Federal officials signal a more risk-based approach to AML compliance
A new regulatory streamlining initiative could create opportunities to reduce unnecessary compliance burden while maintaining the effectiveness of Canada's
The Privacy Commissioner of Canada has published guidance for public and private sectors on protecting privacy in biometric initiatives.
The guidance addresses considerations for organizations when planning and implementing initiatives involving biometric technology, such as facial recognition and fingerprint scanning, to verify identity and provide services. It also emphasizes the importance of ensuring an appropriate purpose for collecting, using, and disclosing biometric information and assessing the risks involved. Guidance has been tailored specifically for federal institutions and businesses.
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