Investment Executive | Budget promises more financial cops
In the below article from Investment Executive, with the promised creation of a new federal financial crime agency and increased funding for anti-money laundering (AML) authorities, in its latest budget, the federal government is seeking to step up the fight against financial crimes.
In yesterday’s budget, the federal government announced plans to launch a new authority, the Canada Financial Crimes Agency, which it envisions as the future lead law enforcement agency in the fight against financial crime.
To that end, the budget sets aside $2 million to Public Safety Canada in the current fiscal year to, “undertake initial work to develop and design the new agency.”.....
Budget promises more financial cops | Investment Executive
