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Canada's Department of Finance is preparing to update the country's anti-money laundering rules to simplify due diligence for low-risk customers and clarify compliance requirements for digital-currency firms, money services businesses and prepaid card providers, say sources. The "second tranche" of changes to the country's AML regime, which follows an earlier bevy of revisions finalized in June, will be proposed next year, Christine Ring, managing director of the AML assessment program at the Office of the Superintendent of Financial Institutions, or OSFI, said Monday at the ACAMS AML & Financial Crime Conference in Las Vegas. Speaking during a panel at the...