Canada's Anti-Money-Laundering Controls Face Heightened Scrutiny

Nathan Shaheen speaks with The Logic about the upcoming Financial Action Task Force (FATF) audit, which will assess Canada’s effectiveness in combating money laundering and terrorist financing.

“In the current environment, the FATF team may scrutinize Canada more closely or with greater skepticism than in the past,” Shaheen said. Concerns are mounting that Canada could be placed on the grey list, partly due to widespread criticism of its enforcement regime and recent high-profile scandals.

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