by Chinedu Nnadi | Mar 17, 2025 | RADD BUZZ
Jump to section Toggle Strengthening BSA/AML ComplianceI. The Importance of BSA/AML ComplianceII. Comprehensive BSA/AML and OFAC Risk AssessmentsIII. Transaction Monitoring and Suspicious Activity Reporting (SARs)IV. Customer Due Diligence (CDD) and Enhanced Due... 
by Chinedu Nnadi | Mar 10, 2025 | RADD BUZZ
Jump to section Toggle Why Audit Planning is Crucial for 2025How to Build an Effective Audit PlanCommon Challenges in Audit Planning and How to Overcome ThemConclusion: Internal Audit Tips for 2025 If you’re looking for proven internal audit tips to start the... 
by Chinedu Nnadi | Mar 2, 2025 | RADD BUZZ
Jump to section Toggle Why Choosing the Right Internal Audit Firm MattersCompliance RisksOperational BenefitsStrategic AdvantageQuestions to Ask Before Partnering with an Audit FirmWhat industries and institutions do you specialize in?How do you customize your audit... ![Top Audit Pitfalls to Avoid in 2025 [+ Practical Strategies to Overcome Them]](https://raddllc.com/wp-content/uploads/2025/02/Audit-pitfalls-to-avoid-in-2025-1080x675.jpg)
by Chinedu Nnadi | Feb 24, 2025 | RADD BUZZ
Jump to section Toggle The Risks of Overlooking Audit PitfallsI. Regulatory Fines and PenaltiesII. Reputational DamageIII. Operational InefficienciesIV. Increased Scrutiny and MonitoringV. Missed Opportunities for ImprovementTop Audit Pitfalls to Avoid in 20251.... 
by Chinedu Nnadi | Feb 17, 2025 | RADD BUZZ
The financial services and fintech sectors are evolving at a rapid pace, and with that evolution comes heightened regulatory scrutiny and new compliance challenges. As we look ahead to 2025, internal auditors face a landscape shaped by emerging risks, technological... 
by Radhika Lipton | Sep 19, 2024 | RADD BUZZ
Rancho Santa Margarita, CA, September 19, 2024 – RADD LLC, is a boutique, compliance and internal audit consulting firm, focusing on Advisory as a Service®, has named Brian Montes as CEO, while Founder Radhika Lipton is stepping into an advisory role at the firm.... 
by Radhika Lipton | Sep 16, 2024 | RADD BUZZ
Jump to section Toggle Importance of a Comprehensive Internal Audit ReportKey Components of an Internal Audit ReportWhy Choose RADD for Your Internal Audits?Conclusion In today’s complex regulatory environment, internal audits play a crucial role in helping... 
by Radhika Lipton | Sep 13, 2024 | RADD BUZZ
Jump to section Toggle The Need for ModernizationKey Changes in the AML/CFT RuleIntegrating FinCEN’s AML/CFT PrioritiesRisk Assessment ProcessEncouraging Innovation and Use of TechnologyPractical Steps for Financial InstitutionsHow RADD Can AssistConclusion The... 
by Radhika Lipton | Sep 9, 2024 | RADD BUZZ
Jump to section Toggle What is Money Laundering?Key Characteristics of Money Laundering:The Importance of Combatting Money LaunderingThe Three Stages of Money Laundering1. Placement2. Layering3. IntegrationEffective Fraud Combating Strategies Across the Money... 
by Radhika Lipton | Sep 6, 2024 | RADD BUZZ
Jump to section Toggle What is Wire Transfer Fraud?Common Wire Transfer Fraud SchemesSteps to Preventing Wire Transfer FraudEmployee and Client EducationLeveraging Technology for Fraud PreventionResponding to Wire Transfer FraudConclusion Wire transfer fraud is a...