ESC Corporate Services hosted a webinar on June 25, 2025, featuring guest speakers from Cassels, to explore the evolving requirements under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the “Act”). The session highlighted the upcoming regulatory changes taking effect October 1, 2025, including new obligations for reporting entities related to the collection and disclosure of beneficial ownership information.
To access the webinar recording, please fill out the form below.
Topics Covered:
- Historical overview of the Act and money laundering in Canada
- Evolving approach to beneficial ownership & current framework in Canada
- Upcoming changes to beneficial ownership reporting obligation
- What all reporting entities will need to do
- How ESC & Cassels can support you in meeting these obligations
Speakers:
Jeffrey Fallowfield
President
ESC Corporate Services
Jeffrey Fallowfield is a senior executive leader who has spent over 25 years in the asset finance market managing organizations through various stages including start-up, ongoing business strategy and operations and, in some cases, divestiture. Jeff has deep operational experience combined with a financial background that enables him to have a strong understanding of what it takes to help any company succeed. His expertise helps customers navigate regulatory requirements by leveraging the right solutions to ensure compliance and operational efficiency.
Mike Tallim
Partner
Cassels
Mike Tallim is a partner in the Banking & Specialty Finance Group at Cassels Brock & Blackwell LLP. In his practice, Mike assists lenders and borrowers with domestic and cross-border commercial, mid-market, and syndicated lending transactions, including real estate, project financing, and energy sector financings. Mike regularly provides advice to clients in respect to financial services regulation in Canada, including anti-money laundering and anti-terrorist financing. For his work, Mike is recognized as a leader in his field by Best Lawyers: Ones to Watch and Lexpert.
Anna Glover
Associate
Cassels
Anna Glover is an associate in the Banking & Specialty Finance Group at Cassels Brock & Blackwell LLP. In her practice, Anna acts for both borrowers and lenders in bilateral and syndicated lending transactions, asset-based lending facilities, and acquisition financing. She also regularly advises clients on regulatory compliance with both federal and provincial law in the financial services sector, including anti-money laundering legislation.
Access Webinar Recording
Please access the webinar recording through the below form:
