Canada’s anti-money laundering agency imposes C$7.5 million penalty on RBC

[ad_1] A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing Rights TORONTO, Dec 5 (Reuters) – Canada’s anti-money laundering…

Royal Bank of Canada Fined C$7.5 Million Over Money-Laundering Lapses

[ad_1] OTTAWA—Canada’s financial-intelligence agency said Tuesday it has fined Royal Bank of Canada, the country’s largest lender by market capitalization, for failing to comply with the country’s rules aimed at…