money laundering compliance solutions

Canada's anti-money laundering legislation directly impacts on over one million businesses and professionals.

ABCsolutions was established to assist Canadian individuals and organizations to meet the challenge of developing and maintaining an effective anti-money laundering compliance program as mandated under Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act.

Latest News

May 18 - Karachi - Pakistan Muslim League (Nawaz) President Mian Nawaz Sharif has said the money laundering case against him was nothing but political victimization by the government which feels that Sindh province was going out of PPP hands... He pointed out that money laundering case was moved against them in the past and had to be closed down as the then government could not find any wrong doing.
May 18 - Washington, D.C. - A former program manager for the Army Corps of Engineers and his son pleaded guilty Thursday to federal charges in a scheme that paid out more than $30 million worth of bribes and kickbacks as payments for steering multimillion dollar government contracts, federal prosecutors said. Kerry F. Khan, 54, of Alexandria, pleaded before Judge Emmet G. Sullivan in the U.S. District Court in the District to charges of bribery and conspiracy to commit money laundering, officials said in a statement.
May 17 - Rotorua, New Zealand - A New Zealand woman who went on the run with some of the millions of dollars mistakenly deposited into her partner’s bank account has been convicted of theft, attempted fraud and money laundering. Kara Hurring and partner Hui “Leo” Gao were dubbed the “Accidental Millionaires” after Westpac bank in 2009 gave them a credit line of 10 million New Zealand dollars (US$7.7 million) — 100 times their approved limit. The couple transferred millions into other accounts and left for China. Hurring returned after having a baby.