Pandemic or not, fighting Financial Crime Compliance is still important

The pandemic still rages across the globe with countries in different degrees of lock down or slowly opening up. The impact on financial crime is not clear yet but headlines from…


Like0 Comments2 Minutes

COVID-19 and Tax Integrity

In the context of COVID-19 corporate tax dodging takes on special relevance and the need to address it comprehensively is compelling.


Like0 Comments8 Minutes

AML/CFT & COVID-19 Briefing

COVID-19 is creating distress in many societies and economies across the globe. In recent weeks much information has surfaced on how organised crime is evolving to benefit from…


Like0 Comments1 Minutes

Risk and Opportunities under COVID-19

The COVID-19 crisis, the lockdowns and travel restrictions have an immediate impact on peoples lives. Likely at least part of that impact will stay. Normal will no longer be what…


Like0 Comments4 Minutes

EU Directive on Administrative Cooperation (DAC 6)

On May 25, 2018, the Counsel of the European Union has issued the Council Directive (EU) 2018/822 (DAC6). Member states will have adopted and published, by 31 December 2019 at the…


Like0 Comments7 Minutes

Trade Based Money Laundering, Tax Evasion and Developing Countries

Trade-based money laundering (TBML) and tax evasion contributed to a nearly $9-trillion loss for developing countries between 2008 and 2017, according to a recent report published…


Like1 Comment5 Minutes

2019 Q4 Trendletter

Season's Greetings! With this update, the i-KYC team is pleased to bring to your attention a selection of interesting developments in the field of financial crime prevention in…


Like0 Comments1 Minute

ABCs of ABC Program

ABC (Anti-Bribery/Corruption) is a cause that the entire world is fighting for. All countries, even the developed ones, suffer from the consequences of bribery and corruption to…


Like0 Comments8 Minutes

The cost of compliance – again

It’s the end of yet another year full of fails in Financial and Economic Crime Compliance around the world. To name just one example, WestPac was in the news for 23 million…


Like0 Comments5 Minutes

What banks can learn about compliance culture from Volkswagen, Novartis & Tenneco

Earlier this year, chief compliance officers from the world’s largest carmaker, Volkswagen AG, Swiss pharmaceutical giant Novartis, and U.S.-based auto parts manufacturer,…


Like0 Comments5 Minutes