【Canada】Canada Cracks Down on Money Laundering, Future Fines Could Be 40 Times Higher
Editor’s NoteThis article discusses Canada’s legislative response to international criticism over money laundering. The newly passed Bill C-12 aims…
Fintrac
【Vancouver, C】Vancouver-based Diamond Jeweller Fined $264K for ‘Very Serious’ Violations
Editor’s NoteThis article details a significant compliance penalty levied against a major Canadian jeweller, highlighting the serious financial…
【Vancouver, C】Jeweller Failed to Report Suspicious Transactions, Will Pay $264K Penalty, FINTRAC Says
Editor’s NoteThis report highlights the significant financial and legal consequences for businesses that fail to comply with anti-money laundering…
【Coquitlam, B】Hells Angels-linked B.C. Jeweller Loses Appeal Against $66K Money Laundering Penalties
Editor’s NoteThis article details a recent court decision upholding significant fines against a British Columbia jeweller for violations of Canada’s…