MIT 4 RISK

A B.C. real estate brokerage has been granted the opportunity to appeal a $156,750 fine for non-compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act…..

https://mit4risk.com/blog/biv-bc-remax-brokerage-wins-right-appeal-156k-anti-money-laundering-fine

Prime Minister Justin Trudeau says the federal government is “concerned” about the actions of TD Bank’s U.S. subsidiaries that led to a historic US$3-billion plea deal to settle money laundering charges this month.

https://mit4risk.com/blog/global-news-trudeau-concerned-about-td-banks-actions-us-money-laundering-case

Toronto-Dominion Bank chief executive Bharat Masrani took a pay cut last year over the lender’s scuttled acquisition of First Horizon Corp. and the United States probe it faces over anti-money-laundering controls.

https://mit4risk.com/blog/financial-post-td-bank-ceo-takes-pay-cut-over-anti-money-laundering-probe

B.C. Premier David Eby has no plans to establish an independent office for AML policy and enforcement; and a new house flipping tax is no 'silver bullet.'

https://mit4risk.com/blog/vancouver-awesome-bc-premier-ditches-chief-anti-money-laundering-recommendation