CONFIDENTIAL UNTIL RELEASED BY THE ATTORNEY GENERAL OF B.C. - DIRTY MONEY – PART 2

He has held management positions in the Enforcement Branch of the Ontario Securities Commission and in the Professional Regulation and Discipline Division of the Law Society of Ontario. [...] The effect of treating the proceeds of crime almost exclusively as a matter for the civil courts, defeats the very purpose of proceeds of crime legislation, which is to follow the money trail from or to a criminal organization and dismantle it. [...] If there is an unaddressed, or inadequately addressed, issue of money laundering in any of these areas, the independent expert should inquire into the nature and extent of these issues, and the history of these issues, to deliver any relevant findings, data and analysis to government. [...] This review will respond to recommendations 45 and 47 of the German report, “Dirty Money”: • R45 – That the Province undertake research into allegations of organized crime penetration of the real estate industry • R47 – That the Province consider researching the vulnerability of the luxury car sector and the horse racing sector to organized crime A parallel Ministry of Finance review assessing leg. [...] Alleged issues of criminal activity and money laundering relating to real estate to determine the scale and scope of any actual problem Advise government whether the following alleged issues can be confirmed to exist and, if so, the extent of the problem and any identifiable patterns in firms or individuals engaging in or facilitating the identified conduct: a.