Western Standard | Canadian banks fall short on anti-money laundering compliance

In below article from Western Standard, a federal regulator responsible for combating money laundering and terrorist financing has flagged concerns over inconsistent reporting of suspicious transactions by Canadian banks.

Blacklock's Reporter says the Financial Transactions and Reports Analysis Centre (FINTRAC) cited "foundational weaknesses" in compliance efforts across the sector.....

Canadian banks fall short on anti-money laundering compliance