CanadaGlobal Affairs Canada announced additional sanctions against Iran in response to the April 14, 2024, attack on Israel pursuant to the Special Economic Measures (Iran) Regulations.
Canada’s Minister of Foreign Affairs, Mélanie Joly, announced sanctions against 21 individuals under the Special Economic Measures (Belarus) Regulations, in response to ongoing human rights violations in Belarus since the 2020 presidential election.
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Canadian Officials Unveil Raft of AML Proposals
The Registrar of the Alcohol and Gaming Commission of Ontario ordered the Niagara Falls, Canada-based registered operator of Fallsview Casino Resort to pay a CA$70,000 fine for anti-money laundering violations and other compliance failures.
The Financial Transactions and Reports Analysis Centre of Canada imposed a monetary penalty of CA$132,000 on the Mississauga, Ontario-based real estate broker for violating the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and related regulations.
| Technical | Effectiveness |
|---|---|
| Compliant : 11 | High : 0 |
| Largely Compliant : 23 | Substantial : 5 |
| Partially Compliant : 5 | Moderate : 5 |
| Non-Compliant : 1 | Low : 1 |
Canada's technical compliance was re-rated in a Oct. 1, 2021 follow-up report
| Rank : 34/110 |
| Score : 4.67/10 |
| Rank : 11/179 |
| Score : 77/100 |
| Rank : 19/133 |
| Score : 56/100 |