Malcolm Aboud

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.

Businesses face increasing costs for supply chain compliance

Increasing government scrutiny of supply chain compliance is expected to lead to greater enforcement in the coming years.

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.

Failing to ensure compliance throughout your operations: lessons from the Chiquita Banana case

A recent jury verdict in Florida ordered Chiquita Brands International to pay US$38.3 million to the family members of eight men killed in Colombia...

So you’ve submitted your report under Canada’s Modern Slavery Act — now what? Best practices to ensure supply chain compliance

The first reporting deadline under Canada’s Fighting Against Forced Labour and Child Labour in Supply Chains Act (the Modern Slavery Act or the...

Ontario court finds police cannot circumvent Parliament’s tailor-made warrants for digital assets

As new technologies emerge in an evolving enforcement framework, companies should ensure their rights are understood and protected.

Budget 2024 proposes new reforms to combat financial crime in Canada

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

Compliance is starting to break the bank — it doesn’t have to

On February 21, 2024, LexisNexis Risk Solutions published its True Cost of Financial Crime Compliance Study, reporting on the results of a global...

White-collar enforcement will continue to take shape in 2024

Canada continued to face international criticism for its perceived lack of white-collar crime enforcement in 2023.