I am doing some research regarding the recently launched Integrated Money Laundering Intelligence Partnership (IMLIP). One of the stated purposes of Bill C-2 was to "clarify public to private information sharing provisions to help better detect and deter money laundering and support the recently created Integrated Money Laundering Intelligence Partnership [...]
Read MoreMoney laundering. It's a persistent headache for Canada's financial integrity and the real estate and financial sectors are prime targets. One of the weakest links? The mortgage application process. Lenders are often relying on borrower-supplied income documents, and those can be "creatively edited." It's time for a serious upgrade to [...]
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I am doing some research regarding the recently launched Integrated Money Laundering Intelligence Partnership (IMLIP). One of the stated purposes of Bill C-2 was to “clarify public to private information sharing provisions to help better detect and deter money laundering and support the recently created Integrated Money Laundering Intelligence Partnership (IMLIP) between banks and law enforcement.” The IMLIP improvements need […]
Money laundering. It’s a persistent headache for Canada’s financial integrity and the real estate and financial sectors are prime targets. One of the weakest links? The mortgage application process. Lenders are often relying on borrower-supplied income documents, and those can be “creatively edited.” It’s time for a serious upgrade to our anti-money laundering (AML) toolkit: letting lenders directly verify income […]
Money laundering is a criminal problem but it also has a direct impact upon the lives of the average Canadian. In the real estate market it involves criminal using illicit funds to purchase properties, often through anonymous companies or shell corporations. As the BC report Combatting Money Laundering notes: The primary negative effect of money laundering on real estate markets […]
In this story from the CBC it is reported that several Cabinet Ministers are awaiting the determination of the Liberal National Executive as to whether they would have to leave Cabinet in order to run for the leadership. In previous years leadership candidates have continued in Cabinet (Kim Campbell and Jean Charest come to mind). However, that was before the […]
This article is correct that a Foreign Agent Registry is not the answer to all problems related to foreign interference. That is also true about the Lobbyists Registry which was not the answer to all problems related to influence peddling. However, as with Lobbyists, we should know who is acting on behalf of others and a registry will increase transparency. […]
Today, June 16, 2023, the Supreme Court of Canada upheld the Safe Third Country Agreement with the United States. In essence this requires individuals claiming asylum to make that claim in which ever country they enter first. Practically speaking, from Canada’s perspective, it requires individuals who have entered the US to claim refugee status in that country rather than transit […]
I have been trying various legal tasks on ChatGPT. For example, asking it to draft a non-disclosure agreement or a custody agreement in accordance with PEI law. Four months ago, I tried similar tasks, and they were totally beyond the capacity of the system. Today they produce agreements that look extremely authoritative. The first thing that is clear is that […]
There is an amazing amount of continuing education material for lawyers online. This webinar from the Law Commission of Ontario is a really good discussion of the possibilities and challenges with ChatGPT. For those who do not follow these things ChatGPT is an online artificial intelligence tool. It can generate materials in response to prompts that are amazingly well-written. However, […]
This story in the Globe and Mail reports that University of Waterloo is instructing its employees they are not obliged to talk to CSIS agents if they are approached about projects with scientists from foreign countries. University of Waterloo is one of Canada’s leading science and technology universities. Not only does it participate with a range of foreign research programmes […]
S. 7 of the Lobbying Act requires Corporations and organizations (see definition in s. 2(1) which captures the association as a non-share capital organization) are required to file a return in in the prescribed form if it employs one or more people who communicates with a public office holder with respect to any one of a number of activities. Most […]