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Thursday, 1 February 2018

Fintrac's money-laundering penalties in limbo after court ruling


Money laundering

Fintrac, a federal watchdog agency that guards against money laundering and terror financing, was dealt a blow when the Federal Court of Appeal ruled its penalty system needed an overhaul. Almost two years later, that overhaul is still underway — and the agency meanwhile is unable to levy fines.

via CBC | Top Stories News

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