The Canadian government is advancing its efforts to enhance its anti-money laundering framework, as indicated by the recent Fall Economic Statement. Key measures include a proposed scorecard by the anti-money laundering agency to improve monitoring practices. Additionally, the federal government plans to increase penalties for money laundering offenses by 40 times. In India, the government is set to introduce legislation aimed at banning unregulated digital lending. This new bill seeks to protect borrowers from exploitative practices, with penalties for violations potentially reaching ₹1 crore and a maximum prison term of 10 years. Industry experts, including Raman Aggarwal from the Finance Industry Development Council, have discussed the implications of these measures.