Financial Transactions and Reports Analysis Centre of Canada What's New at the Financial Transactions and Reports Analysis Centre of Canada Financial Transactions and Reports Analysis Centre of Canada http://www.fintrac-canafe.gc.ca/index.html 2017-05-23T15:00:00-05:00 http://www.fintrac-canafe.gc.ca/rss/rss-eng.asp http://www.fintrac-canafe.gc.ca/rss/fintrac-logo.gif © Financial Transactions and Reports Analysis Centre of Canada <div xmlns="http://www.w3.org/1999/xhtml">News Release: RCMP GTA CFSEU and its policing partners land a tremendous blow to organized crime in Canada </div> http://www.rcmp-grc.gc.ca/en/news/2017/rcmp-gta-cfseu-and-policing-partners-land-a-tremendous-blow-organized-crime-canada
The RCMP in Ontario recognized FINTRAC’s financial intelligence as part of Project OTremens, an investigation into the alleged trafficking of fentanyl and other drugs, weapons and contraband tobacco.
2017-11-09T15:20:00-05:00 2017-11-09T15:20:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Project Briscola – Total of 12 arrested facing 96 charges</div> http://tpsnews.ca/stories/2017/09/11-million-fraud-uncovered/
FINTRAC’s analysis was recognized by the Toronto Police Service as part of Project Briscola, a multi-jurisdictional investigation that uncovered $11 million in alleged fraudulent lease agreements and loans.
2017-09-20T14:35:25-04:00 2017-09-20T14:35:30-04:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: OPP History Made With Massive Haul of Pure Cocaine</div> http://www.opp.ca/index.php?id=115&entryid=59a40c988f94ac1564ba7a1c
The Ontario Provincial Police recognized FINTRAC’s financial intelligence as part of Project HOPE, an investigation that netted the largest single drug seizure in OPP history. The wholesale value of this seizure is estimated to be worth $60 million while the eventual street value, once cut, is approximately $250 million.
2017-08-28T11:00:00-04:00 2017-08-28T11:00:00-04:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Peel Police – Year Long Project results in Nearly Three Million Dollars of Drugs Seized</div> https://www.peelpolice.ca/EN/News/index.aspx?newsId=8e9fff71-9e9d-48a4-92a4-71c704d5c948
The Peel Regional Police has recognized FINTRAC’s contribution to Project Cartella which resulted in the arrest of sixteen individuals and nearly three million dollars of drugs seized.
2017-07-24T13:00:00-04:00 2017-07-24T13:00:00-04:00
<div xmlns="http://www.w3.org/1999/xhtml">Drug Importation Network Dismantled</div> http://www.rcmp-grc.gc.ca/en/news/2017/drug-importation-network-dismantled
The RCMP has recognized FINTRAC’s contribution to a 16-month investigation into the importation and trafficking of cocaine.
2017-07-04T08:00:00-05:00 2017-07-04T08:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">The FINTRAC guidance now covers amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated Regulations</div> http://www.fintrac-canafe.gc.ca/guidance-directives/1-eng.asp
FINTRAC guidance can be found through the Guidance section or the Reporting entities section and covers amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated Regulations that came into force on June 17, 2017.
2017-06-30T08:00:00-05:00 2017-06-30T08:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Hamilton-Niagara RCMP Make Arrest in Synthetic Identity Fraud</div> http://www.rcmp-grc.gc.ca/en/news/2017/hamilton-niagara-rcmp-make-arrest-synthetic-identity-fraud
The RCMP recognized FINTRAC’s contribution to an investigation where an Ontario resident has been charged with fraud and money laundering. The alleged fraud is valued at over $3 million dollars.
2017-06-27T15:20:00-05:00 2017-06-27T15:20:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Man charged with defrauding local organization of more than $8 million</div> http://www.edmontonpolice.ca/News/MediaReleases/fraudmemberorg.aspx
The Edmonton Police Service recognized FINTRAC’s contribution to an investigation where a former vice president of a local membership-based consumer organization allegedly defrauded his employer of more than $8 million.
2017-06-21T13:10:00-05:00 2017-06-21T13:10:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Canadian and British tax investigators conduct multiple searches in Canada and the UK</div> https://www.canada.ca/en/revenue-agency/news/2017/06/canadian_and_britishtaxinvestigatorsconductmultiplesearchesincan.html
FINTRAC's contribution was recognized by the Canada Revenue Agency as part of an ongoing international investigation into an alleged tax fraud scheme known as a carousel scheme. The investigation uncovered that, over a five year period, 11 foreign nationals based in the United Kingdom allegedly orchestrated a tax fraud and money laundering scheme by attempting to obtain $52 million in false Goods and Services and/or Harmonized Sales Taxes refunds and rebates.
2017-06-13T14:10:00-05:00 2017-06-13T14:10:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Residence and Luxury Vehicle Seized in Ottawa Area</div> http://www.rcmp-grc.gc.ca/en/news/2017/residence-and-luxury-vehicle-seized-ottawa-area
2017-06-12T09:30:00-05:00 2017-06-12T09:30:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: RCMP concludes investigation into local and international lobster theft and fraud</div> http://www.rcmp-grc.gc.ca/en/news/2017/rcmp-concludes-investigation-local-and-international-lobster-theft-and-fraud
FINTRAC's contribution was recognized by the Nova Scotia RCMP as part of an investigation into allegations of lobster theft and fraud totalling approximately $3 million.
2017-05-23T15:00:00-05:00 2017-05-23T15:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News release: Project Royal, two men charged, one man outstanding</div> http://torontopolice.on.ca/newsreleases/37888
The Toronto Police Service has recognized FINTRAC's contribution to Project Royal, a fraud investigation that resulted in the arrest of two individuals in the Greater Toronto area.
2017-05-09T10:40:00-05:00 2017-05-09T10:40:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Extradition of suspect to Canadian soil in connection with several fraud cases targeting primarily seniors (in French only)</div> https://www.spvm.qc.ca/fr/Communiques/Details/13557
FINTRAC's contribution was recognized by the Service de police de la Ville de Montréal as part of an investigation that resulted in the extradition of a suspect to Canadian soil in connection with several fraud cases targeting primarily seniors.
2017-05-03T10:20:00-05:00 2017-05-03T10:20:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: RCMP arrest five, including two Canada Border Services Officers, for Breach of Trust and Drug Importation Offences</div> http://www.rcmp-grc.gc.ca/en/news/2017/rcmp-arrest-five-including-two-canada-border-services-officers-breach-trust-and-drug
FINTRAC's contribution was recognized by the RCMP as part of an investigation into two Canada Border Services Officers stationed at Toronto Pearson International Airport for Breach of Trust, Conspiracy to Import a Schedule I Substance, and Importation of a Schedule I Substance.
2017-04-28T09:00:00-05:00 2017-04-28T09:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">March 22, 2017 – FINTRAC Advisory: Financial transactions related to countries identified by the Financial Action Task Force (FATF) </div> http://www.fintrac-canafe.gc.ca/new-neuf/avs/2017-03-22-eng.asp
In order to protect the international financial system from money laundering and terrorist financing risks, the Financial Action Task Force (FATF) issued two statements on February 24, 2017
2017-03-22T12:00:00-05:00 2017-03-22T12:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Statement from the Director of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)</div> http://www.fintrac-canafe.gc.ca/about-apropos/message-eng.asp
Statement from the Director of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
2017-02-27T16:05:00-05:00 2017-02-27T16:05:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Project SILKSTONE — Investigation quashes huge drug and gun distribution rings</div> http://www.opp.ca/media/silkstone
Project SILKSTONE began as a high-level Organized Crime Enforcement Bureau (OCEB) investigation targeting multiple criminal groups involved in trafficking illegal drugs and guns along the Highway 401 corridor between the Greater Toronto Area, through the Belleville/Bay of Quinte Region and Montréal, Québec. The investigation also revealed drug trafficking activities to and from the United States.
2017-02-23T12:30:00-05:00 2017-02-23T12:30:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Project ESTACADE — Dismantlement of a narcotics trafficking network in the greater Montreal area (in French only)</div> http://www.sq.gouv.qc.ca/AfficherDetailsCommunique.do?nom=001-06-fevrier&annee=2017&retour=salledepresse
FINTRAC was recognized by the Sûreté du Québec for its contribution to Project ESTACADE, which resulted in the dismantlement of a narcotics trafficking network in the greater Montreal area
2017-02-07T13:20:00-05:00 2017-02-07T13:20:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Identification of higher risk currency exchange houses in Daesh-accessible territory in Iraq</div> http://www.fintrac-canafe.gc.ca/guidance-directives/overview-apercu/operation/ihr-eng.asp
Operational Alerts provide up-to-date indicators of suspicious financial transactions and high-risk factors related to specific methods of money laundering and terrorist activity financing that are important either because they represent new methods, re-emerging methods or long-standing methods that present a particular challenge.
2016-12-21T14:00:00-05:00 2016-12-21T14:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">New guidance: Domestic and foreign politically exposed persons (PEPs) and heads of international organizations (HIOs) </div> http://www.fintrac-canafe.gc.ca/guidance-directives/client-clientele/1-eng.asp
Effective June 17, 2017, amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated Regulations will result in new obligations related to politically exposed persons (domestic and foreign) (PEPs) and heads of international organizations. FINTRAC has published guidance describing these obligations.
2016-12-20T14:00:00-05:00 2016-12-20T14:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Indicators: The laundering of illicit proceeds from human trafficking for sexual exploitation</div> http://www.fintrac-canafe.gc.ca/guidance-directives/overview-apercu/operation/oai-hts-eng.asp
Operational Alerts provide up-to-date indicators of suspicious financial transactions and high-risk factors related to specific methods of money laundering and terrorist activity financing that are important either because they represent new methods, re-emerging methods or long-standing methods that present a particular challenge.
2016-12-15T14:00:00-05:00 2016-12-15T14:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: FINTRAC meets with leading money services businesses</div> http://www.fintrac-canafe.gc.ca/new-neuf/nr/2016-12-14-eng.asp
As part of its collaboration with the International Supervisors Forum (ISF), the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Canada's financial intelligence unit, met with senior executives of Western Union, MoneyGram and RIA in Washington to discuss the ISF's role and initiatives, share information and create an ongoing dialogue on prevalent compliance matters.
2016-12-14T15:00:00-05:00 2016-12-14T15:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml"> News Release: Ten Arrested, 111 Charges in Calgary Organized Crime Investigation</div> https://www.alert-ab.ca/ten-arrested-111-charges-in-calgary-organized-crime-investigation
FINTRAC’s contribution was recognized by the Alberta Law Enforcement Response Teams (ALERT) as part of an investigation aimed at dismantling a Calgary-based organized crime group.
2016-12-08T11:20:00-05:00 2016-12-08T11:20:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">December 8, 2016 – FINTRAC Advisory: Financial transactions related to countries identified by the Financial Action Task Force (FATF)</div> http://www.fintrac-canafe.gc.ca/new-neuf/avs/2016-12-08-eng.asp
In order to protect the international financial system from money laundering and terrorist financing risks, the Financial Action Task Force (FATF) issued two statements on October 21, 2016.
2016-12-08T09:30:00-05:00 2016-12-08T09:30:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Results in the Fight Against Money Laundering and Terrorism Financing </div> http://news.gc.ca/web/article-en.do?mthd=index&crtr.page=1&nid=1155589
News Release announcing the Minister of Finance tabled in Parliament the 2015–16 Annual Report of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
2016-11-17T15:30:00-05:00 2016-11-17T15:30:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Operational Brief: Indicators of money laundering in financial transactions related to real estate</div> http://www.fintrac-canafe.gc.ca/guidance-directives/overview-apercu/operation/real-eng.asp
This operational brief provides indicators of money laundering to help reporting entities involved in real estate transactions to detect and report any reasonable grounds to suspect that a transaction or attempted transaction is related to the commission of a money laundering offence.
2016-11-14T16:00:00-05:00 2016-11-14T16:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Operation NOUAGE — Dismantlement of a cannabis production and drug trafficking network in the Outaouais region (in French only)</div> http://www.sq.gouv.qc.ca/AfficherDetailsCommunique.do?nom=004-06-octobre&annee=2016&retour=salledepresse
FINTRAC was recognized by the Sûreté du Québec for its contribution to Operation NOUAGE, which resulted in the dismantlement of a cannabis production and drug trafficking network in the Outaouais region.
2016-10-07T09:05:00-05:00 2016-10-07T09:05:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Project Echo Nets ATM Theft Suspects</div> http://www.drps.ca/internet_explorer/whatsnew/whatsnew_view.asp
FINTRAC's contribution was recognized by the Durham Regional Police as part of Project Echo, a multi-jurisdictional investigation into a series of ATM thefts.
2016-09-29T11:00:00-05:00 2016-09-29T11:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">RCMP arrest Thunder Bay resident for Fraud and other Criminal Code Offences</div> http://www.rcmp-grc.gc.ca/on/news-nouvelles/2016/16-09-20-thunder-bay-eng.htm
FINTRAC's contribution was recognized by the RCMP Serious & Organized Crime Section, following an investigation of an individual for misappropriation of funds.
2016-09-22T015:00:00-05:00 2016-09-22T15:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Government of Canada works with International Partners to Crack Down on Offshore Tax Evasion</div> http://news.gc.ca/web/article-en.do?nid=1121509&tp=1
FINTRAC's collaboration was recognized today by the Canada Revenue Agency in relation to its ongoing audits and criminal investigations associated with the Panama Papers.
2016-09-08T10:40:00-05:00 2016-09-09T10:40:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Public Safety Canada released the 2016 Public Report on the Terrorist Threat to Canada</div> http://www.publicsafety.gc.ca/cnt/rsrcs/pblctns/2016-pblc-rpr-trrrst-thrt/index-en.aspx

Public Safety Canada released the 2016 Public Report on the Terrorist Threat to Canada

2016-08-26T08:00:00-05:00 2016-08-26T08:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Guideline: Methods to ascertain the identity of individual clients (In force as of June 30, 2016)</div> http://www.fintrac-canafe.gc.ca/guidance-directives/client-clientele/Guide11/11-eng.asp3

Please note that you have a transition period of one year (June 30, 2016 to June 30, 2017) to adopt new methods to ascertain the identity of clients. There was a previous error on our website indicating that the transition year was June 30, 2016 to June 17, 2017 and we are re-publishing to correct this on the FINTRAC website. You have until June 30, 2017 to use either the methods to ascertain identity described in Guideline 6: Record Keeping and Client Identification or the new methods (described in the Guideline Methods to ascertain the identity of individual clients). After June 30, 2017, Guideline 6 : Record Keeping and Client Identification will be obsolete and no longer available online.

2016-08-26T08:00:00-05:00 2016-08-26T08:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">July 28, 2016 – FINTRAC Advisory: Financial transactions related to countries identified by the Financial Action Task Force (FATF)</div> http://www.fintrac-canafe.gc.ca/new-neuf/avs/2016-07-28-eng.asp

In order to protect the international financial system from money laundering and terrorist financing risks, the Financial Action Task Force (FATF) issued two statements on June 24, 2016.

2016-07-28T10:00:00-05:00 2016-07-28T10:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Guideline: Methods to ascertain the identity of individual clients (In force as of June 30, 2016) </div> http://www.fintrac-canafe.gc.ca/guidance-directives/client-clientele/Guide11/11-eng.asp2

Due to a technical error, the Regulations Amending Certain Regulations made under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act that received Governor in Council approval on June 17, 2016 contained errors in the coming into force dates. On June 29, 2016 Governor in Council approved amendments to the Regulations that corrected the coming into force provisions to June 30, 2016 and June 17, 2017 respectively.

Effective June 30, 2016, reporting entities will have until June 17, 2017 to adopt new methods to ascertain the identity of clients following the amendments made to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated Regulations, after which, only the new methods will apply.

2016-07-04T15:30:00-05:00 2016-07-04T15:30:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News release: Arrests and searches in connection with drug trafficking (French only)</div> http://www.sq.gouv.qc.ca/actualites/2016/2016-06-29_002.jsp
FINTRAC’s contribution was recognized by the Sûreté du Québec in relation to an investigation of an alleged drug trafficking ring.
2016-06-30T08:30:00-05:00 2016-06-30T08:30:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Guideline: Methods to ascertain the identity of individual clients (In force as of June 17, 2016) </div> http://www.fintrac-canafe.gc.ca/guidance-directives/client-clientele/Guide11/11-eng.asp
Effective June 17, 2016, reporting entities will have a one-year transition period to adopt new methods to ascertain the identity of clients following the amendments made to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated Regulations, after which, only the new methods will apply.
2016-06-20T14:00:00-05:00 2016-06-20T14:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">RCMP lay charges in connection with Ontario Provincial Police Association investigation</div> http://www.rcmp-grc.gc.ca/on/news-nouvelles/2016/16-06-16-gta-rgt-eng.htm
FINTRAC's contribution was recognized by the RCMP Financial Crime and Anti-Corruption Units following a nineteen month investigation into allegations of improper conduct by former senior employees of the Ontario Provincial Police Association and persons acting in concert with them.
2016-06-17T10:00:00-05:00 2016-06-17T10:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">FINTRAC's contribution was recognized by the RCMP in Calgary in relation to an investigation involving allegations of investment fraud.</div> http://www.rcmp-grc.gc.ca/ab/news-nouvelles/2016/06/160610-calgary-fraud-theft-fraude-vol-eng.htm
Calgary RCMP charge two Calgary real estate developers with fraud and theft
2016-06-13T08:00:00-05:00 2016-06-13T08:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Three people arrested in "Project Lotto", Joint investigation with OPP</div> http://torontopolice.on.ca/newsreleases/34814
Three people arrested in "Project Lotto", Joint investigation with OPP
2016-05-17T14:00:00-05:00 2016-05-17T14:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Risk-based approach workbook for securities dealers</div> http://www.fintrac-canafe.gc.ca/guidance-directives/compliance-conformite/rba/rba-sec-eng.asp
This guide helps securities dealers with the risk-based approach.
2016-05-06T10:08:00-05:00 2016-05-06T10:08:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News release: FINTRAC imposes an administrative monetary penalty on Becksley Capital Inc., in Toronto, Ontario</div> http://www.fintrac-canafe.gc.ca/new-neuf/nr/2016-04-05b-eng.asp
FINTRAC imposes an administrative monetary penalty on Becksley Capital Inc., in Toronto, Ontario
2016-04-05T14:00:00-05:00 2016-04-05T14:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News release: FINTRAC imposes an administrative monetary penalty on Diamond Exchange Toronto Inc., in Toronto, Ontario</div> http://www.fintrac-canafe.gc.ca/new-neuf/nr/2016-04-05a-eng.asp
FINTRAC imposes an administrative monetary penalty on Diamond Exchange Toronto Inc., in Toronto, Ontario
2016-04-05T14:00:00-05:00 2016-04-05T14:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News release: FINTRAC imposes an administrative monetary penalty on Victoria Jewellers Ltd., in Regina, Saskatchewan</div> http://www.fintrac-canafe.gc.ca/new-neuf/nr/2016-04-05c-eng.asp
FINTRAC imposes an administrative monetary penalty on Victoria Jewellers Ltd., in Regina, Saskatchewan
2016-04-05T14:00:00-05:00 2016-04-05T14:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: RCMP Integrated National Security Enforcement Team lays terrorism charge against Kevin Omar Mohamed</div> http://www.rcmp-grc.gc.ca/en/news/2016/29/rcmp-integrated-national-security-enforcement-team-lays-terrorism-charge-kevin-omar
FINTRAC’s contribution was recognized today by the RCMP Integrated National Security Team (INSET) in Toronto in relation to an extensive national security criminal investigation named Project SWAP, resulting in a terrorism charge under the Criminal Code.
2016-03-29T12:00:00-05:00 2016-03-29T12:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Projects JOUG and LIERRE: seven people are arrested by UPAC (French only)</div> https://www.upac.gouv.qc.ca/index.php?id=detail_communique_de_presse&no_cache=1&tx_news_pi1%5Bnews%5D=155
FINTRAC's contribution was recognized in a press conference today by l'Unité permanente anticorruption (UPAC) in relation to an investigation on illegal political party financing.
2016-03-17T12:30:00-05:00 2016-03-17T12:30:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News release: Combatting Money Laundering and Terrorism Financing</div> http://www.fintrac-canafe.gc.ca/new-neuf/nr/2016-03-08-eng.asp
Finance Minister Bill Morneau today tabled in Parliament the 2015 Annual Report of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Combatting Money Laundering and Terrorism Financing. The report details the activities and operations that Canada’s financial intelligence unit carried out in 2014–15.
2016-03-08T12:40:00-05:00 2016-03-08T12:40:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Two Properties Restrained in Ottawa Area</div> http://www.rcmp-grc.gc.ca/on/news-nouvelles/2016/16-01-14-ottawa-eng.htm
Two Properties Restrained in Ottawa Area
2016-01-07T15:00:00-05:00 2016-01-07T15:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Arrests in $93M US Pyramid Scheme, Toronto and Vancouver Men Charged</div> http://torontopolice.on.ca/newsreleases/33520v1
Arrests in $93M US Pyramid Scheme, Toronto and Vancouver Men Charged
2015-12-09T14:00:00-05:00 2015-12-09T14:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Arrests in $93M US Pyramid Scheme, Toronto and Vancouver Men Charged</div> http://torontopolice.on.ca/newsreleases/33520
Arrests in $93M US Pyramid Scheme, Toronto and Vancouver Men Charged
2015-12-09T14:00:00-05:00 2015-12-09T14:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">December 7, 2015 – FINTRAC Advisory: Financial transactions related to countries identified by the Financial Action Task Force (FATF)</div> http://www.fintrac-canafe.gc.ca/new-neuf/avs/2015-12-07-eng.asp
In order to protect the international financial system from money laundering and terrorist financing risks, the Financial Action Task Force (FATF) issued two statements on October 23, 2015. Canada is a member of FATF and strongly supports its efforts to combat money laundering and terrorist activity financing.
2015-12-07T09:30:00-05:00 2015-12-07T09:30:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: FINTRAC imposes an administrative monetary penalty on Services Financiers C.M. Inc., in Montréal, Québec</div> http://www.fintrac-canafe.gc.ca/new-neuf/nr/2015-11-18-eng.asp
FINTRAC makes public on this website a list of the administrative monetary penalties imposed, once all proceedings have ended, if one of the following criteria is met: where the person or entity has committed a very serious violation; the base penalty amount is equal to or greater than $250,000, before adjustments are made in consideration of the person or entity's compliance history and ability to pay; or repeat significant non-compliance on the part of the person or entity.
2015-11-18T09:00:00-05:00 2015-11-18T09:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: FINTRAC imposes an administrative monetary penalty on Countrywide Generations Realty Ltd., in Pickering, Ontario</div> http://www.fintrac-canafe.gc.ca/new-neuf/nr/2015-09-11-eng.asp
FINTRAC makes public on this website a list of the administrative monetary penalties imposed, once all proceedings have ended, if one of the following criteria is met: where the person or entity has committed a very serious violation; the base penalty amount is equal to or greater than $250,000, before adjustments are made in consideration of the person or entity's compliance history and ability to pay; or repeat significant non-compliance on the part of the person or entity.
2015-09-11T15:00:00-05:00 2015-09-11T15:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">July 29, 2015 – FINTRAC Advisory: Financial transactions related to countries identified by the Financial Action Task Force (FATF)</div> http://www.fintrac-canafe.gc.ca/new-neuf/avs/2015-07-28-eng.asp
The Financial Transactions and Reports Analysis Centre (FINTRAC) is advising that reporting entities should consider the above when deciding whether to file a suspicious transaction report in respect of financial transactions or attempted financial transactions emanating from, or destined to, Iran or the DPRK. FINTRAC is also advising that reporting entities should consider giving special attention to financial transactions or attempted financial transactions related to Algeria and Burma (Myanmar).
2015-07-29T10:30:00-05:00 2015-07-29T10:30:18-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Consultation on proposed amendments to the PCMLTFR</div> http://fin.gc.ca/activty/consult_-eng.asp
Finance Canada is inviting comments on the proposed amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations, as published in the Canada Gazette.
2015-07-06T12:00:00-05:00 2015-07-06T12:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: J-Touchdown: four additional men facing charges in cocaine trafficking investigation, Tracadie, N.B.</div> http://www.rcmp-grc.gc.ca/nb/news-nouvelles/releases-communiques/15-07-03-115632-eng.htm
J-Touchdown: four additional men facing charges in cocaine trafficking investigation, Tracadie, N.B.
2015-07-06T09:00:00-05:00 2015-07-06T08:37:41-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: FINTRAC imposes an administrative monetary penalty on Coin Co International PLC, also operating as Coinco International PLC, in Burgess Hill, West Sussex, United Kingdom</div> http://www.fintrac-canafe.gc.ca/new-neuf/nr/2015-07-03-eng.asp
FINTRAC makes public on this website a list of the administrative monetary penalties imposed, once all proceedings have ended, if one of the following criteria is met: where the person or entity has committed a very serious violation; the base penalty amount is equal to or greater than $250,000, before adjustments are made in consideration of the person or entity's compliance history and ability to pay; or repeat significant non-compliance on the part of the person or entity.
2015-07-03T09:30:00-05:00 2015-07-03T08:48:45-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: CFSEU Dismantles 'Ndrangheta Criminal Organization</div> http://www.rcmp-grc.gc.ca/on/news-nouvelles/2015/15-06-03-gta-rgt-eng.htm
The Combined Special Forces Enforcement Unit (CFSEU) in the Greater Toronto Area has recognized FINTRAC's contribution to a two-year investigation into several organized crime cells that were allegedly involved in the importation of drugs, trafficking of firearms and drugs, and extreme violence and extortion to facilitate their criminal activities.
2015-06-03T12:00:00-05:00 2015-06-03T11:45:25-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Financial transactions related to countries identified by the Financial Action Task Force (FATF)</div> http://www.fintrac-canafe.gc.ca/new-neuf/avs/2015-03-26-eng.asp
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is reiterating to all reporting entities subject to the requirements of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act the risks of doing business with individuals and entities based in, or connected to, Iran and the DPRK. FINTRAC would like to reiterate the statement issued by FATF on October 24, 2014 expressing its deep concern with the financing generated by, and provided to, the terrorist group the Islamic State of Iraq and the Levant (ISIL).
2015-03-26T11:36:13-05:00 2015-03-26T11:36:13-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Opening Statement by Director Gérald Cossette Financial Transactions and Reports Analysis Centre of Canada at the House of Commons Standing Committee on Finance</div> http://www.fintrac-canafe.gc.ca/new-neuf/ps-pa/2015-03-24-eng.asp
Opening Statement by FINTRAC Director Gérald Cossette at the House of Commons Standing Committee on Finance.
2015-03-24T11:36:13-05:00 2015-03-24T11:36:13-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: FATF Action on Terrorist Finance</div> http://www.fatf-gafi.org/documents/news/fatf-action-on-terrorist-finance.html
FATF Action on Terrorist Finance
2015-02-27T12:15:00-05:00 2015-02-27T12:15:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Opening remarks at the Casino Forum, Ottawa, February 3, 2015. By FINTRAC Director Gérald Cossette</div> http://www.fintrac-canafe.gc.ca/new-neuf/ps-pa/2015-02-23-eng.asp
Opening remarks by FINTRAC Director Gérald Cossette at the Casino Forum
2015-02-23T10:30:00-05:00 2015-02-23T10:30:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Calgary Crime Group Hit with $5 million Drug Seizure</div> http://www.alert-ab.ca/calgary-crime-group-hit-with-5-million-drug-seizure/
Calgary Crime Group Hit with $5 million Drug Seizure
2015-02-19T14:00:00-05:00 2015-02-19T14:00:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">Mass Marketing Fraud: Money Laundering Methods and Techniques – January 2015</div> http://www.fintrac-canafe.gc.ca/publications/typologies/2015-02-eng.asp
This Typologies and Trends report aims to identify techniques and methods that are used to launder the proceeds of mass marketing fraud, based on an analysis of voluntary information records and financial transaction reports included in FINTRAC disclosures to Canadian police services and foreign financial intelligence units.
2015-02-03T13:30:00-05:00 2015-02-03T13:30:00-05:00
<div xmlns="http://www.w3.org/1999/xhtml">News Release: Project Forseti – Integrated Organized Crime Investigation Unit North – Charges/Seizures</div> http://police.saskatoon.sk.ca/news/201539
Project Forseti – Integrated Organized Crime Investigation Unit North – Charges/Seizures
2015-01-16T10:20:00-05:00 2015-01-16T10:20:00-05:00