CANADA’S NEW DIAMOND INDUSTRY PROTECTS ITSELF AGAINST COMMERCIAL CRIME
February 1st, 2012
BY LEAH GERMAIN, IN EDMONTON
CANADA'S diamond industry is blossoming into a world leader as the third largest producer of rough diamonds, after Botswana and Russia. But ready profits from valuable natural resources can encourage crime, specifically money laundering. Leah Germain investigates the country's current legislation and precautions taken by the industry to prevent the laundering of assets through the purchase of diamonds.
THE ROYAL Canadian Mounted Police (RCMP) has warned its federal government that a lack of resources and a failure to establish ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.