Anti-corruption and Bribery Anti-corruption and Bribery

U.S. DOJ issues new FCPA enforcement guidance and white-collar enforcement plan, with significant implications for Canadian businesses

Canadian companies should ensure they maintain robust internal controls to effectively respond to new U.S. FCPA guidelines.

U.S. ‘pausing’ criminal enforcement of foreign bribery laws while DOJ is directed to revisit priorities

We look at what the move may mean for the U.S.'s historically aggressive track record in enforcing foreign bribery laws and efforts to fill the gap.

Consultation on amendments to Canada’s AML regime closes December 30

The consultation period for the proposed PCMLTFA amendments closes on December 30.

Tackling ‘snow washing’: expanding Canada’s anti-money laundering regime

We explore recent regulatory developments relating to AML and AFL, as well as anticipated changes in the future.

Department of Finance seeks consultation by December 30 on changes to Canada’s AML regime

The consultation period for the proposed new amendments closes on December 30, 2024.

Budget 2024 proposes new reforms to combat financial crime in Canada

The federal government’s 2024 budget includes measures to combat financial crimes, with a particular focus on money laundering.

Recent criticism of corruption enforcement and calls for a ‘failure to prevent’ offence in Canada

Following similar criticism from the OECD, a recent Transparency International Canada white paper highlights shortcomings in Canada’s...

World Bank debarment of engineering consulting firm underscores importance of compliance in public procurement

The recent World Bank debarment of an engineering consulting firm for misrepresentations in bid documents underscores the need for compliance...

Canada’s enforcement of foreign bribery is ‘exceedingly low’, find its OECD peers in Phase 4 monitoring report

The OECD’s Stage 4 monitoring report published last week regarding Canada’s anti-corruption enforcement finds that Canada has not done...

Federal government tables long-awaited legislation for a corporate beneficial ownership registry

Last year’s Cullen Commission and data leaks like the Panama Papers have underscored the need for corporate transparency in the fight against...