First Reference company logo

Inside Internal Controls

News and discussion on implementing risk management

machine cogs image

security threats

Where does Canada stand on privacy?

Canada, like many countries, must answer a fundamental question: How does it achieve its law enforcement and national security objectives while also protecting and respecting the privacy rights of its citizens? “We hope the current administration and its privacy opponents can reach reasonable compromises that allow both groups to achieve their desired outcomes” Chris Stevens, CIPP/US, CIPP/C, CIPP/E, CIPP/G, CIPM, CIPT, and Steve Holland, CIPM, write. In this exclusive for The Privacy Advisor, they look at the high-stakes issues facing Canada’s quest to balance the two priorities and whether Privacy Commissioner Daniel Therrien is the right man to help it do so.

 

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

Do you report your EFTs to FINTRAC?

Chances are you’re no stranger to electronic funds transfers. Broadly speaking, an EFT can mean any type of standard non-paper payment, including debit and credit card payments, email or wire money transfers (both domestic and international) and direct payroll deposits. Most organizations handle at least some of these transactions every day. The key question for businesses is: How do you keep track of these electronic transfers and, if necessary, register them with the Financial Transactions and Reports Analysis Centre of Canada?

 

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