Canada’s money laundering watchdog fines Sask. casino operator nearly $1.2M

FINTRAC levies $1M penalty on Saskatchewan Indian Gaming Authority

The Saskatchewan Indian Gaming Authority (SIGA) has been hit with an administrative monetary penalty of $1.175 million by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), following a compliance examination.

Canada’s money laundering watchdog fines Sask. casino operator nearly $1.2M

Canada’s money laundering watchdog has fined the Saskatchewan Indian Gaming Authority (SIGA) nearly $1.2 million for non-compliance with anti-money laundering regulations.

FINTRAC imposes $1.175 million penalty on SIGA for admin violations

The Saskatchewan Indian Gaming Authority (SIGA) denies the allegations and plans to appeal to the federal cour...

SIGA fined $1.175 million for compliance violations

REGINA -  Saskatchewan Indian Gaming Authority faces a steep fine imposed by the Financial Transactions and Reports Analysis Centre of Canada for a number of administrative violations. FINTRAC announced on Friday it has imposed an administrative monetary penalty on SIGA of $1,175,000 for non-compliance with Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated regulations. The penalty was imposed on Aug. 2…