Cryptocurrency exchange Cryptomus fined record $177M by FINTRAC
Firm failed to flag suspicious transactions, activity associated with Iran
- By: Tara Deschamps, The Canadian Press
- October 22, 2025 October 22, 2025
- 09:19
Firm failed to flag suspicious transactions, activity associated with Iran
Economist warns Canada ought not to take its strong global credit rating for granted
Guidance addresses open-ended loan origination funds
U.K. government streamlining oversight of professional firms
Quebec hit hardest, Ontario holding up, B.C. faring worse
The AG's office placed calls to CRA contact centres over four months this year, asking general questions
Legislation to create Financial Crimes Agency coming next spring: Champagne
Inflation jumped to 2.4%, but the labour market remains soft
Private markets demand remains high for next 12 months
U.S. private equity firm to invest nearly $400M, putting “cash in everyone’s jeans”
Changes tackle the burden of phone calls and service backlogs
Strong capital markets drive banks' results, asset quality stable
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales