FINTRAC Updates
FINTRAC imposes an administrative monetary penalty on Sokhom Ung, operating as Bureau de change Saint-Michel News Release June 23, 2022, Ottawa Ontario FINTRAC announced today that it has imposed an administrative monetary penalty on Sokhom Ung, also operating as Bureau de Change Saint-Michel. This money services business in Montréal, Quebec, […]
FINTRAC imposes an administrative monetary penalty on Montecristo Jewellers Inc. News Release May 12, 2022, Ottawa Ontario FINTRAC announced today that it has imposed an administrative monetary penalty on Montecristo Jewellers Inc. This precious metals and precious stones dealer in Vancouver, British Columbia, was imposed an administrative monetary penalty of […]
FINTRAC imposes an administrative monetary penalty on 9293-0809 Québec Inc. News Release May 10, 2022, Ottawa Ontario FINTRAC announced today that it has imposed an administrative monetary penalty on 9293-0809 Québec Inc., also operating as Groupe Sam’s Globale. This real estate broker in Montréal, Quebec, was imposed an administrative monetary penalty of $101,227 on […]
FINTRAC imposes an administrative monetary penalty on Laurentian Bank of Canada From the Financial Transactions and Reports Analysis Centre News Release April 29, 2022, Ottawa ON FINTRAC announced today that it has imposed an administrative monetary penalty on Laurentian Bank of Canada, also operating as Banque Laurentienne du Canada. On February […]
Sorry… I don’t think this ever made it to the blog, so… I know it’s a few weeks late, but it’s good for context Russia-related sanctions and illicit finance FIU working group statement of intent We, the Financial Intelligence Units of Australia, Canada, France, Germany, Italy, Japan, the Netherlands, New […]
Update to the FINTRAC Assessment manual Good morning/afternoon, We have updated the FINTRAC Assessment manual to reflect the recent coming into forces of regulatory amendments, and related changes to our examination process. The update includes very little new content, it consists in minor language adjustments, additions to existing examination tests, and some […]
FINTRAC publishes a Special Bulletin on Russia-linked money laundering related to sanctions evasion FINTRAC published today a Special Bulletin on Russia-linked money laundering related to sanctions evasion to increase the awareness and understanding of Canadian businesses about the characteristics of financial transactions that may be connected to the laundering of the proceeds […]
FINTRAC imposes an administrative monetary penalty on Forest Hill Real Estate Inc. From the Financial Transactions and Reports Analysis Centre News Release March 22, 2022, Ottawa ON FINTRAC announced today that it has imposed an administrative monetary penalty on Forest Hill Real Estate Inc. This real estate broker in Toronto, Ontario, […]
FINTRAC imposes an administrative monetary penalty on Taiwanese Canadian Toronto Credit Union Limited From the Financial Transactions and Reports Analysis Centre News Release March 15, 2022, Ottawa ON FINTRAC announced today that it has imposed an administrative monetary penalty on Taiwanese Canadian Toronto Credit Union Limited. This credit union in Markham, […]
FINTRAC’s website has a new look The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is pleased to announce that its website fintrac-canafe.canada.ca now has a new look. The update aligns FINTRAC’s online presence with other Government of Canada departments and agencies, thus providing a consistent online experience for Government of […]
Mr. Watchlist 