Regulatory Compliance Journal

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

VAT Carousels - The look back in the transactions For several years there have been occasional stories of VAT carousels ...

How to find the VAT number of a counterparty or customer ?How can you, as a company or obliged entity, search for the VA...

2 articles matching vat tag

How is real estate used for money laundering?

In February of 2022, Transparency International revealed that Russians linked to the Kremlin or with corruption charges had invested £1.5 billion in the UK property market, mostly through companies held in Britain’s overseas territories and crown dependencies. The findings exposed Great Br...

GDPR: inspiring data protection worldwide

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 means, nations around the globe have come to re...

Dawn of disruption: predicting AML in the next decade

The exponential growth of technology is leading to the disruption of numerous sectors including telecommunications, robotics, science, and finance. As banks are slowly adapting to high-tech innovations, the world of compliance and AML will face unprecedented changes and challenges in the near ...

How to write the perfect SAR?

Suspicious Activity Reports (SAR) drafted by financial institutions contain some of the most valuable information available to law enforcement agencies in the fight against financial crime. Yet, the FinCEN Files scandal of 2020 has shown that major banks have consistently failed to write and s...

Why do most AML programs fail?

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 2020, financial institutions were fined a grand total of $15.13 billion (€12.79 billion) worldwide, a 51.3% increase compared to 2019, with U...

Ayoub Raouf - Pideeco Member
Ayoub Raouf Traineeship
Andre Figueira De Carvalho - Pideeco Member
Andre Figueira De Carvalho Junior Consultant
Azahaf Sohaib - Pideeco Member
Azahaf Sohaib Traineeship
Momina Zahra - Pideeco Member
Momina Zahra Junior Consultant

More work

How do criminals launder their money using the Dark Web?

Blockchain, Money Laundering, Freedom of information, Whistleblowing, Cryptocurrencies, Anti Money Laundering, AML, Prepaid Cards,

Drug trade and illegal markets on the dark web have grown exponentially. Criminals are finding new and original ways to launder money generated from their illicit activities. The dark web is an encrypted part of the internet that hosts online conten...

How is BMR changing the landscape of benchmarks?

Compliance, European Commission, Europe, BMR, Benchmark Regulation, Euribor, , Eonia,

The recent creation of Benchmark Regulation has been the catalyst for a major transition from the old regime of benchmarks towards new and alternative reference rates set to transform the world of finance. In the past years, a global benchmark refor...

Look up company VAT number in Europe

VAT, TVA, VIES, Anti Money Laundering, AML, Europe, BTW, KYC, Know your Customer,

How to find the VAT number of a counterparty or customer ?How can you, as a company or obliged entity, search for the VAT number of a counterparty or customer? Whether you are a company that has to check whether your counterparty is subject to VAT...