On December 2, 2020, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) published guidance on money laundering (“ML”) and terrorist financing (“TF”) red flag indicators for virtual currency transactions. In Canada, businesses dealing in virtual currency are subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada).
Even as a youth, I was told to consider my options when I was making an important decision. My parents taught me to take a piece of paper, draw a line down the middle, and write down the “pros” on one side and the “cons” on the other.
“Tattleware” or software that somehow tracks employees’ actions has seen a rise in popularity (thank you pandemic) and recently been in the news after an Alberta woman was fired after refusing to download an app that would allow her employer to tell when she was at work.