A national public inquiry into money laundering is a good thing no matter which party wins the federal election, says British Columbia’s attorney general. British Columbia Attorney General David Eby looks on during a news conference in Vancouver, Friday, May 24, 2019. THE CANADIAN PRESS/Darryl Dyck

B.C. makes regulatory change in battle against money laundering

Attorney General David Eby says the change addresses concerns raised by former RCMP officer Peter German

The B.C. government is giving the province’s gambling regulator greater independence to set and enforce regulatory policy in the fight against money laundering.

The government says it is transitioning the gaming control and enforcement branch to a new independent gambling control office, which will focus exclusively on regulatory policy related to gambling, horse racing and responsible-gambling programs.

Until this change, the branch has set and enforced policy while also providing advice to the province on business matters involving the B.C. Lottery Corp.

Attorney General David Eby says the change addresses concerns raised by former RCMP officer Peter German in a report done for the provincial government.

ALSO READ: Large cash purchases, ‘lifestyle audits’ to fight money laundering gain support in B.C.

He warned that dual responsibility could create conflicts of interest and impede anti-money laundering measures.

Eby says he expects the change to be effective.

“The IGCO will have the mandate, authority and independence to ensure the overall integrity of gambling in B.C.,” he said in a statement on Wednesday.

“This change will make it far easier to keep dirty money out of our province.”

The Canadian Press

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

MISSING TEEN: Williams Lake RCMP ask public’s help in finding Angel Emile

Emile was last seen on Windmill Crescent in Williams Lake Jan. 16

B.C. Indigenous communities receive funding for hands-on trades training

Nuxalk, Witset, Penticton Indian Band, TRU Williams Lake, and Camosun College among beneficiaries

Nuxalk College undertakes language digitization project

New tapes from over 50 years ago are set to be digitally transcribed

B.C. premier talks forestry, service needs with handful of northern mayors in Prince George

Prince George meeting completes premier’s tour of Kitimat, Terrace, Fort St. James and Quesnel

Bella Coola under another winter storm warning

Freezing rain is expected by this afternoon

VIDEO: WHO says China virus not global health emergency

The decision came after Chinese authorities moved to lock down three cities on Thursday

Northern B.C. RCMP investigating alleged sexual assault in downtown Smithers

One person was transported by ambulance to hospital following RCMP investigation at Sedaz

RCMP investigating sexual allegation against Lower Mainland police officer

Delta officer suspended while the alleged off-duty incident involving a co-worker is investigated

VIDEO: Rare ‘ice circle’ spotted on Kamloops river

An ice circle or ice pan, has formed in the chilly waters just east of the Yellowhead Bridge

Investigators in wildfire-torn Australia head to site of B.C. airtanker crash

The B.C. government sends condolences to Port Alberni-owned Coulson Aviation

B.C. still struggling to control non-resident medical care fraud

Unpaid bills, out-of-province claimants a costly legacy of MSP

Father to B.C.’s first MLB hall-of-famer is one proud dad

Larry Walker Sr. talks baseball background and son’s base running gaffe

Councillor in Revelstoke withdraws proposed 67% pay hike amid backlash

There was significant backlash to the proposed $25,000 and $70,000 wages

Uber, Lyft approved for ride-hailing in Lower Mainland

Kater Technologies Inc.’s application was rejected

Most Read