FINTRAC Updates Guidance on Ministerial Directive on Iran Sanctions
policyCanada·Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)·Wire Summary
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) published important updates to its guidance related to the Ministerial Directive on Financial Transactions Associated with the Islamic Republic of Iran. The Ministerial Directive now applies to all businesses subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.
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