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Canada Money Services Business Reporting Requirements

Blake, Cassels & Graydon LLP

Nouveaux projets de règlement : Mise à jour du régime canadien de lutte contre le recyclage des produits de la criminalité

Le 5 juillet 2024, le ministère des Finances du Canada (le « ministère des Finances ») a publié des projets de règlement en application de la Loi sur le recyclage des produits de la criminalité et le financement des activités...more

Blake, Cassels & Graydon LLP

Canada Updates Anti-Money Laundering Rules with New Draft Regulations

On July 5, 2024, the Department of Finance released draft regulations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), which, among other things, implement some of the changes outlined in...more

Blake, Cassels & Graydon LLP

B.C. Introduces Legislation to Regulate Money Services Businesses

On March 29, 2023, British Columbia introduced Bill 19, the Money Services Businesses Act (B.C. MSB Act), which proposes to regulate money services businesses (MSBs) operating in the province. The regulation of MSBs in B.C....more

Blake, Cassels & Graydon LLP

The Good, the Bad and the Ugly: Revised Regulations to PCMLTFA

The wait is over. On June 9, 2018, the Department of Finance (Department) released the long-awaited amendments to the regulations to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) (Revised...more

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