Canada imposes administrative penalty on mutual fund dealership for compliance failings

23 June 2025

Canada imposes administrative penalty on mutual fund dealership for compliance failingsSherif Ashraf 22/Shutterstock.com

The Financial Transactions and Report Analysis Centre of Canada (FINTRAC) has announced that it imposed an administrative penalty of $99,000 on Hub Capital Inc for failing to comply with Canadian anti-money laundering and terrorist...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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