Europe Express Archives

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.

Europe Express, World Digest

AML Controls for Crypto in Europe

March 30, 2022 /Leave a comment

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...

Europe Express, Special for the Web

Europe and the Illegal Wildlife Trade: Where Are We Now?

February 22, 2022March 4, 2022 /1 Comment

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...

COVID-19 and The Sexual Exploitation of Children Online

Europe Express, World Digest

La COVID-19 et l’exploitation sexuelle des enfants en ligne

February 22, 2022March 4, 2022 /Leave a comment

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,...

Europe Express, World Digest

The Continuing Rise of Financial Penalties

January 26, 2022February 7, 2022 /Leave a comment

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...

Europe Express, World Digest

AML: The Biometric Solution for Crypto

October 18, 2021December 8, 2021 /Leave a comment

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...

Europe Express, World Digest

Forced Labour: Five Key Financial Risk Indicators

August 6, 2021 /Leave a comment

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...

Europe Express, World Digest

EMEA Roundup: Summer Updates From the ACAMS EMEA Team

June 14, 2021June 25, 2021 /Leave a comment

In the aftermath of Brexit and with a third wave of COVID-19 sweeping through Europe at the time of publication, the anti-financial crime (AFC) community continues to face increased pressure to become more effective and respond swiftly to emerging threats, and the expectations of...

AML Policy, Europe Express, Special for the Web

CDD, GDPR and POPIA Regulations: A Compliance Quandrum

February 5, 2021June 1, 2021 /Leave a comment

According to the site Malaphor, quandrum is a word combining ‘quandary’ (dilemma) and ‘conundrum’ (a puzzle).1 When finding a workable solution between customer due diligence (CDD) requirements, the General Data Protection Regulation (GDPR) and the Protection of Personal Information Act (POPIA), compliance becomes a...

Europe Express, Exclusive, Tech Scope

AI: The Double-Edged Sword in AML/CTF Compliance

January 27, 2021February 15, 2022 /Leave a comment

Artificial intelligence (AI) has enhanced financial services, improved regulatory compliance and more. However, AI poses an equally dangerous threat to ethical governance, data protection and cybersecurity, as well as fundamental human rights. There are over 70 proposed definitions for AI, one of which describes it...

Europe Express, Français, World Digest

Diplôme universitaire du chargé de conformité LAB/LFT : Le financement participatif

January 21, 2021March 2, 2021 /Leave a comment

Cet article couvre les travaux de quatre étudiantes de la promotion 2019-2020 du diplôme universitaire de charger de conformité LAB. Un grand merci pour ce travail de qualité ! Le diplôme universitaire du chargé de conformité, spécialité lutte-anti-blanchiment (LAB), proposé par l’Université Paris-Saclay1 en collaboration...

Continuer la lecture

ACAMS Today

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

Neobancos: Enigma legislativo

El narco comercio

República Dominicana: Avances en materia anticorrupción

Sanciones y sus desafíos

El lavado transaccional

Harmonisation of the EU AML Framework

AML Controls for Crypto in Europe

Europe and the Illegal Wildlife Trade: Where Are We Now?

La COVID-19 et l’exploitation sexuelle des enfants en ligne

The Continuing Rise of Financial Penalties

AML: The Biometric Solution for Crypto

Forced Labour: Five Key Financial Risk Indicators

EMEA Roundup: Summer Updates From the ACAMS EMEA Team

CDD, GDPR and POPIA Regulations: A Compliance Quandrum

AI: The Double-Edged Sword in AML/CTF Compliance

Diplôme universitaire du chargé de conformité LAB/LFT : Le financement participatif