
Canada targets crowdfunding platforms with new rules
By: Bamdad Attaran | May 20, 2022 Crowdfunding platforms have new regulatory obligations. On April 5, 2022, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) introduced amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations (PCMLTFR). FINTRAC is responsible for administering and enforcing Canada’s anti-money laundering and anti-terrorist financing (“AML/ATF”) […]