Briefly

FINTRAC Imposes $60,000 Penalty on First Nations Bank of Canada for AML Violations

Briefly
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)action_required
action_requiredCanada·Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)·Wire Summary

First Nations Bank of Canada, an investment dealer headquartered in Vancouver, British Columbia, was imposed an administrative monetary penalty of $601,139.80 for committing 5 violations. The administrative monetary penalty has been paid in full and the case is closed.

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FINTRAC Imposes $60,000 Penalty on First Nations Bank of Canada for AML Violations | Briefly | Briefly