Trending Topic Updates: August 2017
At Global RADAR, we strive to provide our readers with the most up-to-date trends and information on current topics and developments affecting the financial services sector in 2017. In this…
Stopping Financial Crime In 3 “Easy” Steps
For years now, you have read articles from Global RADAR documenting cases involving criminal offenses such as money laundering, terrorism, and corruption. Some of the more high-profile cases that have…
Trending: Data Protection Regulation & The Weekly Roundup
The Effect of Data Protection Regulation on European FI’s Last week, Global RADAR featured a story on the passing of the Money Laundering, Terrorist Financing and Transfer of Funds Regulations…
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…
The Potential Impact of Cryptocurrency on the Remittance Industry
The importance of the potential transformation to the way cross-border money transfers are made cannot be overstated, as remittances are absolutely crucial to the development of countless impoverished countries around…
Trending: The risk of being a compliance officer & The Weekly Roundup
America’s Riskiest Job: Compliance Officer? Ever had a minor slip-up on the job and laughed it off with coworkers a couple of days later? Probably. Now think about the possibility…
Trending: Germany takes a gamble on Casinos & Weekly Roundup
New Casino Laws In Germany: A Worthwhile Gamble In early May, Global RADAR reported on a growing trend in the gambling industry that has gained serious traction in much of…
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: Proxy Betting and Weekly Roundup
Proxy Betting Epidemic in S.E. Asia A recent trend has recently emerged in much of Southeast Asia that has many financial watchdogs and activists scrambling to stop what has the…
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…