Beneficial Ownership

aBOUT THIS EVENT

TCAE is excited to invite Paul M. Bourassa of Bourassa Law & Strategic Services to share his insights on the topic Beneficial Ownership. The session will cover what constitutes as Beneficial Ownership and how it can be used as a money laundering scheme. The speaker will also discuss the current trend towards a risk-based approach to AML compliance, and, in particular, the “benefits” of a beneficial ownership registry – provided of course that the other components of an AML regime, such as enforcement through regulatory and criminal regimes, are sufficiently robust.

This Knowledge Series session is proudly sponsored by MNP who have been avid supporters of TCAE since its inception.

Learning outcome

  • Learn what constitutes as Beneficial Ownership and how it is used in ML schemes 
  • Identify the key features and benefits of a beneficial ownership registry
  • Appreciate the importance of a beneficial ownership registry within the larger AML regime

SPEAKER

Paul M. Bourassa  |  Barrister and Solicitor, Bourassa Law & Strategic Services

In 2018, Paul founded Bourassa Law & Strategic Services, which focuses on providing advice to combat financial crime.  In 2020, he was appointed as Director & Vice President for North America with Altia, which is a leading global provider of intelligence and investigation software.  Recently, he was appointed to the Alberta Parole Board and to the Alberta Health Appeal Board.  

Among his various volunteer endeavours, Paul is a member of the Board of each of the Association des juristes d’expression française de l’Alberta, the Legal Education Society of Alberta, and the Canadian Bar Association Policy Committee.

Moderator

Abdullah Alawi  |  Financial Crime Investigator

Abdullah has 20 years of experience in banking treasury, diplomacy, investment advisory, and financial crime investigations. He worked for multiple private and public institutions in the Middle East and Canada. He enjoys the world of financial crime investigations, and loves to help others in their learning journeys. Abdullah holds a PGD in Financial Strategy, MSc. in Banking and Finance, BSc. In Economics, and is Certified Anti-Money Laundering Specialist (CAMS), and Certified Financial Crime Specialist (CFCS).