Deshi Foreign Exchange Inc.

Why it is here

Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) — administrative monetary penalty (penalty $33,000; 1 violation of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act; the case is closed), from 25 May 2023.

Administrative monetary penalty imposed by FINTRAC, Canada's financial intelligence unit, for violations of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act — the anti-money-laundering duties of banks, casinos, real estate, money services and other reporting businesses.

Details

Company

Deshi Foreign Exchange Inc.

Authority

Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)

Decision

Administrative monetary penalty

Grounds and details, as published

penalty $33,000; 1 violation of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act; the case is closed

From

25 May 2023

Until

—

Status

End date not published

Source

https://fintrac-canafe.canada.ca/pen/4-eng

Licence

Public notice — FINTRAC (Government of Canada)