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Canada’s Fintrac to Expand Relationships Abroad, Says Director
printCanada's top financial intelligence agency intends to work more closely with its counterparts abroad and investigators at home to identify money launderers, according to Gerald Cossette, the group's new director. The Financial Transactions and Reports Analysis Centre of Canada (Fintrac) will work more aggressively to help boost the country's number of prosecutions based on anti-money laundering (AML) and counterterrorist financing data, said Cossette, who took over the directorship of the financial intelligence unit (FIU) in October. Cossette, who previously served as an associate deputy minister of foreign affairs, spoke with reporter Brian Monroe ahead of his appearance at the ACAMS...
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