Draft AML Regulations for Mortgage Lenders, Brokers and Administrators Now Published for Comment
The federal government has now published new amending regulations to federal anti-money laundering legislation (the Proceeds of Crime (Money Laundering) and Terrorist Financing Act – PCMLTFA) along with draft regulations to establish cost recovery for the statute’s enforcement agency – the Financial Transactions and Reports Analysis Centre of Canada -FINTRAC. The regulations have been released for a short […]