SPOTLIGHT CALL • ETA MEMBERS ONLY

Amendments to PCMLTFA

JUNE 19 • 2:30PM ET

Minister of Public Safety Gary Anandasangaree tabled Bill C-2, the Strong Borders Act.

This bill proposes to amend the PCMLTFA with related amendments to the Personal Information Protection and Electronic Documents Act (PIPEDA) to clarify public to private information sharing provisions to help better detect and deter money laundering and support the recently created Integrated Money Laundering Intelligence Partnership between banks and law enforcement.

The legislation contains significant changes to the Anti Money Laundering (AML) regime.  Bill C-2's full text is available.

 

RSVP TO ATTEND »

Why It Matters

C-2 proposes to amend the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) to:

  • Strengthen the AML regime with increased penalties, and more supervision and compliance;
  • Restrict large cash transactions and third party cash deposits;
  • Require all businesses regulated for AML purposes to enroll with FINTRAC; and
  • Permit disclosures from the FINTRAC to the Office of the Commissioner of Canada Elections.

Speaker

Jackie Shinfield
Partner, Blakes

RSVP Today

Admission is complimentary, but an RSVP is required.
Questions? Contact Scott Talbott at stalbott@electran.org.

gmail, hotmail, and other free email domains cannot be used to RSVP