Bill Detail
An Act to establish the Financial Crimes Agency and to make consequential amendments to certain Acts and regulations
This enactment establishes the Financial Crimes Agency as a specialized federal law enforcement agency whose mandate is to investigate financial crimes and to contribute to the recovery of proceeds of crime. It also makes consequential amendments to certain Acts and regulations.
✦ AI Summary
Bill C-29 proposes to create a new federal law enforcement agency called the Financial Crimes Agency. This agency will focus on investigating serious and complex financial crimes, including those involving digital assets and money laundering. Its mandate will also include recovering proceeds from criminal activities and cooperating with international partners.
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