Insiders at financial institutions are increasingly helping criminal groups launder money using fraudulent real estate transactions, inaccurate appraisals and false documentation, the head of compliance for Canada’s money-laundering watchdog said at a Toronto conference Wednesday. (The Logic)

Talking point: Tina Matos, the chief compliance officer and deputy director of supervision at the Financial Transactions and Reports Analysis Centre of Canada, named the phenomenon as an emerging criminal trend on which the agency is keeping an eye. TD Bank insiders were implicated in the lender’s money-laundering scandal in the U.S. last year, with investigators reporting its tellers accepted bribes of gift cards from the head of a money-laundering operation who made frequent large cash deposits. Matos said organized criminals are “actively recruiting” bank insiders who have access to systems that can help them circumvent money-laundering controls.