2020 Q3 Trend Letter
September 28, 2020
As the world focuses on controlling the COVID-19 pandemic, the plague of financial crime continues to thrive. This quarter's Trend Letter focuses on the global business of cybercrime (estimated…
Living in a New Reality, a Perfect Storm with Changing Dynamics
September 23, 2020
By Victor van der Kwast These days we live in a perfect storm, with global warming, COVID-19, geopolitical shifts, power struggles, election campaigns, the next steps (or not) in Brexit and a new way…
The Impact of Ethical Guidelines on Reality
September 23, 2020
Two announcements caught our attention over the last weeks… One from the MAS, publishing a set of guidelines on individual accountability and conduct [1] and another one where the EU calls for a…
Cybercrime – a Global Business
September 23, 2020
The activities of cyber-criminals, whether working individually, as part of a small gang, as organised crime groups, or even for a nation state, have resulted in annual total cyber-crime revenue…
2020 Q2 Trendletter
June 27, 2020
Perhaps unsurprisingly, i-KYC devotes a lot of attention this quarter to the impact of the Corona pandemic on financial crime prevention. Click here to read the Trendletter
Pandemic or not, fighting Financial Crime Compliance is still important
June 23, 2020
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 last week’s KYC360…
COVID-19 and Tax Integrity
June 23, 2020
On February 18, 2020, the Economic and Financial Affairs Council of the EU (ECOFIN) adopted a revised EU blacklist of non-cooperative jurisdictions for tax purposes. The EU Finance Ministers agreed…
AML/CFT & COVID-19 Briefing
May 28, 2020
As we are all acutely aware, 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…
Risk and Opportunities under COVID-19
March 25, 2020
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 it used to be and…
EU Directive on Administrative Cooperation (DAC 6)
March 24, 2020
On May 25, 2018, the Council of the European Union has issued the Council Directive (EU) 2018/822 (DAC6)[1]. Member states will have adopted and published, by 31 December 2019 at the latest, the…