Global News | TD Bank hit with $9.2M fine over failing to report suspicious transactions
In the below article from the Global News, Canada’s financial intelligence agency says it has levied a $9.2-million penalty against The Toronto-Dominion Bank for non-compliance with money laundering and terrorist financing measures as the bank also faces compliance investigations in the U.S.
The penalty by the Financial Transactions and Reports Analysis Centre of Canada follows on a $7.5-million fine against RBC and a $1.3-million fine against CIBC announced in December......
