In this episode of “Financial Crime Matters,” Kieran Beer talks with Toronto-based attorney, Jacqueline Shinfield, co-lead of Blakes’ Financial Services Regulatory Group.
Shinfield details the unfolding revolution in Canadian anti-money laundering and counter-terrorist financing, including the creation of a safe harbor for information sharing among Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) regulated entities and new sanctions reporting requirements.
Setting the stage for ACAMS’s upcoming “The Assembly Canada” on November 6 and 7, Shinfield also talks about how far Canada has come since the Cullen Commission Report by explaining the new role that title insurers will play in verifying beneficial ownership in real estate transactions and the new powers FINTRAC will have to examine foreign interference in Canada’s financial system.
