The new guidance, which takes effect in June, will reflect recent changes to AML obligations
Registration is voluntary ahead of mandatory requirements taking effect
As of June, the agency must publish penalties and violations
The move is intended to reduce the compliance burden for IIROC firms
Alert includes guidance to help financial firms identify possible victims
This is the first memorandum with a real estate body
FINTRAC updates beneficial ownership requirements guidance
Professional money launders present unique identification challenges
Public oversight should avoid slowing progress in a fast-growing area that brings many benefits
120 currency exchange houses have been identified by the Central Bank of Iraq as being in territory that is accessible by Daesh