Dossier
Financial Crimes Agency
Coverage of Financial Crimes Agency in the Nexus archive.
- Canada to launch Financial Crimes Agency and ban crypto ATMs to tackle money laundering
Canada plans to launch a Financial Crimes Agency and ban cryptocurrency ATMs to combat money laundering. The measures aim to strengthen financial oversight and prevent illicit activities through enhanced regulatory frameworks.
- Canada to create powerful financial crimes agency as US weakens its approach
Canada is establishing the Financial Crimes Agency (FCA) to combat financial crime, contrasting with the US's weakened approach. The bill, introduced by the governing Liberals, has passed its first reading in parliament. Cryptocurrency ATMs may also be banned due to a lack of anti-money-laundering strategy.