JD Supra

But Wait, There’s More: Significant Amendments to Canada’s Anti-Money Laundering and Anti-Terrorist Financing Regime

On November 30, 2024, draft amendments to the regulations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the PCMLTFA) were released. These proposed amendments to the ...
JD Supra

Sanctions Evasion: Canada Takes Aim with New FINTRAC Reporting Requirements for Reporting Entities

Reporting entities under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) will soon be subject to a new requirement to report transactions suspected to be related to ...