Anti-Financial Crime & Financial Crime Compliance
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AML, Canada

Canadian crowdfunding sites required to report transactions to FINTRAC

By Alisha Houlihan for AMLi

Crowdfunding sites in Canada will now be required to register and report their transactions to the federal anti-money laundering watchdog.

 The decision made by the Ottawa government follows several trucker convoys protests earlier this year against COVID-19 restrictions and vaccination mandates.

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