Displaying items by tag: Law & Order

This week, policymakers in Canada received a wake-up call to address the country's money laundering problem, known as ‘snow washing’. Following reports of money laundering through gambling, real estate and luxury car sectors, the government of the province of British Columbia convened an independent commission to look into the problem. They called on numerous witnesses, experts and Transparency International. They found serious failings from the provincial through to the federal level. Real estate professionals rarely recognise money laundering. Pray for better guidance from the federal financial intelligence unit. Secrecy in real estate ownership aggravates the problem. One-third of the 100 most valuable residential properties are owned through anonymous shell companies. Pray for more indexes that record the true owners of companies, trusts or partnerships owning real estate. The need for Canada to accelerate this fight is even clearer in light of the difficulties the country now faces in implementing its own sanctions against Russian kleptocrats following the invasion of Ukraine.

There needs to be more and better laws and legislation to safeguard children from online sexual exploitation. Later this month the Online Safety Bill will be debated in Westminster as it enters its second reading. The bill will require online platforms to take action to improve child protection. Pray for consensus on the importance of further strengthening child protection, particularly in preventing the livestreaming of child abuse.