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Canada: Bill C-69 amending bill for Digital Charter Implementation Act receives Royal Assent

On June 20, 2024, Bill C-69 for an Act to implement certain provisions of the budget received Royal Assent to become law. The Act, among other things, proposes amendments to Bill C-27 for the Digital Charter Implementation Act 2022.

The Act would allow reporting entities, such as financial organizations, to disclose personal information to another organization without an individual's knowledge or consent if the disclosure is reasonable for the purpose of detecting or deterring money laundering, terrorist activity financing, or sanctions evasion if making the disclosure with knowledge or consent would compromise the ability to detect those crimes, and if the disclosure is made in accordance with the regulations.

You can read the Act here and view its legislative history here.