Money Laundering, Organized Crime, and Governance

This program contains _0_ Professionalism Hour(s).

This program is eligible for up to _1 hour 30 minutes_ Substantive Hours

Presented by: CPD House

Educators:  

• The Hon. Justice Rick Libman, Ph.D. (Osgood) of the Ontario Court of Justice,

Program date: November 17, 2021

Seminar summary

Various studies and reports have shed light on the prevalence of money laundering and its detrimental effects. The public is more aware and concerned than ever about this problem.

An offence of this kind is committed by anyone who uses, transfers the possession of, sends or delivers to any person or place, transports, transmits, alters, disposes of or otherwise deals with, in any manner and by any means, any property or any proceeds of any property with intent to conceal or convert that property or those proceeds, knowing or believing that, or being reckless as to whether, all or a part of that property or of those proceeds was obtained or derived directly or indirectly.

Canada’s anti-money laundering and terrorist financing laws are primarily contained in two statutes: the Criminal Code and the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTA).

This course will present an overview of both laws and the differences and connection between them.