Proceeds of Crime (Money Laundering) and Terrorist Financing Act

Marginal note:Feedback, research and public education

• 58 (1) The Centre may

  • (a) inform persons and entities that have provided a report under section 7, 7.1 or 9, or a report referred to in section 9.1, about measures that have been taken with respect to reports under those sections;

  • (b) conduct research into trends and developments in the area of money laundering, the financing of terrorist activities, sanctions evasion and the financing of threats to the security of Canada and into improved ways of detecting, preventing and deterring money laundering, the financing of terrorist activities, sanctions evasion and the financing of threats to the security of Canada; and

  • (c) undertake measures to inform the public, persons and entities referred to in section 5, authorities engaged in the investigation and prosecution of money laundering offences, terrorist activity financing offences and sanctions evasion offences, and others, with respect to

    • (i) their obligations under this Act,

    • (ii) the nature and extent of money laundering inside and outside Canada,

    • (ii.1) the nature and extent of the financing of terrorist activities inside and outside Canada,

    • (ii.2) the nature and extent of the financing, inside and outside Canada, of threats to the security of Canada,

    • (ii.3) the nature and extent of sanctions evasion inside and outside Canada, and

    • (iii) measures that have been or might be taken to detect, prevent and deter the money laundering — as well as the financing of terrorist activities and the financing of threats to the security of Canada — inside or outside Canada, and the effectiveness of those measures.

• Marginal note:Limitation

  (2) The Centre shall not disclose under subsection (1) any information that would directly or indirectly identify any of the following persons or entities:

  • (a) a person who provided a report or information to the Centre;

  • (b) a Canadian citizen or a permanent resident as defined in subsection 2(1) of the Immigration and Refugee Protection Act about whom a report or information was provided;

  • (c) a person in Canada or an entity that has a place of business in Canada about whom a report or information was provided.