Global RADAR, Author at AI- Powered Risk Management Platform

By Global RADAR 24 November, 2025

International Authorities Expose Billion-Dollar Money Laundering Network Fueling War in Ukraine

In a major blow to international organized crime and sanctions evasion efforts, the UK’s National Crime Agency (NCA) has exposed a sophisticated Russian money laundering empire channeling billions of dollars worth of funds toward Russia’s military efforts in Ukraine. Dubbed Operation Destabilise, this ongoing international investigation has begun to reveal the sprawling yet increasingly interconnected […]

By Global RADAR 17 November, 2025

FinCEN Names Mexican Casinos Operating on Behalf of Sinaloa Cartel As Primary Money Laundering Concern

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) – the bureau tasked with collecting and analyzing financial information to combat domestic and international money laundering and terror financing activity – recently took decisive action against Mexico’s notorious Sinaloa Cartel, designating various transactions involving 10 Mexico-based gambling establishments tied to the group as a class of transaction of “primary money laundering concern” under Section 311 of the USA PATRIOT Act.

By Global RADAR 17 November, 2025

Agentic AI: Leading the Regulatory Revolution

In the high-stakes world of regulatory compliance, operational efficiency is everything. Within this space, maintaining thorough oversight and the appropriate checks-and-balances – specifically when dealing in high-value domestic and international transactions – is often the difference in avoiding costly fines and sanctions, reputational damage, and in some cases, even complete shutdowns for financial service providers […]

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By Global RADAR 7 November, 2025

Weekly Roundup: Regs & Risks

Increased vigilance and follow-up enforcement efforts by global governmental bodies and regulatory agencies – coupled with the efforts of financial institutions on the frontlines of the war on illicit finance – remain arguably the most vital pieces of the puzzle to stop the growth of transnational financial crime. Last week was a busy one in […]

By Global RADAR 20 January, 2025

Time is Running Out! Secure Your Spot in London at the NTT Data Sanctions Compliance Forum

Are you a compliance professional, risk leader, or executive striving to navigate the ever- evolving complexities of sanctions regulations? Mark your calendar for 27th February 2025 and join NTT DATA for an exclusive in-person event, in London, featuring some of the brightest minds in the sanctions compliance space. This is your opportunity to gain practical […]

By Global RADAR 20 January, 2025

Cash App To Pay >$250 Million to Settle with State, Government Regulators Over Compliance Failures

In a landmark decision, the U.S. Consumer Financial Protection Bureau (CFPB) recently levied a major penalty against popular money-transfer application Cash App over lax security protocols. The popular peer-to-peer (P2P) payment app’s parent company Block came under fire last week after a regulatory investigation into the firm’s dealings found that the company was operated “irresponsibly” […]

By Global RADAR 13 January, 2025

DOJ Blocks Access of China, Other Adversaries to U.S. Sensitive Personal Information

The crusade against cyber-crime remains a true transnational effort, with the leading defense organizations of some of the world’s most powerful countries continuing to collaborate on the most effective methods to limit new forms of cross-border crime in this technological age of finance. Over the last several years, one of the more widely analyzed areas […]

By Global RADAR 6 January, 2025

Bank of America Settlement with OCC Over BSA Shortcomings Leads to Regulatory Contempt from Small Banks

One of the most prominent names in global banking is off to a tumultuous start of the new year as it finds itself under the microscope of a significant regulatory investigation. Multinational financial services giant Bank of America recently found itself in the crosshairs of an anti-money laundering (AML) offensive led by the Office of […]

By Global RADAR 30 December, 2024

Court Ruling Deems CTA ‘Unconstitutional’, Leaving Small Businesses Off the Hook – For Now

Millions of international corporate entities and their governing bodies were left unsettled over the last week as the final decision on a critical piece of new and highly-anticipated anti-money laundering (AML) legislation came to a head, with these latest developments testing the integrity of American judiciary process. The primary component of the much-heralded Corporate Transparency […]

By Global RADAR 23 December, 2024

Treasury Stays on Offensive Against North Korean Cybercrime, Laundering Efforts

The U.S. Department of the Treasury remains busy as the close of 2024 fast approaches. Last week, the Treasury’s Office of Foreign Assets Control (OFAC) – the department’s financial intelligence and enforcement agency tasked with enforcing economic and trade sanctions in support of domestic national security and foreign policy objectives – levied sanctions against two […]

Author: Global RADAR