Regulatory Compliance Journal

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

In today’s financial challenging environment, institutions are exposed to numerous economic abuses making it necessary...

The understanding and management of risk by financial institutions, banks, and entities, has improved over the years. To...

2 articles matching rba tag

Virtual IBANs: a new weapon for cybercriminals?

From global payments to local efficiency, virtual IBANs are redefining how businesses handle their money. But as with any financial innovation, they come with potential risks, including exposure to fraud, regulatory complexities, and cybersecurity vulnerabilities that demand careful management....

AMLA in action: strengthening AML efforts

Europe has stepped up a gear in the fight against money laundering and the financing of terrorism, with the creation in 2021 of the AMLA, also known as the European Anti-Money Laundering Authority. Money laundering and the financing of terrorism (ML/FT) is a long-standing phenomenon, which has ...

How the EU’s DSA and DMA are redefining digital platform regulations

The Big Four of technology—Google, Amazon, Facebook, and Apple—have become integral to our daily lives, influencing everything from simple online searches to the handling of our personal data. With their growing dominance and impact, these internet giants wield a level of power that has pl...

SEPA Instant Payments : understanding the requirements and deadlines of regulation 2024/886

The silent payments revolution is finally upon us. With the first compliance date of Regulation 2024/886 set for January 09, 2025, instant payments are set to become an integrated part of day-to-day banking. The Instant payment regulation (IPR) was voted on 13/03/24 and was effective by 08/04...

How are gatekeepers used for money laundering?

In the world of finance, gatekeepers such as accountants, and lawyers are meant to safeguard against financial crime. Yet, these very players can sometimes become unwitting—or even complicit—partners in money laundering schemes. The expertise that makes these professionals indispensable to ...

Omar Morabet Chergui - Pideeco Member
Omar Morabet Chergui Traineeship
Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant
Maxime Martens  - Pideeco Member
Maxime Martens Traineeship
Ana Pinto - Pideeco Member
Ana Pinto Traineeship

More work

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...

How to build an effective KYC program

AML, Audit, Compliance expert, Compliance, Due Diligence, Know your Customer, KYC, Politically Exposed Persons,

In an era where technology evolves at a rapid pace, criminals are quick to adapt, developing increasingly sophisticated methods to exploit vulnerabilities within financial systems and testing the boundaries of traditional KYC practices. How can compl...

Protection of Whistleblowers : What is the EU framework?

Whistleblowing, European Commission, Transparency, Financial firms, Data breach, Money Laundering, Financial Institutions, Data Security, Freedom of information,

On March 12 2019, the European Parliament and European Union Member States made a provisional agreement on how to protect whistleblowers. This new agreement guarantees a higher level of protection for whistleblowers than the level given in the origin...