Sectoral and geographic advisory : underground banking through unregistered money services businesses.: FD4-26/2022E-PDF
"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.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.906058&sl=0
| Department/Agency | Financial Transactions and Reports Analysis Centre of Canada, issuing body. |
|---|---|
| Title | Sectoral and geographic advisory : underground banking through unregistered money services businesses. |
| Variant title | Underground banking through unregistered money services businesses |
| Publication type | Monograph |
| Language | [English] |
| Other language editions | [French] |
| Format | Electronic |
| Electronic document | |
| Note(s) | 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). |
| Publishing information | Ottawa ON : Financial Transactions and Reports Analysis Centre of Canada = Centre d'analyse des operations et declarations financières du Canada, May 2022. ©2022 |
| Description | 1 online resource (9 pages) : colour illustrations |
| ISBN | 9780660413235 |
| Catalogue number |
|
| Subject terms | Nonbank financial institutions -- Canada. Money laundering -- Canada. Terrorism -- Canada -- Finance. |
Request alternate formats
To request an alternate format of a publication, complete the Government of Canada Publications email form. Use the form’s “question or comment” field to specify the requested publication.- Date modified: