financial entities

  • FINTRAC Foreign Branch Rules: Canada’s Extraterritorial AML Reach

    A Canadian bank with a branch in Singapore falls within section 9.7; a life insurance company’s foreign subsidiary is covered only if it carries out similar activities and is wholly owned or consolidated with the company; and a securities dealer’s affiliated London entity can trigger section 9.8 if the statutory affiliation test is met. Canada’s…

  • DORA ICT-Risk Reporting: Reading KNF’s 2026 Cyber-Threat Report

    On 9 July 2026, CSIRT KNF, the cyber-incident response team inside Poland’s Financial Supervision Authority, refreshed its report on the cyber threats facing the Polish financial sector for 2026. The document reads like a briefing pack rather than a rulebook: the priority attack scenarios, the techniques criminals are stacking into single campaigns, and the risks…