Europe Archives - Page 9 of 9

The Royal El Fraude

January 7, 2015September 9, 2015 /Leave a comment

The institution of the Spanish monarchy has been considered sacrosanct for centuries, even more so since the end of the four-decade-long Franco dictatorship in 1975 and the beginning of a parliamentary monarchy era in Spain. Those who have not had a chance to live under...

December 2014 - February 2015, Europe, Regulatory Initiatives

Europe’s Upcoming Fourth AML/CFT Directive

December 9, 2014September 9, 2015 /Leave a comment

In February 2013, the European Commission adopted two proposals: the Fourth AML Directive and a complementary regulation on what information must accompany fund transfers to ensure traceability. The European Parliament's and European Council's so-called "draft directive on the prevention of the use of the...

— December 2013 – February 2014, Europe, Features, Regulatory Initiatives

Reining in Tax Evasion

December 18, 2013September 9, 2015 /Leave a comment

The road to FATCA and the Fourth EU Directive – Customer Due Diligence Requirements Revisited Offshore tax evasion is widely recognized as a global issue requiring global solutions. Some of the regulation emerging from ongoing discussions on an international level will impact directly upon financial...

Europe, Global Financial Crime Review, September – November 2012

Enhanced Due Diligence is a Must to Mitigate AML Exposure in Turkey

September 13, 2012September 9, 2015 /Leave a comment

The laundering of funds generated from the sale of drugs continues to be a major threat, not least due to the frequent nexus between drug cartels and terrorist organizations. The recent money laundering investigation into HSBC’s Mexican operations 1 is a case in point and...

Europe, Interviews, June 2012 – August 2012

Satisfaction Despite Difficulties

May 29, 2012September 9, 2015 /Leave a comment

In Serbia there are more and more final verdicts against money launderers. A new system has been established making Serbia the first country in Europe to start the process of a national risk assessment of money laundering. In this interview, Aleksandar Vujicic, Director of the...

Compliance, Europe, June 2011 – August 2011

Floating Toward Disaster—A List That Looks Convincing Leaves Banks Thinking They are Covered

August 29, 2011September 9, 2015 /Leave a comment

Editor's note: This article is the second in a series that examines how banks can better assess geographical risk. Both at client take-on and in transaction monitoring, geography plays a key role in helping banks carry out their risk-based approach to anti-money laundering (AML) compliance....

ACAMS Today

The Magazine for Career-minded Professionals in the Anti-Money Laundering Field

Matthew S. Axelrod on the Critical Importance of Export Controls

AFC Developments Addressed at the Assembly Hollywood

David Mortlock on Sanctions Enforcement and Asset Recovery

Europe’s PEP List Debate

Russian Sanctions: Hitting the Target or Missing the Mark?

The Missing Pieces in Financial Crime Investigations

Europe