Anti-Money Laundering Archives - AI- Powered Risk Management Platform

By Global RADAR 15 September, 2025

FinCEN Announces Major Reversal on Beneficial Ownership Reporting, Record-Keeping Requirements for U.S. Firms

In a significant shift away from what was once a highly-anticipated piece of anti-money laundering (AML) reform, the U.S. Department of Justice’s Financial Crimes Enforcement Network (FinCEN) recently announced sweeping drawbacks related to beneficial ownership reporting requirements for U.S. companies and persons. In addition to an announcement made in March 2025 that saw the removal of the […]

All-in-one anti-money laundering and KYC software platform

By Global RADAR 12 September, 2025

Building Stronger Risk Profiles with Integrated AML and KYC Systems

Risk is never static. Clients change. Markets change. Regulations change. Without the right tools, you’re always catching up. At Global RADAR, we built software to keep you ahead. Our integrated approach to AML and KYC goes beyond ticking boxes. It creates living, evolving profiles that reflect true risk. That means sharper decisions and fewer blind […]

AML anti-money laundering software with transaction analysis

By Global RADAR 12 September, 2025

Detecting Complex Laundering Methods with Advanced AML Technology

Money laundering is not always obvious. Criminals use complex methods to hide money gained from illegal activity. They split funds into small transactions, move them through many accounts, and disguise them as normal business activity. We work every day to stop these hidden movements. Our tools give us immediate access to information on individuals and […]

By Global RADAR 8 September, 2025

UK Tightens Grip on Crypto Crime: New AML Rules Signal Broader European Crackdown

Amid the ongoing rise of cryptocurrency visibility and investment at the global scale over the past decade, the Treasury Department of the United Kingdom announced a bold move to curb financial crime within this space, unveiling a draft of stringent anti-money laundering (AML) regulations targeting crypto firms, aligning with a broader wave of regulatory crackdowns sweeping across […]

By Global RADAR 25 August, 2025

U.S. Legislators Push for Enhanced Oversight of Art Market with New AML Act

On July 23, 2025, a bipartisan group of United States Senators, including John Fetterman (D-PA), Chuck Grassley (R-IA), Sheldon Whitehouse (D-RI), Bill Cassidy (R-LA), Andy Kim (D-NJ), and David McCormick (R-PA), introduced the Art Market Integrity Act. This proposed legislation aims to close major domestic loopholes with respect to defense from illicit financial activity by bringing […]

By Global RADAR 28 July, 2025

As FinCEN Announces Delay on Revolutionary AML Rule, Questions Follow

Last week, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a major shake-up in the implementation of a long-awaited and groundbreaking piece of AML legislation. On July 21st, FinCEN announced a significant delay for the application of its final anti-money laundering (AML) rule for investment advisers, pushing the effective date of implementation from […]

By Global RADAR 23 July, 2025

The Impact of Real-Time Alerts on AML Monitoring Efficiency

Criminals don’t wait. So why should alerts? Every second matters when your job is to spot suspicious money before it moves out of reach. That’s where real-time alerts shift the game in AML monitoring. They give compliance teams the speed they need to act fast. No more waiting for reports. No more missed flags buried […]

By Global RADAR 22 July, 2025

Transaction Analysis at the Core of Advanced AML Software

In the fight against financial crime, no single tool or rule can work alone. Names and watchlists once formed the backbone of compliance, but things have changed. Criminal networks are smarter, faster, and more layered. To catch them, financial institutions need to see beyond surface-level alerts. The key is understanding behavior. And behavior shows up […]

By Global RADAR 15 July, 2025

Singapore Levies Major Penalties on Nine Banks in Billion-Dollar Money Laundering Case, Falls Short on Personal Liability

Last week, Singapore’s central bank, the Monetary Authority of Singapore (MAS), imposed collective fines totaling a whopping S$27.45 million ($21.5 million USD) against a total of nine financial institutions, a list including notable names such as UBS, Citibank, and Julius Baer Group, in connection with a major money laundering scandal that rocked the city-state in […]

By Global RADAR 23 June, 2025

AI-Powered Money Laundering: A Growing Threat to Financial Integrity

As the golden age of technological development continues to unfold and artificial intelligence (AI) continues to achieve mainstream utilization by businesses and individuals alike, the growth of AI-backed protocols has already contributed to significant improvements in workflow and operational efficiency across the financial realm. With AI now being used by financial institutions to better meet […]

Category: Anti-Money Laundering