First Reference company logo

Inside Internal Controls

News and discussion on implementing risk management

machine cogs image

corporate transparency

Conference update: Virtual currency exchanges, beneficial ownership and other developments in Canadian anti-money laundering regulations

anti-money laundering

On February 7, 2018, the Canadian federal government had released a consultation paper for comments that has potentially far-reaching implications for compliance with Canadian anti-money laundering (AML) requirements. At the recently concluded 17th Annual Forum on Anti-Money Laundering & Financial Crime in Toronto, some interesting observations were made by various speakers (including representatives from certain Canadian regulators). A number of these observations touched on topics covered by the above-mentioned consultation paper. This article sets out some key highlights.

 

, , , , , , ,

Federal government seeks input on Canada Business Corporations Act

canada-corporations-act-lexis-nexis

The Canada Business Corporations Act (CBCA) last underwent significant change in 2001, and Industry Canada believes conditions have changed enough since then that it’s time for another review. The department is accepting input until March 11, 2014, on the following topics…

 

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,