EN
Featured
A Guide to Anti-Money Laundering for Crypto Firms
Anti-Money Laundering in Canada Report 2020
Anti-Money Laundering> in Canada 2020
Money laundering is a billion-dollar business in Canada. Just shy of C$50 billion was estimated to have been laundered through Canada’s economy in 2018. For the past 10-15 years, Canada has been working to overcome its reputation for weak legislation and controls with respect to financial crime. In response to the gaps identified in its AML/ATF regime, Canada passed amendments to its primary legislation addressing money laundering and terrorist financing.
In our report we break down:
- New Legislation and Regulatory Requirements
- Extension of PCMLTFA to New Entities
- Regulations Enacted But Not Yet Implemented
Ready to read the report?
Anti-Money Laundering> in Canada 2020
Money laundering is a billion-dollar business in Canada. Just shy of C$50 billion was estimated to have been laundered through Canada’s economy in 2018. For the past 10-15 years, Canada has been working to overcome its reputation for weak legislation and controls with respect to financial crime. In response to the gaps identified in its AML/ATF regime, Canada passed amendments to its primary legislation addressing money laundering and terrorist financing. In our report we break down:- New Legislation and Regulatory Requirements
- Extension of PCMLTFA to New Entities
- Regulations Enacted But Not Yet Implemented
Ready to read the report?
Related Content
Featured
Disclaimer: This is for general information only. The information presented does not constitute legal advice. ComplyAdvantage accepts no responsibility for any information contained herein and disclaims and excludes any liability in respect of the contents or for action taken based on this information.
Copyright © 2022 IVXS UK Limited (trading as ComplyAdvantage).