17th May 2016
The Mutual Fund Dealers Association of Canada has issued fines and penalties totalling more than $8 million against two principals of now-defunct W.H. Stuart Mutuals Ltd. in relation to the misappropriation of millions of dollars of money from investors. Read More
12th May 2016
The latest stop on Canadian Prime Minister Justin Trudeau's charm offensive is the former Soviet outpost of Belarus, a state often described as "Europe's last dictatorship." Read More
10th May 2016
A dual U.S. and Canadian citizen and secret owner of Legacy Global Markets S.A. (Legacy), an offshore broker-dealer and investment management company based in Panama City, Panama, and Belize City, Belize, pleaded guilty Monday, to money laundering conspiracy for fraudulently manipulating the stocks of more than 40 U.S. publicly-traded companies and then laundering more than $250 million in profits through at least five offshore law firms. Read More
29th April 2016
The Supreme Court of Canada has ruled the World Bank has immunity under international law and won't have to hand over its documents to a Canadian court hearing a corruption case involving ex-SNC-Lavalin employees. Read More
22nd April 2016
A judge has cleared Canadian Senator Mike Duffy of all 31 charges in a corruption case. Read More
12th April 2016
VANCOUVER – British Columbia is attempting to crack down on money laundering at casinos with help from the province’s anti-gang police agency. Read More
8th April 2016
An internal report prepared for Canada's anti-money laundering watchdog last year found that lawyers are the second most likely profession after entrepreneurs to face money laundering charges. Read More
6th April 2016
The federal agency responsible for monitoring money laundering across the country said that it has fined a Canadian bank more than $1.1 million for failing to report a suspicious transaction, a hefty penalty that is designed to send a message of deterrence in the financial sector. Read More
5th April 2016
Canada’s tax collectors want to get their hands on the so-called Panama papers, a vast collection of documents that lays bare details of offshore accounts and tax shelters. Read More
1st April 2016
The Sûreté du Québec have arrested 60 people and carried out 70 raids across Quebec as part of a massive police operation targeting contraband tobacco, drug trafficking and money laundering at an international level. The SQ say it is the largest operation against contraband tobacco and transnational crime. Read More