FinCEN Files: Investigation into Dirty Money Transfers from Major Global Banks

At least $ 2 trillion in suspicious transactions were carried out between 2000 and 2017 by several major global banks. This is what an investigation by the International Consortium of Investigative Journalists, made up of 400 journalists from the media in 88 countries, including the investigation units of Radio France and the newspaper Le Monde, reveals.
For their investigation, ICIJ journalists were able to obtain "suspicious activity reports". These are top-secret documents that US bank internal compliance officials send to US financial intelligence agencies when they detect questionable money transfers.

According to these documents, 2,000 billion dollars in suspicious transactions may have been carried out. It is dirty money linked to drugs, corruption, organized crime and terrorism.

Large banks are singled out like JP Morgan, Deutsche Bank, Bank of New York Mellon or HSBC. They ensure, however, that they make significant efforts to combat financial crime an…

Canadian Emergency Benefit Registration Begins

Canadians born in January, February and March have been registering since this morning to receive the Canadian Emergency Benefit (CHP). Ottawa plans to pay them direct deposits in five days. Those who prefer to send checks by mail will receive their money within 10 days. Since millions of people are claiming this $ 2,000 per month to compensate for their loss of income caused by the pandemic, the federal government wanted to spread online and telephone registrations over several days, thereby avoiding system overload. Tuesday will be the turn of people born in April, May and June.
 
Canadian Emergency Benefit Registration Begins

At a press conference, Prime Minister Justin Trudeau said his government was working to help financially those who fall through the cracks currently in place. New measures will be announced soon for those who work ten hours or less per week, as well as health care workers whose wages do not reach $ 2,000 per month, such as attendants. The Leader of the Government has not yet called the House of Commons to adopt the most recent financial assistance measures. A law must be adopted to concretize federal subsidies for 75% of the wage bill of companies that have lost at least 30% of their revenues.

A discussion between parliamentarians has started, however, on the feasibility of virtual meetings. On Monday morning, the interim leader of the Conservative Party Andrew Scheer stressed the need to sit in person. He did not close the door on virtual meetings, provided that these are added to the face-to-face sessions, that they are "one more tool".

"The best place to have a dynamic exchange between parliamentarians (...) is the House of Commons," Scheer said during a press conference in Regina, where he lives.

When the Commons sat down to adopt the first federal aid plan, of which the PKU is a part, Mr. Scheer used a government plane to make the trip from Regina to Ottawa and participate in the session where only about thirty deputies seat. Before suspending work on March 13, the parties had agreed to sit only in a small group, if it was necessary to return to pass laws, in order to limit the movements and the risks of spread of the virus. There are 15,821 confirmed and probable cases detected by tests administered in Canada. COVID-19 disease has claimed the lives of 293 Canadians to date.




Distribution of cases in the country, according to the most recent provincial and territorial reports available: 7,944 cases in Quebec, including 94 deaths; 4,347 cases in Ontario, including 132 deaths; 919 cases in Alberta, including 23 deaths; 1,203 cases in British Columbia, including 38 deaths; 262 cases in Nova Scotia; 249 cases in Saskatchewan, including three deaths; 217 cases in Newfoundland and Labrador, including one death; 203 cases in Manitoba, including two deaths; 101 cases in New Brunswick; 22 cases in Prince Edward Island; six cases in the Yukon; four cases in the Northwest Territories; no cases in Nunavut. In addition to these provincial and territorial reports, there are 13 cases among passengers repatriated from the cruise ship Grand Princess on March 10.