Canada Proposes Law to Require Currency Record-Keeping

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Thursday, March 1, 1990
Author: 
Bruce Zagaris
Volume: 
6
Issue: 
3
Abstract: 
On March 21, 1990, Gilles Loiselle, the Minister of State for Finance through a spokesperson, explained a new Canadian Government proposal to require banks and other financial institutions, such as money-exchange houses, to make and maintain records of large cash transactions.