AML

FINTRAC sanctions three firms

FINTRAC sanctions three firms

Bank, real estate broker, precious gem dealer fined

By James Langton |May 5, 2026

2 min read

FINTRAC sanctions real estate broker

FINTRAC sanctions real estate broker

Agency found firm failed to report suspicious transaction

By James Langton |February 10, 2026

1 min read

Dramatic increase in Fintrac fines coming, but their effectiveness is less clear

Dramatic increase in Fintrac fines coming, but their effectiveness is less clear

The increase is part of an effort to beef up anti-money laundering measures

By Ian Bickis, The Canadian Press |December 22, 2025

4 min read

FINTRAC sanctions currency exchange

FINTRAC sanctions currency exchange

Firm fined for series of violations uncovered in compliance exam

By James Langton |December 2, 2025

1 min read

B.C.-incorporated crypto firm appeals record $176M FINTRAC penalty

B.C.-incorporated crypto firm appeals record $176M FINTRAC penalty

Xeltox Enterprises says the penalties were based on "errors of law"

By Tara Deschamps, The Canadian Press |November 19, 2025

1 min read

Crypto exchange Cryptomus fined record $177M by FINTRAC

Crypto exchange Cryptomus fined record $177M by FINTRAC

Firm failed to flag suspicious transactions, activity associated with Iran

By Tara Deschamps, The Canadian Press |October 22, 2025

2 min read

FINTRAC imposes $600K penalty on First Nations Bank of Canada

FINTRAC imposes $600K penalty on First Nations Bank of Canada

Compliance exam turns up five AML violations

By James Langton |October 16, 2025

2 min read

Fall economic statement released after Freeland resignation delay

Fall economic statement released after Freeland resignation delay

News on the Canada Disability Benefit, automatic tax filing, AML and open banking

By Jonathan Got |December 16, 2024

5 min read