Anti-money laundering advocates praise new public registry for corporations, look for harmonization with provinces
Parliament has passed legislation to establish a public registry of the beneficial owners of federally registered corporations, but most companies in Canada are registered at the provincial level.
Advocates are praising the multi-party effort to crack down on the use of shell companies for money laundering and terrorist financing, and saying Canada could go from a laggard to a leader if the federal government can convince the provinces and territories to get on board....
SPONSORED CONTENT
Get Today’s Headlines Newsletter
Your quick scan of the news you need each weekday to be the smartest person in the room.
By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy
