Trending: UK’s 4th AML directive and The Weekly Roundup
UK’S 4th AML Directive Causes an Overseas Stir Following the UK’s vote to leave the European Union (EU) in the summer of 2016, many wondered what the potential consequences of this…
Trending: Money laundering in Hollywood & more
Hollywood Stars Implicated in Money Laundering Cases Despite the epic rise of the anti-money laundering (AML) movement seen across the globe since the 2008 global financial crisis, coupled with the…
Trending: U.S. aid needed to combat terror-financing? & The Weekly Roundup
Decreased U.S. Aid = Increased Terrorism Rates? Given the wealth of easily accessible information – both credible and “alternative”— available to the majority of individuals residing in most of the…
Trending: Increased RegTech spending and the Weekly Roundup
Greater RegTech Spending on the Horizon for FI’s As financial institutions (FI’s) continue to place a premium on financial security and subsequently a reduction of reputational risk and other repercussions,…
beneficial Ownership Unmasked
Trending: GTO’s and the Weekly Roundup
GTO’s: Changing AML For The Better Several months ago, Global RADAR reported on the extension of a testing period for the new federal regulations enacted in 2016 with the purpose…
Trending: Artificial Intelligence & AML and Weekly Roundup
Artificial Intelligence Making Waves in AML It seems like just yesterday that many an organization’s compliance responsibilities involved delegating a significant amount of time and manpower to manually monitoring transactions…
Trending: Doral Money Laundering and Weekly Update
Doral: The Money-Laundering Hub No One Has Heard About Few outside of South Florida know much about the small, but exponentially growing suburb of Doral, located just a few miles…
Trending: UK Money Laundering Magnet and Weekly Roundup
U.K. – London: A Money Laundering Magnet Last week, Global RADAR briefly reported on the “Global Laundromat” scandal that sent shockwaves across the world in wake of the eye-opening Panama…
Trending: Identifying Anonymous Ownership and the Weekly Roundup
Identifying Anonymous Ownership: Now or Never With the “national disgrace” that is the Global Laundromat scandal causing a stir in the United Kingdom (see Weekly Roundup for more information), a…
Trending: UK’s new watchdog and Weekly Roundup
The U.K.’s Newest AML Watchdog In weeks past, Global RADAR reported on the investigation into several significant AML breaches alleged against prominent British banking and financial services company HSBC. The…