On March 7, 2025, Canada’s Department of Finance announced finalized regulatory amendments under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) that accelerate the in force date for several key...more
On June 17, 2016, the federal government quietly released the final version of the long-awaited amended general regulations (Regulations) under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA)....more
In preparation for the audit of Canada’s anti-money laundering and terrorist financing regime by the Financial Action Task Force (FATF) in the fall of 2015, the Department of Finance and the Financial Transactions and Reports...more
On July 4, 2015, the federal government released amended regulations (Regulations) under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
While there are some additional regulatory burdens...more
7/7/2015
/ Amended Regulation ,
Anti-Money Laundering ,
Anti-Terrorism Financing ,
Canada ,
E-Commerce ,
E-Signatures ,
Money Services Business ,
Risk Assessment ,
Risk Management ,
Suspicious Activity Reports (SARs) ,
Verification Requirements