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...

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

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

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

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

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

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

8 articles matching risk tag

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

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, modern technology services are becoming increasingly...

The effectiveness of financial sanctions and embargos

Financial sanctions and embargos have long been used by governments and international organizations as a means of applying economic pressure on rogue states in order to achieve political objectives. These measures aim to restrict or cut off the flow of financial resources to targeted countries ...

What are worldwide AML regulations for cryptocurrency ?

The popularity of cryptocurrencies has risen significantly in recent years, with more individuals and businesses using them for a variety of purposes, including international money transfers and online purchases. In order to protect the integrity of the global financial system and minimize ille...

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...

Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant
Andre Figueira De Carvalho - Pideeco Member
Andre Figueira De Carvalho Junior Consultant
Ahmed Zaoui - Pideeco Member
Ahmed Zaoui Traineeship
Manon Rase - Pideeco Member
Manon Rase Traineeship

More work

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...

6th AML Directive (AMLD6) : The European Harmonization

AML, Financial Sanctions, European Commission, Financial firms, 6AMLD, Compliance, Money Laundering, Europe, EU, Environmental, Anti Money Laundering, Green Crime,

On November 12, 2018, the European Parliament issued new rules to strengthen the fight against money laundering through the 6th EU Money Laundering Directive (2018/1673). Member States have until 3 December 2020 to transpose the Sixth AML Directive a...

How and why to embed AML Lookbacks within financial firms?

Money Laundering, AML, Audit, Audit Findings, Financial operations, Due Diligence, Financial firms,

In recent years, regulators have begun to scrutinize more closely financial institutions regarding the soundness of their AML/CTF program, dissecting the nuts and bolts of their procedures and controls. But the current set-up isn’t what they are s...