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FinCEN Advisory FIN-2026-A002: It reads like AML guidance. It functions like immigration enforcement.
By Global RADAR 10 June, 2026

FinCEN’s New Advisory Reads Like AML Guidance. It Functions Like Immigration Enforcement.

Last Friday, FinCEN handed banks 18 new red flags, a SAR key term, and a direct tip line to ICE. The advisory is framed as payroll fraud guidance, and the fraud is real, but read alongside EO 14406 and the CFPB’s new statement on immigration status, it amounts to something bigger: financial institutions being drafted into immigration enforcement. I broke down what’s actually in FIN-2026-A002, what it means for compliance teams, and what belongs on your agenda before month end.

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By Global RADAR 5 June, 2026

OFAC Designates Cuba’s President and Regime Network: What Compliance Teams Should Do Now

On June 4, 2026, the U.S. Treasury’s Office of Foreign Assets Control did something it had never done before. It placed the sitting President of Cuba, Miguel Diaz-Canel Bermudez, on the Specially Designated Nationals (SDN) List. He was not added alone. OFAC designated his wife, Lis Cuesta Peraza, alongside Alejandro Castro Espin, Raul Alejandro Castro […]

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Global RADAR Compliance News Brief weekly issue thumbnail
By Global RADAR 27 May, 2026

The What and the Why: What’s New in Compliance and Why Does it Matters

This week’s brief leads with the biggest US AML rewrite in roughly 40 years, layered against an escalating run of mid-tier enforcement on three continents, two FinCEN alerts that reset Iran and trafficking typologies, and a Russia sanctions tempo that is now drifting faster between Washington, London, and Brussels than most screening vendors can keep […]

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AI compliance trap: raw agents from Anthropic and multi-million dollar AML fines
By Global RADAR 20 May, 2026

The AI Compliance Trap: Why Raw Agents from Anthropic Are a Multi-Million Dollar Fine Waiting to Happen

On May 5, 2026, Anthropic CEO Dario Amodei officially took the stage in New York to unveil a suite of ten specialized AI financial agent templates, a move that sent shockwaves through the fintech sector. Designed to automate everything from investment pitchbooks to complex compliance workflows, the announcement triggered a flurry of speculative headlines questioning […]

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HSBC private credit fraud risks - $1.2 billion missing assets
By Global RADAR 11 May, 2026

HSBC’s Private Credit Blunder Exposes New Fraud Risks for Conventional Lenders

HSBC’s exposure to the collapse of UK lender Market Financial Solutions has revealed major fraud and money laundering vulnerabilities within the rapidly expanding private credit industry.

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TD Bank $3 billion AML legacy and the lessons for 2026 compliance
By Global RADAR 8 May, 2026

The TD Legacy: Why the “$3 Billion Lesson” Still Haunts Compliance in 2026

In the world of high-stakes finance, October 10, 2024, will be remembered as the day the music stopped for TD Bank. It wasn’t just the $3.09 billion in coordinated penalties from the DOJ, FinCEN, and the OCC1. It wasn’t even the fact that they became the largest bank in U.S. history to plead guilty to […]

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Major global scam center takedown signals new era in US AML and CFT enforcement
By Global RADAR 3 May, 2026

Major Global Scam Center Takedown Signals New Era in U.S. AML/CFT Enforcement

Last week, the U.S. Department of Justice (DOJ) announced the results of a major international takedown effort coordinated by financial regulators and law enforcement agencies both domestically and abroad, culminating in the arrests of over 276 bad actors carrying out a long-standing transnational criminal ploy at the expense of countless unsuspecting American citizens. According to […]

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By Global RADAR 3 December, 2024

The Role of Compliance Management in Today’s Business

Compliance Management Flaws in corporate culture in recent corporate and institutional scandals have been drawing the public’s attention to corporations and other large entities. The concept of “corporate compliance culture” has come under increasing scrutiny by the public and other parties due to these incidents. Regulators are treating it as a high priority, and boards […]

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By Global RADAR 3 December, 2024

Navigating Your Way through the Beneficial Ownership Maze

Current events have brought to the spotlight the implications of having limited or minimal information on beneficial owners of an account. The leak this week of more than 11 million records from the Panamanian law firm, Mossack Fonseca, has led to a global uproar that prompted Iceland’s prime minister to step aside. An international consortium […]

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