CBSA | Duhaime's Anti-Money Laundering & Financial Crime News

CBSA at Vancouver airport seize $15 million in undeclared funds in a year

Tweet According to this article in the Vancouver Sun, the Vancouver airport tops the country with the most seizures of unreported currency by travellers, with over $15 million intercepted in one year. Most of the persons entering or departing the country with undeclared currency originate or are travelling to, China. Under the Proceeds of Crime […]

Canadian officials agree to share cross-border currency reports with U.S.

Tweet Officials from Canada’s Border Services Agency (CBSA), U.S. Immigration and Customs Enforcement and U.S. Customs and Border Protection have signed an agreement that requires the countries to notify one another when more than $10,000 in currency is seized at the border. The Memorandum of Understanding for the Sharing of Currency Seizure Information is based […]