FINTRAC Imposes Administrative Monetary Penalty on Canadian Imperial Bank of Commerce
action_requiredCanada·Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)·Wire Summary
Canadian Imperial Bank of Commerce (CIBC), also operating as Banque Canadienne Impériale de Commerce, a bank in Toronto, Ontario, was imposed an administrative monetary penalty of $1,329,150 on October 23, 2023, for committing 2 violations.
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