Can the World Bank Actually Stop Corruption?
It seems that every few months, we begin to hear the rumblings over new and potentially revolutionary developments in the corruption space that “experts” believe will help shape both the…
Global RADAR Launches New Beneficial Ownership Tool
Global RADAR has announced the launch of its latest offering aimed to make it easier for organizations to manage beneficial ownership requirements. With the looming deadline of May 11, 2018,…
U.S. Banks Need Answers on New FinCEN Compliance
As May 11th, 2018 approaches, financial institutions across the United States continue to work towards ensuring their compliance with the latest set of regulations introduced by the Financial Crimes Enforcement…
IRS to end offshore voluntary disclosure program
Taxpayers with undisclosed foreign assets urged to come forward now The Internal Revenue Service announced on March 13, 2018 that it will begin to ramp down the 2014 Offshore Voluntary…
ICO’s: Will New Regulations Hinder a Growing Industry?
Over the last six months, talk of Initial Coin Offering’s (ICO’s) and the Bitcoin-boom have shared the spotlight across the financial realm. Yet while startup cryptocurrency firms have already succeeded…
De-Risking Sparks Controversy At U.S.-Mexico Border
Between late 2016 and early 2017, Global RADAR ran several spotlight features on a trend now infamously known as “de-risking”, where financial institutions generally based in well-developed countries (i.e. the…
Sanctions Update: Is the Iran Nuclear Deal in Jeopardy?
Although controversial to this day, the 2015 Iran nuclear deal is widely considered the signature foreign policy move made by Barack Obama during his tenure as President of the…
Everyday Technology Posing New Compliance Risks?
The growth and reliance on technology in the financial realm in recent years has opened new doors for financial service enterprises across the globe to promote better, more efficient practices,…
OCC Risk Report: New Risks for U.S. Banks?
The Office of the Comptroller of the Currency (OCC) has just released its semiannual risk report, highlighting a series of strategic, credit, operational and compliance risks facing the United…
Compliance Officer Risk
Is Being A Compliance Officer Worth the Risk?
In June of 2016, Global RADAR featured a story on a trend that was beginning to have a sizable impact on the realm of regulatory compliance and financial security both…