Fraud & Anti-Corruption - WeirFoulds LLP

May 22, 2018

The Mareva Injunction: A “vital arrow” for fraud victims, according to Ontario’s Divisional Court

In a recent decision, Ontario’s Divisional Court reviewed the requirements for succeeding in obtaining a Mareva injunction, and, more importantly, reaffirmed the importance of such an injunction in fraud…

May 17, 2018

AML Update: Looking Ahead in 2018: Investment Funds Bulletin

The Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) provides for there to be a review by Parliament of the administration and operation of the Act every…

May 4, 2018

British Overseas Territories Faced with Push for Transparency by UK Government

On 1 May 2018, the UK Government accepted an amendment to the Sanctions and Anti-Money Laundering Bill, which now heads back to the House of Lords. The amendment…

Dec 8, 2017

International Anti-Corruption Day: 9 December

International Anti-Corruption Day has been recognized on an annual basis since the passage of the United Nations Convention against Corruption which Canada has ratified in 2003. This year, International Anti-Corruption Day falls on 9 December 2017.

Jun 30, 2016

Don’t Turn the Boom Into a Bust: Avoiding the Criminal Consequences of Public Procurement

In a recent interview with the Globe and Mail, Canada’s Commissioner of Competition, John Pecman, said that the Competition Bureau is planning to double the number of…

Sep 28, 2015

Integrity Provisions and Leases with Federal Governmental Bodies

Overview of the new Integrity Regime On July 3, 2015, the Government of Canada introduced a revamped “Integrity Regime” that applies to all real property transactions (including…

Jul 9, 2015

A Leap of Good Faith? Practical Implications of the Supreme Court of Canada’s Decision in Bhasin v. Hrynew for Contracting Parties – Update

A Leap of Good Faith? Practical Implications of the Supreme Court of Canada’s Decision in Bhasin v. Hrynew for Contracting Parties[1] In Bhasin v. Hrynew,[2] the Supreme…

Jan 23, 2015

A Year in Review: The Far Reach of the IRS in Canada Foreign Account Tax Compliance Act

In February 2014, the Government of Canada and the Government of the United States entered into an intergovernmental agreement (“IGA“). The IGA allows Canadian financial institutions to…

Nov 27, 2014

Tort Liability at Home for Alleged Wrongs Abroad: The Common Law Goes Extraterritorial?

Contemporary anti-corruption and bribery legislation is distinguished by its extraterritorial reach to conduct abroad conduct which may indeed be lawful and/or expected as a condition of doing…

Feb 6, 2014

Sneaking and Peeking: The Future of Securities Investigation Has Arrived

In the 1983 classic Scarface, Tony Montana was recorded laundering millions of dollars by a video camera disguised as a clock. His captors understood one important lesson:…

Dec 9, 2013

Spilling secrets: The end of confidentiality in offshore financial centres

The Cayman Islands, Nevis and the British Virgin Islands (“BVI“) bring to mind images of turquoise waters, white sand beaches andoffshore bank accounts and corporations where the…

Oct 17, 2013

The Recovery of Stolen Assets in Canada: Civil and Criminal Remedies

In Canada, the fraud victim has four avenues that would aid in the recovery of the stolen funds: (1) the pursuit of civil remedies; (2) the pursuit…

Jun 1, 2011

Case Law Update: i Trade Finance Inc v Bank of Montreal

Secured Transaction Personal Property Security Act Equity Fraud

Mar 22, 2010

Real Estate Developers Must Comply with Anti-Money Laundering Legislation

Real estate developers must now comply with the reporting, client identification and record keeping requirements within this legislation.

Jul 30, 2009

Toronto’s “Harmonized” Comprehensive Zoning By-law: Closer to Approval

Since 2004, the City of Toronto has been working on harmonizing the 43 different zoning by-laws inherited from its pre-amalgamation municipalities into one single comprehensive zoning by-law.

Jan 19, 2009

New Duties for Real Estate Developers Under Money Laundering Legislation

On February 20, 2009, a key amendment to regulations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, 2000, c.17 will come into force.

Nov 1, 2004

Bank Fraud: Practical and Legal Repercussions

Download a PDF of the full article on the left.

Search

Practice Area

Directory

Role