There are various red flags you should look for and report; if you don’t, you may face stiff penalties
All money services businesses will be required to register with FINTRAC by June 23. This registration requirement follows recent changes to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.All money services businesses will be required to register with FINTRAC by June 23. This registration requirement follows recent changes to the Proceeds of Crime […]
Finance minister Jim Flaherty today tabled in Parliament the 2006-07 Annual Report of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). The report highlights that the number of case disclosures FINTRAC issued this year rose by 15% to 193.FINTRAC disclosures contain financial intelligence the Centre suspects would be relevant to investigations of money […]
Summary of changes posted to FINTRAC Web site
Toronto selected as home for new terror funding watchdog
AMF plans to use information to fight money laundering and terrorist financing
FINTRAC clarifies identity verification requirements
142 cases forwarded to law enforcement security agencies
Intscher’s leadership will ensure continued success, Goodale says
Federal report makes six recommendations, including maintaining FINTRAC funding