Regulatory Compliance Journal

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

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

Efficiently fine-tuning AML Transaction Monitoring can help financial firm's compliance teams to increase productivit...

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

Every year, the freedom of millions of innocent lives are stolen while an illicit river of money continues to flow, conc...

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

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

Suspicious Activity Reports (SAR) drafted by financial institutions contain some of the most valuable information availa...

8 articles matching transaction monitoring tag

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 ...

How to improve compliance culture?

A strong compliance culture helps to establish the foundation for a lasting positive impact for a company, its employees, and its clients by achieving ethical practices, clear values, and the respect of local and international legislation. Despite its benefits and legal necessity, most companie...

How to set up a conflict of interest program

Imagine a situation in which the integrity of your organisation is corrupted by personal gain – how would you respond? In the field of business ethics, a strong conflict of interest program is the cornerstone that keeps an organization's reputation intact. With it, transparency isn't ju...

How will the EU AI Act impact financial services?

In 2017, the European Council emphasized the need to address artificial intelligence (AI) trends while maintaining high standards for data protection and ethics. By 2023, concerns about ChatGPT's misuse led to Italy's temporary ban. The European Union (EU) is now working on the AI Act to ...

Hans Torres - Pideeco Member
Hans Torres Traineeship
Diogo Canario da Cunha - Pideeco Member
Diogo Canario da Cunha Senior Consultant
Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant
Kenza Kibour - Pideeco Member
Kenza Kibour Traineeship

More work

How to conduct KYC on companies

AML, Compliance, Due Diligence, KYC, Know your Customer, Financial Institutions, Red Flags, Risk Based Approach,

Corporate entities, with their complex networks and multifaceted operations, can become havens for criminal activity. Illicit money and unlawful actions can be hidden within layers of transactions across subsidiaries and partnerships, obscure benefic...

Facebook & Diem: the sensational entry in the financial world

Cryptocurrencies, Blockchain, Facebook, Financial firms, FinTech, RegTech, Money Laundering, Digital, Anti Money Laundering, Transparency, Financial operations,

By targeting approximately 1.7 billion people around the world who do not have access to a traditional bank account, the American firm Facebook aspires to rely on its 2.4 billion users to reach the forgotten and the destitute people of the convention...

How are ESG-related assets used for greenwashing?

Audit Findings, Compliance, Europe, Environmental, Green Crime, MiFID2, OECD, UCITS, Transparency, Reporting, Financial firms, MIFID,

With the rise of environmentally and socially conscious consumers, companies are under more pressure than ever to prove their commitment to sustainability and ethical practices. In recent years, environmental, social, and corporate governance (ESG) h...