In Need of a Solid Foundation: Canada’s Proposed Financial Crime Agency

RUSI Commentary

Jul 6, 2022

Last week, Michael Nesbitt and I published a commentary on Canada’s need to critically examine what’s not working in our strategy against financial crime (and to explore what is working). Before Canada establishes a financial crime agency (as promised in this year’s budget), we need to do some serious soul-searching on this issue and avoid going for the fastest, cheapest option. Have a read!

In Need of a Solid Foundation

If you need more information on the work that FINTRAC does, here’s an article that will be of interest:

Insight Intelligence

Safe Canadians, Secure Economy: FINTRAC’s 2020-2021 Annual Report

Recently, I read through every FINTRAC report looking for some clues as to the effectiveness of Canada’s counter-terrorist financing regime. While the jury is still out on that question (which also happens to be the subject of my dissertation), the exercise allowed me to pull out some interesting data and points for comparison with this year’s report. This newsletter focuses on that report, but also includes some comparative analysis with prior years. I should note – since my focus is on terrorist financing, I’m largely ignoring a lot of the money laundering information (for now, anyway). Let’s get into it…

a year ago · Jessica Davis

And as always, if you find this newsletter interesting, please share it with a colleague!