The Europe Express column features anti-financial crime-related content with a regional focus in Europe from subject-matter experts. If you would like to contribute to this column or have any topics you would like to suggest, please email editor@acams.org.
Our regular contributor is Stefano Siggia, CAMS, senior consultant at the Brussels-based regulatory and compliance consultancy firm Pideeco.
Siggia was born in Italy but grew up in Bangladesh, China, Germany and Belgium, where he currently resides. After earning his bachelor’s degree in international affairs from Vesalius College and a master’s degree in international relations from the Brussels School of International Studies
(University of Kent), he worked at Banca Monte Paschi Belgio.
In February 2022, the Financial Action Task Force (FATF) categorised the United Arab Emirates (UAE) as an increased monitoring jurisdiction as part of the Mutual In February 2022, the Financial Action Task Force (FATF) categorised the United Arab Emirates (UAE) as an increased monitoring jurisdiction1...
On 10 February 2022, over 100 individuals attended the ACAMS Netherlands Chapter webinar focusing on the integration of environment, social and governance (ESG) principles into existing anti-money laundering and combatting the financing of terrorism (AML/CFT) compliance frameworks. KPMG Netherlands Sustainability Partner Marco Frikkee and Rebecca...
Global efforts to tackle money laundering have just been given a mixed assessment. In April 2022, a report from the Financial Action Task Force (FATF) pointed out that although progress has been made in terms of countries’ compliance with anti-money laundering (AML) rules, many still...
Les États membres des Nations Unies se sont mis d’accord en 2015 afin d’atteindre les 17 Objectifs de développement durable des Nations Unies définissant les cibles à atteindre à l'horizon 2030.1 Des objectifs des Nations Unies aux directives européennes anti-blanchiment Dès fin 2016, la Commission...
There are specific rules in place to regulate and supervise credit institutions and payment service providers across Europe. Banks and other license holders are required to cooperate with their national supervisors, who coordinate their work through the network of national financial supervisors. The biggest European...
An elephant is poached every 30 minutes.1 An African rhino dies for its horn every eight hours.2 One in every five fish is caught illegally.3 In some African and South American countries, 50% to 90% of the wood harvested is illegally traded.4 These are illegal...
La crise du COVID-19 a déclenché une hausse sans précédent dans la production et la distribution de matériels d’abus sexuels d’enfants et d’exploitation sexuelle d’enfants, la retransmission en direct d’abus sexuels sur enfants et en particulier des contenus/matériels sexuels autoproduits. Aux commencements de la crise,...
The ninth annual Anti-Money Laundering and Counter-Terrorist Financing Supervision Report 2019-201 issued by HM Treasury in the UK highlights notable changes in supervisory activity and fines that supervisors have issued. Civil penalties continue to rise year on year as the Financial Conduct Authority (FCA) exercises...
Most of the ground to be covered by the proposed EU AML Authority is familiar territory. Anti-money laundering (AML) practices are well established. But in the burgeoning world of cryptocurrency trading, the challenge of identifying true asset owners is altogether different, as the UK regulator...
When walking along the Seine in Paris, one can see drawings on a wall depicting unusual icons. What appear to be children’s drawings at first are actually images representing the 17 Sustainable Development Goals agreed upon by UN member states in 2015. These ambitious and...
Our regular contributor is Stefano Siggia, CAMS, senior consultant at the Brussels-based regulatory and compliance consultancy firm Pideeco.
