Tag: Proceeds of Crime (Money Laundering) and Terrorist Financing Act

Shining a light on compliance

February 23, 2025

In the world of glittering diamonds, precious metals, and high-value jewellery, dealers in precious metals and precious stones are not immune to money laundering or terrorist financing threats and risks. In fact, they play a key role in preventing and detecting financial crime and helping to safeguard Canada’s financial system and economy. The importance of… Continue reading...

CJA brings jewellers’ perspective to anti-money laundering law review

April 5, 2018

On March 21, CJA's Brian Land and Phyllis Richard assisted the Canadian government in its statutory review of the Proceeds of Crime and Terrorist Financing Act.

Comes out in the wash: Why complying with Canada’s anti-money laundering rules makes good business sense

June 14, 2016

It's not often Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) makes national headlines, but it did just that in April. The story referred to a controversial decision not to release the name of a bank fined more than $1 million for various infractions under Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).

Industry groups issue FINTRAC warning

April 22, 2016

Canada's financial intelligence unit has imposed administrative monetary penalties against two jewellers for violating the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).

FINTRAC to prepare compliance assessment report

March 21, 2011

Dealers in precious metals and stones (DPMS) will be put under the microscope this year when Financial Transactions Reports Analysis Centre of Canada (FINTRAC) conducts a compliance assessment report on the sector.

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Tag: Proceeds of Crime (Money Laundering) and Terrorist Financing Act

Shining a light on compliance

CJA brings jewellers’ perspective to anti-money laundering law review

Comes out in the wash: Why complying with Canada’s anti-money laundering rules makes good business sense

Industry groups issue FINTRAC warning

FINTRAC to prepare compliance assessment report

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Tag: Proceeds of Crime (Money Laundering) and Terrorist Financing Act

Shining a light on compliance

CJA brings jewellers’ perspective to anti-money laundering law review

Comes out in the wash: Why complying with Canada’s anti-money laundering rules makes good business sense

Industry groups issue FINTRAC warning

FINTRAC to prepare compliance assessment report

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