Tag Archives: money laundering

CAN BC FIC Money Laundering

On May 9, CAN BC FIC issued report on real-estate laundering. Expert panel on money laundering in real estate, reported that the over C$7bn in dirty money laundered in BC in 2018 had increased cost of a home about 5%. Expert Reports Report released with remainder of Peter German review on money laundered in real…
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EU Criminalize Money Laundering

On Oct. 11, 2018, EU CNCL adopted new rules criminalizing money laundering. New rules include maximum imprisonment of four years for money laundering. Minimum rules on the definitions of criminal offences and sanctions, provision for sanctioning legal entities and for cross-border judicial or police cooperation. Clarifying which MS has jurisdiction, how they must cooperate/involve Eurojust.…
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