In this post we discuss disclosure obligations under Canadian economic sanctions and anti-terrorism laws, including in respect of financial services providers.
As discussed below:
There are disclosure obligations...more
4/29/2022
/ Asset Freeze ,
Canada ,
Corruption ,
Disclosure Requirements ,
Economic Sanctions ,
Financial Services Industry ,
Financial Transactions ,
Magnitsky Act ,
Money Laundering ,
Regulatory Requirements ,
Terrorist Financing Regulations
In the latest sanctions-related developments, Canada’s FINTRAC has agreed to work with other financial intelligence units in relation to sanctions and related anti-money laundering, while Canada has also imposed an additional...more
3/21/2022
/ Anti-Money Laundering ,
Belarus Sanctions ,
Economic Sanctions ,
Enforcement Priorities ,
Financial Crimes ,
Financial Intelligence Unit (FIU) ,
Financial Transactions ,
Foreign Policy ,
Foreign Relations ,
G7 ,
Military Conflict ,
Russia ,
Ukraine ,
Vladimir Putin
On February 28, 2022, Canada imposed another round of sanctions on Russia in the wake of its invasion of Ukraine. The new sanctions are now effective. They were imposed under the Special Economic Measures Act by way of...more
On February 24, 2022, Canada imposed additional sanctions on Russia in the wake of its invasion of Ukraine. The new sanctions, the key elements of which are described below, are now effective and were imposed under...more
2/28/2022
/ Biden Administration ,
Economic Sanctions ,
Financial Transactions ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
Goods or Services ,
Military Conflict ,
Russia ,
Ukraine ,
Vladimir Putin