The Globe and Mail reports in its Wednesday edition that Canada's anti-financial-crime regime received a passing grade, but the country needs to step up its investigation and prosecution of complex money-laundering cases. The Globe's Alexandra Posadzki writes that according to the global Financial Action Task Force, the country showed improvement from the last evaluation of Canada's financial-crime controls in 2016. The assessment on Canada's ability to tackle financial crime took place over 14 months, culminating with a three-week on-site visit last November. The assessors, a team made up of individuals from other jurisdictions including Britain, Italy, Australia and China, interviewed more than 700 representatives from the federal and provincial governments, the private sector and non-profit organizations. However, the report from the FATF says Canada needs to secure more money-laundering convictions and take a more risk-based approach to supervision, including by beefing up oversight of non-financial sectors such as real estate and precious metals. TD Bank became the first lender in U.S. history to plead guilty to conspiracy to commit money laundering following a decade of moving money for criminal organizations.