The Global RADAR Weekly Compliance Brief, delivered weekly to compliance officers worldwide. Each issue covers AML, CFT, and sanctions developments from the prior week with operational implications, a 30-day regulatory calendar, and a practical next step for your program.
Every Wednesday. One email, written for compliance officers, covering what changed in AML, CFT and sanctions in the prior week and what it means for your programme. No pitch.
FinCEN moves to revoke Banque Misr UAE’s US correspondent access under Operation Economic Outcast, five agencies clarify that SAR confidentiality does not bar warning customers, and the southwest border reporting order returns.
Treasury’s GENIUS Act Section 3 proposal puts the license on the stablecoin issuer, with a January 18, 2027 deadline and platform sale restrictions from 2028. Plus OFAC’s $60,764 subsidiary settlement and the Federal Reserve’s September 8 comment close.
FinCEN’s final rule permanently ends beneficial ownership reporting for US companies and deletes US-person data, leaving CDD files as the only ownership record. Plus OFAC’s Iran shadow banking designations and the Senate’s 86-11 sanctions vote.
FinCEN’s record penalty against UBS prices failed remediation, OFAC hits IRGC networks twice in two days, and the Fed opens its AML program rule for comment.
FinCEN calls for SARs on AI-generated “ghost students” draining federal student aid; OFAC runs its largest-ever CJNG action; stablecoin AML comment windows close August 4 and 21.
Two TD Bank insiders drew prison terms as DOJ moved from the institution to the individuals. Plus the Iran relief unwind, the Hong Kong list migration, and the Fed’s AML program proposal.
OFAC reinstates Iranian oil sanctions and designates Iran’s exchange house and shell company network; AUSTRAC Tranche 2 registration closes July 29; stablecoin AML comment deadlines stack up through August.
Australia’s Tranche 2 reforms bring roughly 80,000 lawyers, accountants, and real estate agents under the AML/CTF Act, plus OFAC cartel actions, the new FATF grey list, and the July 18 GENIUS Act stablecoin deadline.
A fuller edition: Treasury’s coordinated OFAC, FinCEN, and DOJ strike on the Prince Group; FATF’s grey-list reshuffle; three US rulemakings racing to July deadlines; UK, EU, and Australia supervisory moves; and scaling scam-center takedowns.
The FATF June Plenary added Bosnia and Herzegovina and Iraq to the grey list and removed Algeria and Namibia, leaving 22 jurisdictions under increased monitoring. What the changes mean for your country risk scoring, plus OFAC’s on-chain ISIS sanctions and the UK enhanced due diligence narrowing on June 30.
FinCEN’s comment window on the biggest US AML program overhaul in years closed June 9, replacing prescriptive program rules with a risk-based mandate tied to national priorities. Plus OFAC’s expanded Iran sanctions and the FATF plenary in Paris.
For the first time, OFAC has sanctioned a sitting Cuban president and his regime network. Miguel Diaz-Canel and the MINFAR ownership tree go on the SDN List under Executive Order 14404. What it means for Cuba-adjacent correspondent and trade finance exposure.
GAO finds the March 2025 exemption of US-formed entities from BOI reporting created a visibility loss Treasury has not addressed. Plus: GENIUS Act stablecoin comments close June 9, UK OFSI adds 85 Russia-related designations, AUSTRAC opens Tabcorp investigation, and the 30-day regulatory calendar.
First time a US cartel action has placed on-chain wallets directly on the SDN List, alongside the FCA’s 5,000-record data share with police and the joint FinCEN-OFAC stablecoin issuer rule with comments closing June 9.
Looking for past compliance recaps? Browse the Global RADAR Annual Compliance Review, a year-by-year summary of AML, BSA, sanctions, and RegTech change from 2017 through 2025, authored by Dominic Suszek.
