Operator Aml Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)· Canada · 2025-07-03

FINTRAC imposes an administrative monetary penalty on Canaccord Genuity Corp.

→ Canaccord Genuity Corp.

FINTRAC imposed an administrative monetary penalty of CAD 544,500 on Canaccord Genuity Corp. on May 14, 2025 for non-compliance with Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations, including failures to report suspicious transactions, maintain approved written compliance policies, assess and document ML/TF risk, and apply prescribed special measures for high risk. The penalty has been paid in full and proceedings have ended.

Amount (EUR)

€500,260

Original currency

CAD 544,500

Action date

2025-07-03

Authority

Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)

Country

Canada

Primary source:
https://fintrac-canafe.canada.ca/new-neuf/nr/2025-07-03-eng ↗

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