Regulatory Compliance Journal

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

In the past decade, a series of leaks from insider sources have shed light on the complex systems of money laundering, t...

With the rise of environmentally and socially conscious consumers, companies are under more pressure than ever to prove ...

On 24 September 2019 the European Court of Justice (ECJ) released a preliminary decision according to which Google is no...

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

Faced with the urgent challenge of climate change, green bonds are emerging as an innovative response to finance sustain...

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

MiFID (Markets in Financial Instruments Directive) was put into force in November 2007 and was created with the objectiv...

On March 12 2019, the European Parliament and European Union Member States made a provisional agreement on how to protec...

By targeting approximately 1.7 billion people around the world who do not have access to a traditional bank account, the...

Over the past years, the golden visa has seen a surge in participation in its programmes. But along with its rising popu...

A top-down approach highlights the behaviour of regulatory changes in the financial institution and helps the Compliance...

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

An audit trail (also called audit log) is a relevant chronological recording of actions, a set of files, or the destinat...

14 articles matching transparency tag

Decoding DORA: Navigating Operational Resilience in Financial Services

In 2020, the EU introduced a new regulatory framework that would be centered on measures to increase the digitalization of the financial sector. It later would be called the Digital Operational Resilience Act (DORA), and is a part of the Digital Finance Package (DFP), which aims to support inno...

How can criminology help us understand white collar crime?

Though rare in corporate or finance environments, criminology offers valuable insights. Despite "white-collar crime" often costing more than street crime, society tends to overlook it. Analyzing corporate misconduct through a crimilogical lens reveals the dynamics of deceit, power, and ...

Financial greenwashing: the dark links between green bonds and corruption.

Faced with the urgent challenge of climate change, green bonds are emerging as an innovative response to finance sustainable projects and encourage the transition to an environmentally friendly economy. However, the persistent threat of corruption undermines these well-intentioned initiatives, ...

What can be done to improve the efficiency of AML fines?

The heavy fines imposed on financial institutions for AML deficiencies over the years have frequently fallen short in achieving their goals. This inefficiency is manifest in the repeat offending of such banks, the heavy burden it places on them, and the lack of improvement in the AML system. A ...

How effective are AML fines?

Considered a strong deterrent against financial crime, AML fines seem to be little more than symbolic slaps on the wrist for financial institutions with vast pockets. With trillions of dollars being freely laundered every year and ambiguous structural changes required to effectively combat mone...

Mariam Debaisieux - Pideeco Member
Mariam Debaisieux Traineeship
Chloe Cauchois - Pideeco Member
Chloe Cauchois Junior Consultant
Hans Torres - Pideeco Member
Hans Torres Traineeship
Damian Vildosola Truche - Pideeco Member
Damian Vildosola Truche Senior Consultant

More work

The effectiveness of financial sanctions and embargos

Compliance, Europe, Financial Sanctions, Red Flags, Politically Exposed Persons, Russia, Transaction,

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 ...

The KYC Guide for Russian Professional Counterparties

Compliance, Financial firms, KYC, AML, Risk Based Approach, Russia, Financial Institutions, Financial operations, Europe,

How to conduct KYC on Russian Counterparties ?Doing business with Russian entities in non-sanctioned sectors of the economy requires some specific attention points regarding client due diligence (the risk exposure assessment process of clients to mon...

GDPR: inspiring data protection worldwide

Compliance, Compliance expert, Data Protection Authority, Data Protection Watchdog, EU, European Commission, GDPR, Privacy, Personal Data, Data Security,

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 me...