http://www.mnp.ca/media-centre/blog/tags/anti-money-launderingAnti Money Laundering Blog Post RSS FeedCopyright 2012MNP All rights reserved.Recently the Deposit Insurance Corporation of Ontario released an advisory which outlines the procedures they expect credit unions to follow when providing banking services to Money Services Businesses. We'll summarize the risks and rewards of serving MSBs, the procedures DICO’s suggests, and outline the MSB screening and monitoring services. http://www.mnp.ca/en/media-centre/blog/2012/1/19/risk-or-reward-serving-money-services-businesses/Thu, 19 Jan 2012 00:00:00 GMTReporting entities are eager to know the impact that international anti-money laundering standard changes might have on their operations. Those international standards are maintained by the Financial Action Task Force (FATF), and they were updated on February 15, 2012 for the first time since 2003. http://www.mnp.ca/en/media-centre/blog/2012/3/9/fatf-updates-international-anti-money-laundering-standards-what-you-need-to-know/Fri, 09 Mar 2012 00:00:00 GMTMatthew McGuire, MNP's National Anti-Money Laundering Practice Leader, offers insights to the Senate on anti-money laundering.http://www.mnp.ca/en/media-centre/blog/2012/4/15/offering-anti-money-laundering-insights-to-the-senate-of-canada/Sun, 15 Apr 2012 00:00:00 GMTCredit unions in Ontario have received two important notices from their regulators about AML compliance this month. Both are indications of increased scrutiny of anti-money laundering compliance efforts, and follow the trend of FINTRAC’s focus shifting from education to enforcement.http://www.mnp.ca/en/media-centre/blog/2012/5/17/fintrac-and-dico-drive-for-compliance-examinations-and-assessments/Thu, 17 May 2012 00:00:00 GMT