Yearly Archives: 2018

FINTRAC released its first Terrorist Financing Assessment 2018

FINTRAC released its first Terrorist Financing Assessment 2018 which provides a baseline assessment of the terrorist activity financing risks presented by various countries and terrorist organizations within those countries. Terrorist Financing Assessment: http://www.fintrac-canafe.gc.ca/intro-eng.asp
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Amendments to the Canada Business Corporations Act, which recently received Royal Assent as part of Budget Implementation Act No. 2.

These amendments set out criteria for identifying individuals with significant control over a corporation. It also sets out a requirement for a corporation that meets certain criteria to keep a register of individuals with significant control and requirements respecting the information to be recorded in it. Finally, it includes applicable offences and punishments. The amendments…
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