Canadian Court Invalidates Application of Money Laundering Rules to Lawyers

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Thursday, December 1, 2011
Author: 
Bruce Zagaris
Volume: 
27
Issue: 
12
Abstract: 
On September 27, 2011, Judge Gerow of the British Columbia Supreme Court, invalidated the provisions of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, S.C. 200, c. 17, as amended [the Act] and the Proceeds of Crime (Money Laundering) and the Terrorist Financing Regulations, SOR/2002-184, as amended [the Regulations], ruling that they are inconsistent with Sections 7 and 8 of the Canadian Charter of Rights...(more)...