Dominic Suszek, Author at Global RADAR
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  • Dominic Suszek is the founder and chief executive of Global RADAR. He spent twenty one years inside bank operations before building the software that automates them, as chief information officer of Jefferson National Bank in Miami Beach from 1986 to 1997 and as chief operations and technology officer of TransAtlantic Bank from 1997 to 2007. Since 2007 he has served as an interim Bank Secrecy Act officer and anti money laundering remediation coordinator for financial institutions, and he sits on the board and the risk and audit committee of Natbank. He is the author of The Complete Anti-Money Laundering Guide and The Complete Guide to Sanctions, among eight published titles on financial crime compliance.
By Dominic Suszek 1 November, 2026

U.S. Legislator Raises Corporate Liability, Executive Accountability Questions Following Bank of America’s AML Shortcomings

The recent record-setting financial penalties levied against Bank of America’s over the firm’s multi-year anti-money-laundering failures may represent only the tip of the iceberg with respect to potential regulatory and legal challenges facing the financial services giant. Less than three weeks after the U.S. Treasury Department announced penalties in excess of $1.21 billion against the […]

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By Dominic Suszek 30 October, 2026

Five days to answer, and five more to prove it: notes from the London market sanctions panel

Earlier this year I joined a panel at NTT DATA’s London headquarters for a session called Sanctions in the London Market: Regulation, Risk and Reality. The room was made up of people who run sanctions compliance for a living, and the conversation was more candid than most events of this kind manage. Three things came […]

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By Dominic Suszek 25 October, 2026

The Prediction Markets’ Biggest Bet: Regulatory Acceptance

The business of predicting the future has developed into a multibillion-dollar industry, and one that continues to grow at an exponential rate. Prediction markets now allow users to effectively trade shares on the outcome of future events without the stigma associated with conventional wagering. In these markets, rather than betting against a casino or sportsbook […]

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By Dominic Suszek 18 October, 2026

Bank of America Faces Historic Treasury Penalty Over Rampant AML Failures

Despite years of progressive regulatory scrutiny and the widespread implementation of increasingly-sophisticated financial surveillance systems, anti-money laundering (AML) failures continue to expose vulnerabilities in the international banking system. Unfortunately for all parties involved, when these compliance controls fail at major financial institutions, the consequences can extend well beyond corporate balance sheets to negatively affect national […]

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By Dominic Suszek 11 October, 2026

American Express Hit With $350 Million OCC Penalty Over Anti-Money-Laundering Failures

Despite decades of regulatory reforms, billions of dollars-worth of collective enforcement actions and the arrival of increasingly sophisticated financial surveillance systems to the realm of mainstream finance, anti-money-laundering and counter-terrorism financing (AML/CFT) failures continue to persist both domestically and abroad, creating vulnerabilities for all parties operating across international banking sector and allowing illicit funds to […]

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By Dominic Suszek 4 October, 2026

U.S. Tightens Net Around Russia, Iran Sanctions Evasion with Shadow Bank Network Crackdown

The fight against sanctions evasion has become an increasingly important front in the broader effort to disrupt illicit finance on the global scale. In recent years, the United States government has characterized sanctions evasion and associated illicit financial activity as legitimate threats to our national security interests, with the financial infrastructure used to move sanctioned […]

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By Dominic Suszek 27 September, 2026

New OFAC and FinCEN Frameworks Seek to Modernize U.S. Financial Crime Regulations

The American regulatory landscape is undergoing a period of modernization as federal regulators seek to strike a balance between maintaining effective compliance frameworks to address increasingly complex and evolving financial crime risks while avoiding over-burdening the already thin compliance departments found within domestic financial institutions. In recent weeks, proposed changes brought forth by the U.S. […]

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By Dominic Suszek 20 September, 2026

Iran’s Crypto Economy Under Fire in New U.S. Sanctions Crackdown

Iran has spent years building ways to move money around the international financial system in order to circumvent international sanctions over their notorious terrorism financing exploits, nuclear program development, and human rights violations. Unfortunately, the growth in the cryptocurrency space has allowed the embattled nation to bypass these widespread international banking restrictions that previously had […]

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By Dominic Suszek 13 September, 2026

Citibank’s Russian Sanctions Failures Highlight Growing Risks for International Firms

Withstanding the test of time, economic sanctions remain a crucial diplomatic tool used by governments and international bodies to influence foreign behavior, enforce international law, and protect national security without resorting to military action. Since the country’s full-scale invasion of Ukraine in February 2022, the subsequent escalation of sanctions enforcement taken against Russia has become […]

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By Dominic Suszek 6 September, 2026

The Hidden Banking System Moving Billions Alongside the Global Financial System

For decades, the global financial system has been built around the assumption that all funds leave a trail. Through the use of traditional bank accounts, wire transfers, and credit cards, payment processors and other regulated financial institutions have been able to create records that their own compliance departments and investigators have used successfully to follow […]

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