British Columbia (B.C) has established an independent Gambling Control Office to oversee casinos and tackle money laundering, seven years after a landmark report urged sweeping reforms to address ...

The recent Fall Economic Statement announced the intention of the current Canadian federal government to materially increase the financial (and other) penalties faced by designated individuals and ...

On March 7, 2025, Canada’s Department of Finance announced finalized regulatory amendments under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) that accelerate the in ...

TORONTO, Dec 5 (Reuters) - Canada's anti-money laundering agency on Tuesday said it had imposed a C$7.5 million ($5.52 million) fine on Royal Bank of Canada RY.TO for failure to submit suspicious ...

On Thursday, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) announced that it levied an ...

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TORONTO, Nov. 8, 2023 /PRNewswire/ -- ACAMS, a leading membership organization dedicated to supporting anti-financial crime (AFC) professionals around the world, will host The Assembly Canada, an ...

Royal Bank of Canada (NYSE:RY) was hit with a C$7.48M (US$5.5M) fine for breaching Canada's money-laundering and terrorist-financing regulations, according to a Tuesday statement from the Financial ...

OTTAWA, Feb 13 (Reuters) - Canada's top court has struck down provisions of the country's anti-money laundering and terrorist financing law that target lawyers. In a unanimous decision on Friday, the ...

On July 31, the Trump administration announced that it would raise tariffs on Canadian imports to 35 percent, citing Canada’s failure to meaningfully address the growing use of its territory by ...

(Reuters) - Canada's top court has struck down provisions of the country's anti-money laundering and terrorist financing law that target lawyers, on the grounds that it could breach a lawyer's duty to ...