Regulatory Compliance Journal

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

The future of banking is changing and Open Banking is an emerging trend that will evolve the banking world and lead the ...

The European Banking Authority (EBA) published in June 2019 an : Opinion on the elements of strong customer authenticati...

On the 6th of August 2019, the National Bank of Belgium ("NBB") published a press release announcing that in 20...

3 articles matching psd2 tag

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...

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 ...

Ana Pinto - Pideeco Member
Ana Pinto Traineeship
Bruno Vandeput - Pideeco Member
Bruno Vandeput Traineeship
Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant
Diogo Canario da Cunha - Pideeco Member
Diogo Canario da Cunha Senior Consultant

More work

How important are audit trails for your company?

Financial firms, Audit, Ethics, Governance, Conduct Risk, RegTech, Transparency, Financial Institutions, AML, MiFID2, KYC,

An audit trail (also called audit log) is a relevant chronological recording of actions, a set of files, or the destination of a collection of records that represent a sequence of successive activities or events within an operational environment, a p...

The rising cost of regulatory compliance for financial institutions

Compliance, Financial firms, Financial operations, Governance, Due Diligence, EWRA, KYC, AML, GDPR, Europe,

Businesses are increasingly worried about regulatory costs that arise every time a new legal framework is introduced. The stakeholders fear that the cost of compliance will cut the growth of businesses and will lead to very restrictive business envir...

KYC Business: tax havens, embargoes & sanctioned countries

Financial Sanctions, OECD, Financial firms, KYC, Compliance, Tax Havens, Red Flags, AML, Risk Based Approach, EU, Corruption, Know your Customer,

Each year we are entitled to different lists about tax havens issued by governments or international organisations, but what is the difference between these lists? In March 2019, the European Union updated its list of non-cooperative tax jurisdi...