FINTRAC alert: Money laundering from illicit cannabis operations

By Ana Badour, Shauvik Shah and Ella Hantho (November 10, 2022, 9:36 AM EST) -- On Sept. 28, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), released its latest Operational Alert for Laundering of Proceeds from Illicit Cannabis (Operational Alert). The purpose of the Operational Alert is to help FINTRAC-reporting entities identify and report financial transactions related to laundering proceeds from illicit cannabis activities....