Difference between revisions of "Freezing Assets of Corrupt Foreign Officials"

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Revision as of 11:57, 17 January 2018

Under the Freezing Assets of Corrupt Foreign Officials Act (FACFOA), Canada may acquiesce to a demand by a country in turmoil to freeze the assets or restrain the property of certain of its government officials or politicians. Unlike sanctions, which are generally punitive, FACFOA restrictions are a form of assistance that Canada provides to the requesting country.
  • CAFAC
  • FACFOA
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Language Label Description Also known as
English
Freezing Assets of Corrupt Foreign Officials
Under the Freezing Assets of Corrupt Foreign Officials Act (FACFOA), Canada may acquiesce to a demand by a country in turmoil to freeze the assets or restrain the property of certain of its government officials or politicians. Unlike sanctions, which are generally punitive, FACFOA restrictions are a form of assistance that Canada provides to the requesting country.
  • CAFAC
  • FACFOA

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