless investigations by reducing the amount of false-positive alerts. The revision of AML detect...