MNP LLP Anti-Money Laundering Compliance Blog

Monthly Archives: March 2011

Keeping it Clean: Money Laundering and the Property and Casualty Insurance Industry

By Matthew McGuire | March 28th, 2011
An article crafted by WM-AML’s Amber Scott and Lucy Tran on  money laundering risks and obligations in the P&C insurance industry has been published in the Canadian Underwriter magazine.   Read their analysis at  http://www.canadianunderwriter.ca/issues/story.aspx?aid=1000405872&type=Print%20Archives. A special thanks to Ms. Allison Murray of A.M. Associates (http://www.amassociates.ca/) a specialist consulting practice offering a range of services to [...]
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Another Casino Receives FINTRAC Penalty: SaskGaming

By Matthew McGuire | March 24th, 2011
CBC News reported on March 22, 2011 that FINTRAC had issued a penalty of $148,840 to Saskatchewan’s gaming corporation, SaskGaming, for lapses in compliance with Canada’s anti-money laundering  legislation found in an April 2010 examination.   That penalty has not yet been published by FINTRAC, and cannot be until all avenues of appeal open to [...]
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Egypt, Libya, and Tunisia: Keeping Up With A Rapidly Changing Global Environment – PEFP screening and transaction monitoring in an era of political upheaval

By Matthew McGuire | March 3rd, 2011
By Amber D. Scott The news is awash with stories of changes in the political landscape of the Middle East and North Africa.  A recent edition of the economist focused almost solely on the current and expected changes in the region.  While this is interesting socially and politically, there are also real implications for you [...]
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