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
Oil prices climbed more than 2.5% as Strait of Hormuz remains blocked
However, success hinges on the details and speed of implementation
Blockbuster week ahead for Wall Street as Alphabet, Amazon, Microsoft, Apple and others set to report
Tolling of limitation period applies to all potential class members, court finds
Investors in private equity funds misled, money misused, SEC charges
Effort to encourage independent IPO research hasn't worked, added costs
Ahead of spring economic statement, small business group calls for measures to counter shrinking entrepreneurship
Plus, other software updates and a partnership
It also wants to increase labour productivity by 3.3%
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
New leadership position brings better accountability for back-office workflows
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