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
February 17 - Thailand's Anti-Money Laundering Office (AMLO) has requested the seizure of assets linked to major fraud networks involving human trafficking, digital currency money laundering, and stock trading scams. The total value exceeds 13 billion baht.
AMLO has submitted a request to prosecutors to seize assets worth over 13 billion baht from major fraud networks, its spokesman said on Tuesday (Feb 17).
February 17 - Anti-money laundering compliance is no longer a background regulatory function; it is a frontline risk control that can determine whether a financial institution thrives or faces severe enforcement action.
According to AiPrise, financial crime rarely announces itself. Instead, it exploits operational blind spots. By late 2025, criminal networks had concealed roughly $7.1bn in suspicious transactions reported under U.S. AML requirements, underscoring how systemic weaknesses can quietly escalate.
February 17 - Five individuals have been federally indicted on accusations of having roles in a $220 million nationwide fraud scheme involving purported cattle purchase contracts, according to an announcement from United States Attorney for the Northern District of Texas Ryan Raybould. A Fort Worth federal grand jury returned the indictment on February 11, 2026.
February 17 - Kenya is pushing to repair its financial credibility after being placed on the global “grey list” in February 2024, a designation that signalled weaknesses in how the country combats money laundering and terrorism financing.
The listing, issued by the Financial Action Task Force (FATF), placed Kenya under increased international monitoring and raised caution among global banks and investors dealing with the country.
February 16 - Ukrainian investigators on Monday named former energy minister German Galushchenko as a suspect in a money laundering probe, one day after he was detained by law enforcement while attempting to leave Ukraine. Investigators alleged they found approximately $12 million in Galushchenko’s family bank accounts linked to a kickback scheme from contractors building fortifications to Ukraine’s defend energy infrastructure. Read our blog to see how the day's events unfolded.