Regulatory Compliance Journal

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

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

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

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

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

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...

In 2016, Panama Papers exposed a vast database of 214.000 offshore shell companies used by a variety of individuals and ...

With the convenience of online shopping and the ability to purchase goods and services from anywhere in the world, e-com...

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

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

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

Beneath the seemingly ordinary surface of global commerce, criminals have created an underground world of complex scheme...

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...

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

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

The heavy fines imposed on financial institutions for AML deficiencies over the years have frequently fallen short in ac...

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

20 articles matching money laundering tag

What can be done to improve the efficiency of AML fines?

The heavy fines imposed on financial institutions for AML deficiencies over the years have frequently fallen short in achieving their goals. This inefficiency is manifest in the repeat offending of such banks, the heavy burden it places on them, and the lack of improvement in the AML system. A ...

How effective are AML fines?

Considered a strong deterrent against financial crime, AML fines seem to be little more than symbolic slaps on the wrist for financial institutions with vast pockets. With trillions of dollars being freely laundered every year and ambiguous structural changes required to effectively combat mone...

How are charities used for money laundering?

As funds flow into the hands of charities, an unsettling question arises: is your donation inadvertently fueling money laundering activities? While the noble intentions behind charitable giving inspires positive change, criminals have exploited the realm of benevolence, using it as a strategic ...

How can AML experts fight trade-base money laundering?

Beneath the seemingly ordinary surface of global commerce, criminals have created an underground world of complex schemes, where legitimate business transactions serve as a smokescreen for their illicit activities. How can anti-money laundering experts stop the flow of illegal funds into the wo...

European Data Protection Authorities Websites [Compiled list]

The protection of privacy has grown to be of utmost importance in a society where our every action is digitally recorded and where personal information is exchanged like an untraceable currency. European Data Protection Authorities (DPAs) have launched a privacy revolution and established the ...

Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant
Laetitia Orfila - Pideeco Member
Laetitia Orfila Traineeship
Manon Rase - Pideeco Member
Manon Rase Traineeship
Kenza Kibour - Pideeco Member
Kenza Kibour Traineeship

More work

How is artificial intelligence a challenge to GDPR?

Compliance, Data breach, Data Protection Authority, Data Security, Europe, EU, GDPR, Privacy, Personal Data,

In today's data-driven world, the rapid advancement of artificial intelligence (AI) is revolutionizing industries and empowering businesses to unlock unprecedented opportunities. But this changing landscape has given rise to privacy and security i...

Google can choose to not apply the right to be forgotten globally

Google, GDPR, Privacy, European Court of Justice, EU, Personal Data, Freedom of information, Preliminary ruling, Europe, Data Protection Authority, Transparency, Digital,

On 24 September 2019 the European Court of Justice (ECJ) released a preliminary decision according to which Google is not bound to apply the "right to be forgotten" or "de-referencing" globally. Google preliminary ruling caseIn May 2015, the Fren...

AML EWRA - How to conduct Anti-Money Laundering overall risk assessment?

Risk, Due Diligence, AML, Risk Management, Risk Based Approach, Audit, Financial firms, KYC, Compliance, 5AMLD, Audit Findings, FSMA, EU, EWRA,

The Enterprise-Wide Risk Assessment (EWRA) or Overall Risk Assessment has become a regulatory obligation from an EU and Belgian perspective for all credit institutions, stockbroking firms, licensed insurance companies and banking industries submitte...