Crypto and traditional financial institutions
December 21, 2020
In a way I’m probably like many professionals coming from a traditional banking environment and have a bit of a blind spot for anything like crypto or distributed ledger technology, bitcoin and token…
Data Quality in KYC/AML
December 21, 2020
Ever since in May 2018 the ECB published the “Report on the Thematic Review on effective risk data aggregation and risk reporting” data quality has improved – not only in Europe- as one of the big…
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…