March 01 - Over the next year, a small, relatively obscure bureau of the U.S. Treasury Department will take a lead role in plugging what many experts consider the biggest hole in the U.S.’s anti-money-laundering protections. It won’t be easy for the Financial Crimes Enforcement Network, say experts and almost a dozen former Treasury officials and veterans of the bureau. Sweeping anti-money-laundering legislation, approved this year, requires the agency to build a state-of-the-art corporate ownership registry meant to help authorities unmask the beneficial owners of anonymous shell companies and track the flow of illicit money.

February 28 - Two Kelowna properties seized as part of an international investigation into a multi-million dollar insider trading scheme that involves money laundering, shell companies, a Swiss banker and a known fraudster, will remain in the hands of the province. In a Dec. 11, 2020 B.C. Supreme Court decision, the defendants in the case failed to get their hands on the $1.3 million the province made after it seized the two properties in 2019 and then sold them.

February 27 - Morocco has been placed on a grey list for countries with pervasive money laundering or terrorist financing concerns. The remarkable designation by the Financial Action Task Force (FATF), a global intergovernmental money laundering watchdog, puts Morocco in the same category as countries such as Syria, Yemen, and Pakistan. Morocco’s FATF designation is a significant blow to its appeal for foreign investment. The new designation comes less than a week after the EU removed Morocco from its grey list, an acknowledgement of the country’s efforts to comply with international tax standards.

February 25 - A disgraced Montreal TV executive convicted of fraud is facing allegations from the Canada Revenue Agency (CRA) that he filed false tax returns and hid assets in offshore accounts in Bermuda and other foreign locations. In 2016, Ronald Weinberg was sentenced to nine years in jail after being convicted in a highly publicized trial of defrauding investors in Cinar, the children's entertainment production company that he co-founded in Montreal in the 1980s.

February 25 - Billions of people around the world are being trapped in poverty by systemic tax abuses, corruption and money laundering, according to a UN commission report calling for a global crackdown. The UN panel on financial integrity for sustainable development urged governments to overhaul tax rules and the banking system to help end poverty and tackle the climate emergency.

February 25 - Global money laundering watchdog the Financial Action Task Force (FATF) on Thursday said it would keep Pakistan on its terrorism financing “grey list”. FATF had placed Pakistan on its “grey list” of countries with inadequate controls over terrorism financing in 2018, which made foreign firms more cautious about investing in Pakistan.

February 18 - RCMP claim to have significantly disrupted a highly-organized group of people involved in inter-provincial drug trafficking and money laundering. On February 11, the RCMP NL Federal Serious Organized Crime Unit—with assistance from the RCMP NL Emergency Response Team, Holyrood and Harbour Grace Detachments, the Royal Newfoundland Constabulary, and the Ontario RCMP Federal Serious and Organized Crime Unit—executed search warrants at five residences. The seizures involved two homes in St. John’s, one in Torbay, one in Etobicoke, and one in Mississauga.