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How “Not” to Do AML Compliance

Technology is dominated by two types of people: those who understand what they do not manage and those who manage what they do not understand.

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AML Compliance Costs – How Much is Enough?

A major growth area in U.S. Finance is in regulatory compliance, and this is due in large part to the rapid rise of money laundering activities over the past several years

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Blockchain: Reshaping the Future of Banking and Payments Processing

Blockchain technology is making headlines this week as UBS, Bank of America, and HSBC have all jumped on the bandwagon.

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Getting to know Global RADAR

The current issues revolve around client data and how information can be stored, accessed, analyzed and enhanced to ensure compliance with regulatory requirements

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How Independent is your BSA Auditor?

Federal regulatory agencies require that the domestic financial institutions they supervise develop written BSA compliance programs that are approved by their respective board

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Tax Evasion

Let’s face it: no one likes to pay taxes. Some people more than others and some even believe that the system is unfair or wrong.

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Understanding the Two Sides of Bitcoin

Bitcoin was one of the hottest topics in finance last week due to the court ruling in Florida on its legitimacy as a currency

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The Cost of Compliance

Increasingly strict Anti-Money Laundering and Counter Terrorism Financing regulations continue to set the tone for the global financial services industry.

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Final Rule for Customer Due Diligence Requirements for Financial Institutions

On May 6, 2016, the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) published a final rule under the Bank Secrecy Act (“BSA”)

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The Orlando Shooting and the Impact on AML

The horrific events that happened last week in Orlando, Florida, could also provide us with certain lessons that can be applied to the AML compliance efforts

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