In life insurance, it is possible to launder money but it is more difficult than in the banking sector.According to Géra…

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Changes to the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations came into effect recently, bring…

In 2014 the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) – the government agency responsible f…

Regulation developed to address money laundering is so disconnected from the reality of a Managing General Agency’s (MGA…

Industry leaders are hoping that positive changes will result from an ongoing regulatory review of the managing general …

Financial advisors and insurance agents are vulnerable to criminals intent on laundering the proceeds of their crimes. …