FINTRAC Maximum Fines Surging Soon

Canada will sharply increase anti-money laundering penalties under new national security legislation, raising maximum FINTRAC fines by up to 40 times. The government will raise penalties for “very serious” AML violations to $20 million from $500,000, while it will...

CSA Releases CPIF Oversight Review Report

The Canadian Securities Administrators (CSA) published the Oversight Review Report of the Canadian Investor Protection Fund (CIPF). The report evaluates the effectiveness, efficiency, and fairness of its regulatory processes, focusing on corporate governance and...
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