Canada's financial intelligence unit signaled in recent publications that it still seeks wide discretion to penalize or refrain from penalizing firms that fail to report suspicious activity or violate other anti-money laundering rules, sources told ACAMS moneylaundering.com.
Dozens of extremist fighters have returned to Canada from conflict zones as of 2017, and the country’s financial institutions should consider pinpointing and tracking funds tied to their arrival as well as new departures, according to Canada’s financial intelligence unit.