Operator Fine Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)· Canada · 2025-08-28

FINTRAC imposes an administrative monetary penalty on British Columbia Lottery Corporation

→ British Columbia Lottery Corporation

FINTRAC imposed an administrative monetary penalty of CAD 1,075,000 on British Columbia Lottery Corporation (BCLC) on July 17, 2025 following a compliance examination for non-compliance with Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations. FINTRAC found failures to report suspicious transactions, to develop and apply policies and procedures for high-risk clients, and to take special measures for high-risk clients.

Amount (EUR)

€989,500

Original currency

CAD 1,075,000

Action date

2025-08-28

Authority

Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)

Country

Canada

Primary source:
https://fintrac-canafe.canada.ca/new-neuf/nr/2025-08-28-eng ↗

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