Christopher Oldcorn
Managing Editor, Saskatchewan Standard at Western Standard
Managing Editor for the Saskatchewan Standard (part of Western Standard) @WSOnlineNews @SaskStandard. Also covering Canadian, US, UK, and European politics.
Articles
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2 months ago |
finance.einnews.com | Christopher Oldcorn |Myke Thomas
In one of its final acts, the federal government has introduced new regulations aimed at slowing or halting financial transfers to Russia. Under the new rules, all bank and wire transfers — regardless of the amount — must undergo strict background checks, according to a notice from the Department of Finance. “Anti-money laundering and anti-terrorist financing measures Russia has implemented are ineffective and insufficient,” stated the Regulatory Impact Analysis Statement.
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