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 award-winning 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.
When two federal agents visited Florin Krasniqi at his roofing company office in early 1998, they found the type of figure that haunts anti-financial crime professionals. The 33-year-old Krasniqi, with thick black hair and smiling eyes, was on the surface nothing more than an...
Rumblings at industry roundtables indicate that financial regulators are setting their sights on technology; they are implementing new technology and expect those that they regulate do the same. With the ongoing raft of regulatory messages, guidance, rules and regulation, it can often be hard to...
Nowadays, the compliance function is gaining relevance not only within the traditional financial sector, such as financial institutions, asset managers, corporate and trust service providers, but also from non-traditional sectors such as virtual assets service providers, real estate agents, luxury companies, export/import logistics, among others....
The Financial Action Task Force (FATF) sets an important standard for governments and financial institutions (FIs) across the globe. The FATF Recommendations and reports set the global bar for effective measures to counter money laundering and terrorist financing along with any other perceived threats...
The Fifth Anti-Money Laundering Directive (5AMLD) published the 19 of June 2018 offered amendments to the Fourth Anti-Money Laundering Directive (4AMLD) from 2015. This update was passed to devise a better action plan against money laundering and terrorist financing. Among other changes, the new...
Contexte Géopolitique et Mise en Place des Sanctions à l’encontre de L’Iran Depuis la chute du régime du Shah en 1979, partenaire inconditionnel de l’occident de l’époque, et la mise en place d’une République Islamique, l’Iran a entretenu des relations tendues, pour ne pas...
In June 2019, the Financial Action Task Force (FATF) published its updated guidance, clarifying the applicability of FATF Recommendations to virtual currencies and virtual asset service providers (VASPs). In contrast to earlier guidance, which highlighted a subset of FATF Recommendations relevant to covered entities, this...
Le 20 juin 2019, les étudiants du diplôme universitaire du présenté leur soutenance à Paris1.Pour la troisième année consécutive, l’accréditation a été délivrée par le département de droit et de science politique de l’Université de Versailles Saint-Quentin-en-Yvelines avec le soutien de l’association des spécialistes certifiés...
On June 20, 2019, students of the compliance officer degree program presented their final assignments. For the third consecutive year, the accreditation has been offered by the University of Law at Université de Versailles Saint-Quentin-en-Yvelines in Versailles, France with the support of the Association...
For the last two decades, financial institutions (FIs) and governments worked on different sides of the spectrum to combat financial crime. Governments imposed rules that sometimes curtailed FIs in the fight of such crimes. Now both parties are looking for ways to work closer together...
Our award-winning 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
