The Financial Transactions and Reports Analysis Centre of Canada imposed a CAD 399,712.50 administrative monetary penalty on the New Brunswick Lotteries and Gaming Corporation for failing to submit required suspicious transaction reports. The casino-sector entity paid the penalty in full, and the case is closed. A compliance examination found that the corporation did not file reports when there were reasonable grounds to suspect transactions were related to a money laundering or terrorist activity financing offence. The failure breached Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated regulations.
2026-09-03Financial Transactions and Reports Analysis Centre of Canada
Financial Transactions and Reports Analysis Centre of Canada fines New Brunswick gaming corporation CAD 399,712.50 for suspicious transaction reporting failure
The Financial Transactions and Reports Analysis Centre of Canada fined the New Brunswick Lotteries and Gaming Corporation CAD 399,712.50 for failing to submit required suspicious transaction reports. The corporation paid the penalty in full, and the case is closed.