Search results
1 sty 2022 · Anti-Money Laundering Requirements. On May 27, 2021, Convocation approved by-law amendments to implement changes made to the Federation of Law Societies of Canada (“FLSC”)’s Model Rules to fight money laundering and terrorist financing. These amendments came into effect January 1, 2022.
• Update existing, long-standing AML requirements. • Evidence a strong national consensus in the legal professions to fight against money-laundering and terrorist financing. • Maintain self-regulation in this area and protect solicitor-client privilege and client confidentiality. •
Amendments to the Law Society’s By-Laws 7.1 and 9 - Anti-Money Laundering and Terrorist Financing. (PowerPoint) .........................................................................2 - 1 to 2 - 13. By-Law 7.1 .................................................................................2 - 14 to 2 - 40.
9 lis 2021 · New anti-money laundering rules you need to know. Recent federal updates strengthen Canada’s AML regime to help staunch the flow of dirty money. As reporting entities in Canada’s AML regime, CPAs have long played an important role in the ongoing fight against money laundering.
The new anti-money laundering requirements: What you need to know before January 1, 2022 - delivered by webcast on November 12, 2021, and accessible on-demand. Anti-money laundering best practices – Your questions answered – delivered by webcast on June 2, 2023, and accessible on-demand.
12 lis 2021 · Understand the source of funds and periodic monitoring requirements that will reduce the risk of lawyers or paralegals unwittingly becoming involved in or assisting with money laundering or terrorist financing
23 paź 2023 · On October 11, 2023, the government of Canada released the final version of three regulations that amend Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) regime, as published in the Canada Gazette Part II Volume 157, Number 21.
