OSFI Takes Action on its New Anti-Money Laundering Responsibility
Soon after Canada’s Office of the Superintendent of Financial Institutions (OSFI) was given new powers by the federal government to help our anti-money laundering agency do more to prevent and detect money laundering in this country and work closely with other countries to counter international crime facilitated through our banks, OSFI is taking action with […]
Desjardins has its own Chief Anti-Money Laundering Officer
In light of the recent news of TD Bank, one of Canada’s largest financial institutions, coming under intense scrutiny and oversight by regulators and the U.S. Department of Justice for its failure to prevent and detect a major money laundering illicit drug scheme through its U.S. branch operation, it is important to also highlight a […]