The AML agency in Canada, FINTRAC, has published its latest annual report.  Highlights include that the top 3 predicate offences involved in SAR were linked to drugs, fraud and human smuggling/trafficking.  It published a Special Bulletin on Russia-linked money laundering related to sanctions evasion; shared updated money laundering indicators associated with human trafficking for sexual exploitation; published a Special Bulletin on Ideologically Motivated Violent Extremism; and developed a new Sectoral and Geographic Advisory on Underground Banking through Unregistered Money Services Businesses.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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