TOTAL: {[ getCartTotalCost() | currencyFilter ]} Update cart for total shopping_basket Checkout

Canada Dashboard Digest | Stoddart Concerned About Anti-Money Laundering Plan Related reading: On the pitfalls of reputation economics

rss_feed
iapp-privacycore
APF17_WebBanner_300x250-COPY
PrivacyCore_ad_300x250-01

The Canadian Press reports on Privacy Commissioner Jennifer Stoddart's comments before a Senate committee regarding concerns with the government's plan to expand the anti-money laundering agency Fintrac. "We shouldn't strengthen this regime--because of its impact on Canadians--until we have done some more research on its effects," she said. Stoddart is concerned that the expansion would result in Fintrac "examining large numbers of harmless transactions, such as money transferred by parents to children studying abroad, or remittances sent by naturalized Canadians to family members overseas," the report states. If Fintrac's powers are expanded, she said, more oversight should be put in place.
Full Story

Comments

If you want to comment on this post, you need to login.