PUBLICATIONS
March 31, 2019
Combatting Money Laundering in BC Real Estate
Anti-Corruption
Combatting Money Laundering in BC Real Estate
DATE
March 31, 2019
AUTHORS
Prof. Maureen Maloney
YEARS
2019
POLICIES
Anti-Corruption
Combatting Money Laundering in BC Real Estate
The purpose of this report is to recommend what action can and should be taken by the Province, primarily regulatory in nature, to better combat money laundering in the BC real estate market. It is clear that BC cannot be effective on its own. Accordingly, the report also identifies improvements to the core federal anti-money laundering (AML) legislation and practice, including the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and the operations of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
DOCUMENTS (1)
