Category: Trending

pic57

The Race for Compliance Officers Heats Up in 2022

With the depth of AML/CFT regulations and federal legislation seen today largely governing the day-to-day workflows of American financial institutions small and large,

Read More
56

American Bar Association Strikes Regulatory Hammer Against ENABLERS Act

Last summer, Congress announced that a groundbreaking measure was on the horizon that would significantly impact the entire American regulatory compliance sector moving forward.

Read More

Changes Forthcoming for Crypto Space, Anti-Drug Crusade as Senate Passes 2024 NDAA

In wake of a string of high-profile scandals that rocked the international cryptocurrency space to the tune of a near $2 trillion loss in global market cap, the United States government is continuing

Read More

Trending: FinCEN Highlights Novel U.S. Tax Evasion Efforts through Shell Companies

As inflation rates continue to wreak havoc on the bottom-lines of the middle and lower class across the United States, American citizens are seeing their dollar count for arguably less than ever

Read More
pic9

U.S. Continues Crackdown on Crypto Mixers in New Criminal Proceedings

One story dominated international headlines this week, as two key cogs in the multinational underground operation that is Tornado Cash have been charged with laundering over $1 billion

Read More
secure

ChatGPT for Banks? As AI Grows, Security Risks Remain for Financial Sector

The trend towards heavier investment and a renewed commitment of resources to the development of machine learning and artificial intelligence-backed technologies has created a modern-day

Read More

FCC Levies New Regulation as SIM Swap Scams, Port-Out Fraud Increases

As societal reliance on “smart” technologies has grown to encompass the entirety of the developed world, the average citizen has come under fire by fraudsters aiming to exploit the wealth of new

Read More

Trending: Global AML-Related Fines Surged by 50% in 2022

The penalties issued against both domestic and international financial service providers for lapses in their money laundering defenses rose

Read More

Trending: OFAC Increases Civil Monetary Penalties for 2023

As 2023 commences, the United States remains arguably the most significant international influencer with respect to efforts to curb money laundering

Read More

Regulatory Revolution: American Bankers Association Rejects Beneficial Ownership Rule

Last week, Global RADAR discussed the American Bar Association’s ongoing fight against Congress’ potential passing of the groundbreaking ENABLERS Act

Read More