FINTRAC raises red flags to help business detect laundering of billions from illegal wildlife trade

By Cristin Schmitz (January 31, 2023, 1:40 PM EST) -- The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has published a new “operational alert” aimed at helping businesses subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to identify and report financial transactions suspected to be related to the laundering of billions of dollars annually in proceeds of crime from the illegal global wildlife trade....