00000nam 2200000zi 4500 9.906058 CaOODSP 20220819100053 m o d f cr cn||||||||| 211215e202205 onca ob f000 0 eng d 9780660413235 CaOODSP eng rda CaOODSP n-cn--- FD4-26/2022E-PDF Sectoral and geographic advisory : underground banking through unregistered money services businesses. Underground banking through unregistered money services businesses Ottawa ON : Financial Transactions and Reports Analysis Centre of Canada = Centre d'analyse des operations et declarations financières du Canada, May 2022. ©2022 1 online resource (9 pages) : colour illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier Issued also in French under title: Avis sectoriel et géographique : systèmes bancaires clandestins utilisant des entreprises de services monétaires non inscrites. Cover title. "Unclassified." "Reference Number: SGA 20/22-SIRA-001." Issued also in HTML format. Includes bibliographical references (page 9). "This Sectoral and Geographic Advisory focuses on money laundering and terrorist activity financing risks associated with underground banking through unregistered money services businesses (MSBs). Money services businesses that are not registered with FINTRAC—and therefore not fulfilling reporting and other obligations as required by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated Regulations—are susceptible to misuse by criminals for money laundering and financing of terrorist activities. As such, this advisory is designed to help businesses, financial institutions and the public understand and identify the characteristics of this activity and the types of individuals and entities that may be involved to better identify suspicious financial transactions, which could be reported to FINTRAC in support of law enforcement investigations and FINTRAC compliance activities"--Page 2. Nonbank financial institutions Canada. Money laundering Canada. Terrorism Canada Finance. Financial Transactions and Reports Analysis Centre of Canada, issuing body. Avis sectoriel et géographique : (CaOODSP)9.906059 PDF 1.93 MB https://publications.gc.ca/collections/collection_2022/canafe-fintrac/FD4-26-2022-eng.pdf HTML N/A https://fintrac-canafe.canada.ca/intel/advisories-avis/bank-eng