The AML Shop Acquires Clement Advisory Group

We are pleased to share that The AML Shop has acquired the regulatory compliance advisory practice of Clement Advisory Group  (CAG), a licensed private investigative agency led by former RCMP Superintendent and Cobourg Chief of Police, Garry Clement. CAG has been providing regulatory advice and investigative services since 2009

Matt McGuire, Founder of the AML Shop says, “This is a great day for both CAG and The AML Shop. Having worked together for a number of years and knowing that Garry has built such a respected and successful business, it made sense for us to carry on his legacy. We are thrilled that Garry will remain a senior advisor to us and we will continue to collaborate to bring the very best in service to clients.”

Garry Clement, President of CAG shares, “I could not have found a better company to acquire the responsibility for the many clients that have been integral to CAG’s success since 2009. I trust in the ethics and knowledge of Matt and his highly trained team of AML experts.  Due to the complexities that organizations face today, in order to achieve AML and CTF requirements, it is essential that the financial sector relies on companies that have a team of subject matter experts. I know this to be the case with The AML Shop and am pleased to remain in a senior advisor role.”

As part of the acquisition, The AML Shop will gain access to CAG’s program models, training materials and evaluation methodologies, and will be continuing the distribution of Garry’s widely read newsletter in the coming months.

The acquisition takes effect on October 1, 2018. Any current clients of either company or anyone who would like further information is encouraged to contact Matt McGuire directly.

Amending Regulations Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act

The proposed Regulations Amending Certain Regulations Made Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act 2018 have been published in Part I of the Canada Gazette.

The proposed amendments include changes to the:

  • Proceeds of Crime (Money Laundering) and Terrorist Financing Suspicious Transaction Regulations;
  • Proceeds of Crime (Money Laundering) Terrorist Financing Regulations;
  • The Cross-Border Currency and Monetary Instruments Reporting Regulations;
  • Proceeds of Crime (Money Laundering) and Terrorist Financing Registration Regulations; and
  • Proceeds of Crime (Money Laundering) and Terrorist Financing Administrative Monetary Penalties Regulations.

Partnership Announcement - The AML Shop and BIG Blockchain Intelligence Group

Vancouver, British Columbia--(Newsfile Corp. - May 30, 2018) -BIG Blockchain Intelligence Group Inc. (CSE: BIGG) (WKN: A2JSKG) (OTC Pink: BBKCF) ("BIG" or "the Company"), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, announces that the Company has signed a Partnership Agreement with the AML Shop to jointly deliver customized cryptocurrency forensic services and for the AML Shop to act as a distributor of BIG's proprietary Blockchain investigative platform, QLUETM.