Canada: Department of Finance Publishes Amendments to Anti-Money Laundering Regulations

On July 11, 2019, the Department of Finance of Canada published regulations amending certain regulations made under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act 2019 to address deficiencies identified in the Financial Action Task Force's (FATF) mutual evaluation report from 2016.

The regulations made under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act include: 

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