Regulatory Compliance Journal

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

In the world of finance, gatekeepers such as accountants, and lawyers are meant to safeguard against financial crime. Ye...

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

Despite the consistent efforts adopted by banks to fight money laundering and financial crime, fines for AML breaches ha...

The popularity of cryptocurrencies has risen significantly in recent years, with more individuals and businesses using t...

Conduct Risk has been the hot topic during the past few years and its scope falls outside the traditional domains of ris...

The silent payments revolution is finally upon us. With the first compliance date of Regulation 2024/886 set for January...

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

Compliance with the Digital Operational Resilience Act (DORA) represents a real challenge for small businesses in the fi...

When Microsoft unveiled the HoloLens 2 in early 2019, it was pitched as a cutting-edge tool for consumers and businesses...

The exponential growth of technology is leading to the disruption of numerous sectors including telecommunications, robo...

Insurance/reinsurance companies play an important role for the European economy. Many European countries, among them Be...

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

The Enterprise-Wide Risk Assessment (EWRA) or Overall Risk Assessment has become a regulatory obligation from an EU and ...

From charities to cryptocurrencies, terrorist networks are competing to find innovative ways to finance their activities...

14 articles matching risk tag

DORA: practical guide for small businesses

Compliance with the Digital Operational Resilience Act (DORA) represents a real challenge for small businesses in the financial sector. Unlike large institutions with dedicated cybersecurity and risk management departments, SMEs often lack specialized resources. They may not even have formal go...

How to detect serious fiscal fraud?

Serious fiscal fraud is not just a legal risk, it’s a direct threat to an organization’s reputation. The stakes are rising as European and national authorities ramp up enforcement under evolving frameworks like the Directive on Administrative Cooperation (DAC), the Anti-Money Laundering Dir...

How will CSDDD impact companies in the EU?

The EU’s Corporate Sustainability Due Diligence Directive (CSDDD) draws a clear legal line between profit and harm. By embedding environmental and human rights due diligence into the core of corporate strategy, the directive redefines what it means to do business responsibly. But what will th...

How to approach de-risking for AML compliance?

Cutting ties to minimize risk might sound smart, but what happens when de-risking goes too far? In 2015, Dr. Iraj Hashi, a U.K.-based economics professor, had his bank accounts abruptly closed after 40 years of banking without any explanation. The most likely reason? His Iranian origin. De-ri...

How can AML professionals detect smurfing?

Small, frequent transactions may seem harmless, but in the world of AML (Anti-Money Laundering), they are a major tool for money laundering. It is therefore essential that financial institutions deploy monitoring systems capable of detecting these suspicious schemes before the funds are integra...

Laetitia Orfila - Pideeco Member
Laetitia Orfila Junior Consultant
Drini Vula - Pideeco Member
Drini Vula Senior Consultant
Jihane Ayasinen - Pideeco Member
Jihane Ayasinen Traineeship
Stefano Siggia - Pideeco Member
Stefano Siggia Senior Consultant

More work

Why do most AML programs fail?

Corruption, AML, Financial Institutions, Compliance, Know your Customer, Risk, Anti Money Laundering, KYC, Tone at the Top, Financial operations, Transaction Monitoring, Ethics, Compliance expert,

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 2022, financial institutions were fined a grand total of $4.17 billion (€3.95 billion) worldwide...

How can AML experts fight trade-base money laundering?

AML, Compliance, Red Flags, Terrorism Financing, Risk, Financial Sanctions, 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 exper...

What are the EU's Anti-Money Laundering Directives?

5AMLD, 6AMLD, AML, Anti Money Laundering, Compliance, Compliance expert, Consultant, EU, Europe, European Commission, European Court of Justice, Financial Institutions, Money Laundering, Politically Exposed Persons,

Since 1991, the European Union has regularly updated and released new anti-money laundering directives to adapt to and be able to fight new money laundering and terrorist financing techniques (e.g.: MiCA to regulate crypto-currencies). Today, moder...