Article

Lincoln Caylor and Nathan Shaheen on Impacts of Russian Invasion on Money Laundering

March 16, 2022
Social Media
Download
Download
Read Mode
Subscribe
Summarize

Lincoln Caylor and Nathan Shaheen write an article in the FCPA Blog on the increased and evolving global risk of money laundering in the world of cryptocurrency as a result of the Russian invasion of Ukraine.

They say that while the "impact of the sanctions will naturally be felt most directly by Russians," the "implications for businesses directly [or indirectly] engaged in Russia" should not be overlooked. The potential for money laundering facilitation "is likely to be heightened…for businesses worldwide" and "may be most acute for businesses engaged in the emerging Fintech and Blockchain sector."

Lincoln and Nathan also provide an outline of suggested procedures for these businesses in order to mitigate these risks in this complex global landscape.

The full article can be found on the FCPA Blog website.

Social Media
Download
Download
Subscribe
Republishing Requests

For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com.

For informational purposes only

This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.

From the Same Authors

See All
The Strong Borders Act Seeks to Strengthen the Canadian AML Regime
Blog

The Strong Borders Act Seeks to Strengthen the Canadian Anti-Money Laundering Regime

August 5, 2025
Lincoln CaylorNathan J. ShaheenDylan A. Gallant
Lincoln Caylor, Nathan J. Shaheen & Dylan A. Gallant
Placeholder
Article

Mareva Injunctions in Canada: Now Easier to Get?

June 25, 2025
Lincoln CaylorNathan J. Shaheen
Lincoln Caylor & Nathan J. Shaheen
Placeholder
Speaking Engagement

Lincoln Caylor Speaks on Report Writing in OBA Investigation Series

May 20, 2025
Lincoln Caylor
Lincoln Caylor