Canada: FINTRAC Requires Charity Platforms to Comply with AML/KYC Rules, NCFA Criticizes Regulatory Move
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is now requiring charity platforms to perform AML/KYC processes on transactions. FINTRAC already requires crowdfunding platforms that provide services to raise funds or virtual currency and certain payment service providers to register as money services… Read More
Read more in: Canada, Politics, Legal & Regulation | Tagged aml, daryl hatton, FINTRAC, fundrazr, kyc, ncfa, regulations