Compliance Archives - AI- Powered Risk Management Platform

By Global RADAR 2 March, 2026

FinCEN Announces New-and-Improved Onboarding Protocols for Domestic Banks

Since 2025, the Trump administration has focused on reducing regulatory burdens for banks by targeting “debanking” practices, removing subjective “reputational risk” metrics in banking oversight, and even restructuring the very regulatory organizations that govern firms’ compliance with current legislation. Customer Due Diligence (CDD) however remains at the forefront of the United States’ ongoing anti-money laundering […]

By Global RADAR 6 February, 2026

Trending: How the Human Element Complicates Regulatory Compliance

Since the turn of the century, government-mandated anti-money laundering (AML) frameworks have stood as the financial industry’s first line of defense against illicit activity, with legislation governing respective programs designed to detect suspicious activity and stop the proceeds of criminal activity from being “cleaned” through financial institutions – protecting the integrity of both the domestic […]

By Global RADAR 16 January, 2026

What does the latest Office of Foreign Assets Control (OFAC) penalty mean for UK property firms?

On November 24, 2025, the Office of Foreign Assets Control (OFAC), part of the US Department of the Treasury, imposed a $4,677,552 (£3,458,193) penalty on a real estate investor for ‘violating Russia sanctions and reporting obligations’. ‘US Person-1’ was found to have willfully dealt in property which was owned by a blocked and sanctioned individual […]

Real-time compliance monitoring software

By Global RADAR 29 August, 2025

Detecting Suspicious Activity Instantly with Live Compliance Tracking

Suspicious activity does not wait. It moves fast, often in ways that are designed to hide in plain sight. We have seen how a delay of even a few hours can allow risky transactions to pass unchecked. That is why live compliance tracking is more than a tool for us. It is a core part […]

By Global RADAR 18 August, 2025

FCDO Sanctions Expansion Highlights Need for Multi-List Screening

The new FCDO (Foreign, Commonwealth & Development Office) list is vital for effective UK sanctions screening because it expands the scope beyond just financial sanctions and meets the UK’s obligations under domestic and UN-driven regimes, especially amid heightened global sanctions activity. With the ongoing fight against illicit finance in full swing, staying up to date […]

Bank Compliance Software With Regulatory Change Management

By Global RADAR 30 June, 2025

How Do AML Programs Handle Customer Due Diligence at Scale?

Large institutions onboard thousands of customers every month. Each one needs to be screened, verified, and reviewed. That sounds tough for any compliance team to handle manually. Yet skipping steps or rushing through checks creates risk — risk that can lead to fines, fraud, and regulatory trouble. That’s where scalable Anti-Money Laundering (AML) systems step in. Let’s […]

By Global RADAR 2 June, 2025

How Financial Compliance Automation Software Reduces Regulatory Risk

Keeping up with financial regulations is hard. Rules change often. Businesses face many risks, from fines to reputational damage. Compliance is a big task. Manual processes can lead to mistakes. But there’s good news. Financial compliance automation software can help reduce these risks. What is Financial Compliance? Compliance means following the rules set by regulators. […]

By Global RADAR 13 May, 2025

Will AI-Based Fraud Detection Shape the Future of Regulatory Compliance?

In today’s evolving, largely digital economy, the exponential rise in online banking transactions has led to a near equal increase in cases of financial fraud. Today, bad actors have come to employ highly sophisticated methods in their own right to bypass the conventional modes of detection previously used by individual consumers and financial institutions alike […]

By Global RADAR 19 March, 2025

How to Reduce False Positives in Sanctions Screening

False positives slow down compliance teams. They waste time, drain resources, and create delays. Reviewing endless alerts pulls teams away from real threats. Businesses need smarter ways to manage risk. Relying on manual checks increases the chance of errors and missed deadlines. An Automated Sanctions Compliance Service for clearing false positives makes the process faster […]

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 […]

Category: Compliance