Anti-Money Laundering Secretariat

B.C.'s Anti-money Laundering Secretariat leads the provincial response to money laundering. It was established in 2018 and is part of the Ministry of Finance.

The Anti-money Laundering Secretariat supports efforts to ensure the regulatory and legal framework relating to money laundering and financial crime is a cohesive regime, able to adapt to evolving criminal threats.

What we do

Actions of the Anti-Money Laundering Secretariat include:

• Providing policy advice and information on emerging or existing money laundering techniques
• Identifying opportunities for strengthening statutory frameworks
• Determining vulnerable sectors where new measures may be required
• Supporting regulatory bodies, law enforcement, and other organizations to facilitate and implement anti-money laundering improvements within their purview
• Leading cross-government alignment when participating with the federal government on anti-money laundering initiatives

B.C.'s Anti-Money Laundering Strategy

Goal 1: A coherent and agile approach to the identification and prevention of money laundering. 

Goal 2: Implementation of a coordinated compliance and enforcement regime to make B.C. the most difficult jurisdiction in Canada in which to launder money.

Goal 3: Government, partners, and stakeholders prioritize anti-money laundering efforts and take an integrated and coordinated approach to combat money laundering.