Source Feed: The Globe and Mail
Author: Ian Bickis
Publication Date: December 21, 2025 - 08:39
Stay informed
Fines from Canada’s financial crime watchdog set to dramatically increase
December 21, 2025
The cost of doing business is set to go up, dramatically, for companies that don’t keep a close eye on anti-money laundering obligations.
A broad range of firms that handle large transactions, from jewellers to big banks, face potential penalties 40 times higher than existing rates. The changes are part of Bill C-12, which passed in the House of Commons on Dec. 11 and is waiting for a final stamp of approval from the Senate.
“That legislation, if enacted, will significantly transform the enforcement framework,” said Vladimir Shatiryan, a partner at Blakes who focuses on financial regulations.
Unpublished Newswire
Five week trial begins in lawsuit launched by photojournalist Amber Bracken, arrested by RCMP in 2021, and news outlet The Narwhal, claiming wrongful arrest, wrongful detention and violation of Charter rights.
January 12, 2026 - 21:47 | | CBC News - Canada
The death of Trevor Dubois has brought attention to the topic of violence in Sask. hospitals, with workers at St. Paul's writing a letter, outlining what they face daily.
January 12, 2026 - 21:46 | Ashley Beherns | Global News - Canada
A civil trial launched by The Narwhal and a photojournalist against the RCMP began with both sides fighting over whether her high-profile arrest at the 2021 Wet’suwet’en pipeline standoff was part of a concerted campaign to limit press freedom.Amber Bracken and the British Columbia-based news outlet are seeking a declaration that her detention at a remote protest camp against the Coastal GasLink pipeline in the northwestern part of the province violated her and her employer’s constitutional rights to freedom of the press.
January 12, 2026 - 21:42 | Mike Hager | The Globe and Mail
Comments
Be the first to comment