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Canadian FIU Forwards Record Haul of Financial Intelligence

Canada's financial intelligence unit referred a record volume of transactional details and other case leads and information to national security and law enforcement agencies investigating money laundering, terrorist financing and sanctions evasion in the previous fiscal year. The Financial Transactions and Reports Analysis Centre, which doubles as Canada's anti-money laundering supervisor, disclosed Thursday that all told, from April 1, 2024, to March 31, 2025, the agency forwarded 6,236 "financial-intelligence disclosure packages," which consist of details from currency transaction reports, suspicious transaction reports and tips from other sources. That total marks a 35 percent increase from the previous annual tally of...

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