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The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has imposed an administrative monetary penalty of $67,150 on Juba Express Inc., a Toronto-based money services business, following a compliance examination that identified multiple breaches of Canada’s anti-money laundering and counter-terrorist financing framework. The penalty, issued on August 29, 2025, relates to violations of Part 1 of the Proceeds of Crime, Money Laundering, and Terrorist Financin

Griffin Jewellery Designs Inc. has been hit with a CAD 771,000 penalty after FINTRAC uncovered extensive shortcomings in the company’s anti–money laundering controls. Operating across multiple Canadian provinces, the retailer was examined for its adherence to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, and the findings revealed deep-rooted structural failures rather than isolated mistakes. The case, now closed following full payment of the penalty, s