Canada has an estimated $113B money laundering problem. But the Cullen Commission of Inquiry into Money Laundering in British Columbia* shows the issue is actually much larger and “regulatory agencies have, for many years, failed to grasp the nature and extent of this growing problem.”
Are you doing enough to confront money laundering?
Download the white paper today to learn four ways you can comply with AML requirements and reduce fraud risks!
You’ll learn how to:– Reduce AML compliance risks with robust KYC and identity verification.
– Detect and prevent fraud and money laundering risks.
– Improve AML and sanctions screening.
– Combat human trafficking
GeoComply offers a suite of geolocation compliance and cybersecurity solutions to help investigators, regulators, and private entities combat money laundering in the digital age. Our solutions are used in the highly regulated U.S. iGaming and sports betting market as well as by leading operators in the recent Ontario launch.
*On Wednesday, June 15, the BC Government publicly released the final report and recommendations from the Cullen Commission of Inquiry into Money Laundering BC. The Commission was established in May 2019 to examine the extent of money laundering in BC. Areas of focus included real estate, as well as the gaming sector, financial institutions, the corporate sector, lawyers and notaries, accountants, luxury goods and virtual assets.