Stay informed on anti-money laundering and counter-terrorist financing updates

Lawyers are encouraged to consult the Financial Action Task Force (FATF) and Financial Transactions and Reports Analysis Centre (FINTRAC) publications regarding money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction in addition to reading the Law Society’s publications. Learn about high-risk jurisdictions, jurisdictions under increased monitoring, and terrorist and proliferation financing trends and take appropriate measures when providing legal services.

Staying informed and establishing proactive measures is especially important when providing legal services to high-risk clients and in high-risk sectors such as securities, real estate, private lending and international trade, and creating companies, trusts and complex ownership structures.

Read the practice resource for detailed updates.