The lack of concrete action on money laundering makes Canada's financial watchdog look like a "sheep's mask on a wolf's face," B.C. "I believe the current reporting system actually reduces the probability of action," Eby told the House of Commons finance committee. 's experiences with money laundering as part of a public consultation on amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. A report into potential money laundering at Richmond's River Rock Casino prompted an investigation commissioned by the province. residents have an 'increasing lack of confidence' in government enforcement of laws against money laundering.
Source: CBC News March 27, 2018 23:26 UTC