Canada’s financial intelligence unit has issued the largest administrative monetary penalties in its history. In total, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) issued 12 Notices of Violation in the amount of more than $26m. This came with disclosure of the largest number of cases of non-compliance
FINTRAC
Free Trial
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day
