Canada’s FINTRAC penalty on Peken Global for sanctions and AML breaches

26 September 2025

Canada’s FINTRAC penalty on Peken Global for sanctions and AML breachesSherif Ashraf 22/Shutterstock.com

Canada’s financial intelligence unit, the Financial Transactions and Reports Analysis Centre (FINTRAC), has imposed a penalty of CAD 19,552,000 on Peken Global Ltd., a company based in the Seychelles for three breaches of Canada’s...

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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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