Canada tightens sanctions against RussiaBy Bill Lumley
October 24, 2023
Canadian banks face criminal charges if they fall foul of new, tougher sanctions rules, as the government takes a harder line on enemy states.
The Deemed Ownership Rule reflects the country’s growing reliance on economic sanctions as a way to achieve its foreign policy goals, in the wake ...
UK bank compliance teams face the prospect of a new supervisor, under proposals to deter money laundering and terrorism financing. The structural overhaul would create a new ‘mega supervisor’ to...Read more