![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 Steve Tabick | Feb 24, 2025 | RADD BUZZ
As we step into 2025, financial institutions are facing an ever-evolving regulatory landscape that demands proactive preparation and a laser focus on compliance. Audits are a critical tool for identifying risks, ensuring adherence to regulations, and maintaining...
by Steve Tabick | 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 Chinedu Nnadi | 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 Chinedu Nnadi | Sep 16, 2024 | RADD BUZZ
In today’s complex regulatory environment, internal audits play a crucial role in helping institutions and fintech companies navigate risks, ensure compliance, and maintain operational integrity. A well-executed internal audit report is not just a regulatory...
by Chinedu Nnadi | Sep 13, 2024 | RADD BUZZ
The Financial Crimes Enforcement Network (FinCEN) recently issued a Notice of Proposed Rulemaking (NPRM) that seeks to modernize Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) programs. This proposed rule emphasizes the importance of...
by Chinedu Nnadi | Sep 9, 2024 | RADD BUZZ
Money laundering is a complex and pervasive issue that poses significant risks to the integrity of financial systems worldwide. By disguising the origins of illicitly obtained funds, criminals can effectively “clean” their money, making it appear...
by Chinedu Nnadi | Sep 6, 2024 | RADD BUZZ
Wire transfer fraud is a growing concern for financial institutions and businesses alike, leading to significant financial losses and reputational damage. As fraudsters continue to evolve their tactics, it has become increasingly important for organizations to...
by Radhika Dholakia-Lipton | Sep 2, 2024 | RADD BUZZ
As the financial landscape continues to evolve, the Federal Reserve remains vigilant in its oversight of financial institutions, ensuring that they operate within a framework that promotes stability and resilience. Each year, the Federal Reserve highlights key...
by Radhika Dholakia-Lipton | Aug 31, 2024 | RADD BUZZ
In the fast-paced and highly regulated world of financial services, maintaining compliance and managing risks are not just best practices—they’re essential for survival. Financial institutions operate under constant scrutiny from regulatory bodies, stakeholders,...
by Radhika Dholakia-Lipton | Aug 31, 2024 | RADD BUZZ
Fraud remains a persistent threat to financial institutions and fintech companies, capable of causing significant financial losses and damaging reputations. In an industry where trust and security are paramount, the detection and prevention of fraudulent activities...
