Financial Crime Archives - Global RADAR
Subscribe

Global RADAR Blog

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.

Read More
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 […]

Read More
From guidance to law: this week in AML, May 16, 2026
By Global RADAR 16 May, 2026

From Guidance to Law: This Week in AML, May 16, 2026

Four developments this week point in the same direction. The expectations that supervisors have communicated for years through guidance, examination findings, and enforcement actions are being written into statute and treaty law. In Washington, the CLARITY Act cleared the Senate Banking Committee on a 15 to 9 vote, with a floor vote expected after the […]

Read More