Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
A major inquiry has revealed what I and many others in the fraud space have long said: money laundering is rampant in one of Canada’s main provinces, British Columbia (B.C.), and the few cursory efforts made by the federal and provincial governments to tackle it have been largely ineffective. … Continue Reading
In 2019, SNC-Lavalin made global headlines after it was revealed that the Canadian Prime Minister, Justin Trudeau, had interfered in the prosecution of the company for the bribery of Libyan officials.… Continue Reading
Western countries have primarily responded to Russian aggression by utilizing financial tools against the Kremlin, President Putin, and Russian organizations and individuals connected to Putin. Since 9/11, economic sanctions have increasingly become a tactic of first resort against both state and non-state actors.… Continue Reading
There was good news for compliance officers last week. They’re in demand, and their pay is rising. But there was bad news too. In the finance sector, compliance officers feel overworked and underpaid.… Continue Reading
Regimes for combating human rights abuses are gaining momentum, examples of which include the European Parliament resolution of March 10, 2021 recommending to the EU Commission the introduction of corporate due diligence and corporate accountability, and Germany’s Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtengesetz) of June 11, 2021.… Continue Reading
Canada is often considered a haven for laundered money and wrongfully hidden assets, with judges acknowledging that the law has been slow to catch up to these crimes. … Continue Reading
James Cohen of Transparency International recently published a post on the FCPA Blog extolling the virtues of an open public register of ultimate beneficial ownership (UBO) in my home country of Canada.… Continue Reading
After years of foot dragging, improvements to Canada’s anti-money laundering regime have been picking up pace in the past few months.… Continue Reading
A globally coordinated day of enforcement action — involving sharing of evidence and intelligence, and information collection activities such as search warrants, interviews and subpoenas — against suspected offshore tax evasion orchestrated by a Central American financial institution was undertaken last week by the Joint Chiefs of Global Tax Enforcement (J5) from the United Kingdom, United States, Canada, Australia and the Netherlands.… Continue Reading
Interpol has 194 member countries. They can all request Red Notices and most of them have. How is it then that just one member — Russia — is behind more than a third of all currently public Red Notices?… Continue Reading
The World Bank debarred a Canadian agricultural equipment distribution company Wednesday for 30 months for fraud involving a project in Afghanistan.… Continue Reading
Nearly a third of employees in Singapore were aware of misconduct at work during the past year but many of them didn’t report it to management.… Continue Reading
