"Money laundering is the attempt to conceal or disguise the nature, location, source, ownership, or control of money."
The Canadian government, through FINTRAC (Financial Transactions Analysis Centre of Canada), has written strict laws and regulations to help prevent money laundering activities. This document is called the PCMLTFA (Proceeds of Crime [Money Laundering & Terrorist Financing] Act) which outlines all of the regulations and precautions financial organizations must take. Link to this act is as follows: http://www.fintrac.gc.ca/act-loi/1-eng.asp.
Wall Street Finance (Canada) Ltd. does not allow money transfers intended for gaming, gambling, or illegal activity. We stop all identified transfers associated with any such activity.
Wall Street Finance Canada Ltd. has implemented a comprehensive compliance program within our organization to ensure strict adherence to government rules and regulations.