The Toronto-Dominion Bank

Why it is here

Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) — administrative monetary penalty (penalty $9,185,000; 5 violations of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act; this penalty was imposed for administrative violations committed by The Toronto-Dominion Bank under the Proceeds of Crime (Money Laund), from 9 April 2024.

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

The Toronto-Dominion Bank

Authority

Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)

Decision

Administrative monetary penalty

Grounds and details, as published

penalty $9,185,000; 5 violations of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act; this penalty was imposed for administrative violations committed by The Toronto-Dominion Bank under the Proceeds of Crime (Money Laund

From

9 April 2024

Until

—

Status

End date not published

Source

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

Licence

Public notice — FINTRAC (Government of Canada)