If a scruffy guy named Anthony staggered into your office, plunked a duffel bag full of Bessies on your desk, and demanded: “I want life insurance,” you’d quietly excuse yourself and go looking for the manager. Unfortunately, today’s white-collar criminals aren’t so easy to spot. To ensure terrorists, smugglers, drug traffickers, or other criminals don’t […]
If your dealership hasn’t already done it, here’s something you might expect in the near future — FINTRAC-mandated training on the revised anti-money laundering regulations, which came into effect this June. Some firms have already started. Just last week, Interglobe Financial Services Corp. and Blonde & Little Financial Services Ltd. jointly conducted a one-hour web-based […]
A small Toronto brokerage firm hired a CEO with eons of industry experience, tons of technology skills, and ample expertise with managing people–a sureshot lottery pick. With a business model based on growth by acquisitions, the company needed to make an average six to eight buyouts per year. But, 365 days later, their star CEO […]
(July 2008) If a scruffy guy named Anthony staggered into your office and plunked a duffel bag full of cash on your desk demanding to buy life insurance, you’d quietly excuse yourself and go looking for the manager. Unfortunately, today’s white-collar criminals aren’t so easy to spot. To bring the financial sector more in line […]
(June 2008) Advisors could already be feeling additional compliance pressures — the effect of new legislation designed to bring Canada’s regulatory regime in line with international anti–money-laundering standards. If not yet, the effects will likely be felt very soon. Bill C-25, which introduces significant regulatory revisions to Canada’s proceeds of crime (money laundering) and terrorist […]