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Canada's anti-money laundering agency struggles to implement reforms as employees work from home


Canada’s anti-money laundering agency struggles to implement reforms as employees work from home
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The federal agency responsible for tracking and preventing money laundering and terrorist financing has struggled adapting to remote work, which has affected its compliance operations and delayed the implementation of amendments to anti-money laundering regulations.
Internal documents from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) obtained through freedom of information legislation paint a picture of substantial disruption at the agency, especially in the first few months of the pandemic, when hundreds of employees were abruptly forced to work from home. ....

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A year after passage of Cares Act, watchdogs struggle to oversee trillions in coronavirus spending


A year after passage of Cares Act, watchdogs struggle to oversee trillions in coronavirus spending
Updated: 1 hour ago
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When the $2.1 trillion Cares Act was enacted just over a year ago, Democrats in Congress, mistrustful of the Trump administration’s ethical track record, made robust policing a top priority for the gusher of new spending.
The law, intended to stem the economic pain caused by the coronavirus pandemic, created new oversight bodies and directed more than $270 million to new and existing watchdogs. A House subcommittee with the power to issue subpoenas quickly got to work with queries to private corporations and government agencies. ....

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2 years after her election, Chicago Mayor Lori Lightfoot hasn't yet fulfilled key campaign promises | Government and Politics


As Lori Lightfoot rose in the polls against better known rivals two years ago, she pulled together nearly $300,000 to launch her first television ad.
In the commercial, first aired in January 2019, Lightfoot walked into a dark room, flicked on the lights and said, “I’ve prosecuted corrupt aldermen and held police accountable. Now, I’m running for mayor to finally make City Hall work for you.”
Speaking directly into the camera, Lightfoot said she supports an elected school board, “making all neighborhoods safe and reducing the unfair tax burden on working families.”
The ad, combined with intense fallout from the federal corruption case against Ald. Edward Burke, helped propel Lightfoot into a runoff against Cook County Board President Toni Preckwinkle. ....

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