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Canada Money Laundering Terrorist Financing

Bennett Jones LLP

Canada's Crack-down on Sanctions Evasion

Bennett Jones LLP on

On June 20, 2024, Bill C-59, the Fall Economic Statement Implementation Act received royal assent. Division 8 of this legislation introduced various amendments to the Proceeds of Crime (Money Laundering) and Terrorist...more

Stikeman Elliott LLP

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

Stikeman Elliott LLP on

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 sanctions evasion to the...more

Bennett Jones LLP

FATF’s Take on Digital Assets: Updated Guidance and Recommendations

Bennett Jones LLP on

The rise of cryptocurrency and other virtual assets has pushed regulatory and supervisory bodies responsible for anti-money-laundering rules around the world to develop new guidance and regulations for persons and businesses...more

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