Canada-U.S. Blog Trade Lawyers Cyndee Todgham Cherniak and Susan K. Ross

Category Archives: Cryptocurrencies

Subscribe to Cryptocurrencies RSS Feed

Compliance Incentive: Canada to appoint a Canadian Ombudsman for Responsible Enterprise

Posted in Aerospace & Defence, Anti-Trust/Competition Law, Canada's Federal Government, Corporate Counsel, Cross-border deals, Cross-border trade, Cryptocurrencies, Environment, Export Controls & Economic Sanctions, FCPA/Anti-Corruption, Legal Developments

On January 17, 2018, the Government of Canada furthered its “progressive trade agenda” and responded to calls from human rights groups by announcing that it is going to watch the activities of Canadian businesses operating in overseas markets more seriously.  The Government of Canada will create an Office of the Canadian Ombudsman for Responsible Enterprise… Continue Reading

Should Canada add a books and records provision to export controls and economic sanctions laws?

Posted in Border Security, Canada's Federal Government, Corporate Counsel, Cross-border trade, Cryptocurrencies, Export Controls & Economic Sanctions, Exports, FCPA/Anti-Corruption

Countries, such as North Korea, Iran and Russia, may attempt to hide activities by using cryptocurrencies (such as Bitcoin). While the underlying activity of selling controlled goods or dealing with designated persons is illegal (under Canadian export laws) without an export permit/ministerial authorization, a secondary issue is enforcement.  Enforcement tools directed at “following the money”… Continue Reading