B.C. casinos must declare cash deposits in new rules over money laundering - News Summed Up

B.C. casinos must declare cash deposits in new rules over money laundering


The new security measures are the result of an ongoing independent probe of suspicious cash transactions at B.C. casinos, Attorney General David Eby said Tuesday, adding more changes could be announced when the government receives a final report. German has confirmed for me there is cash coming from unknown, illegitimate sources in Lower Mainland casinos in British Columbia,” he said. “These are sizable transactions.”When pressed about the possibility the casinos were being used to launder cash, Eby said he did not want to prejudge the issue ahead of the final report. “This presence will allow for an increased vigilance required in casinos,” Eby said in a statement.


Source: National Post December 05, 2017 19:45 UTC



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