FINTRAC imposes an administrative monetary penalty on Canada Changjiang Management Ltd for failure to submit STRs

Canada Changjiang Management Ltd. was found to have committed the following administrative violations: Failure to submit suspicious transaction reports where there were reasonable grounds to suspect that transactions were related to a money laundering or terrorist activity financing offence; Failure to submit large cash transactions reports of $10,000 or more in the course of a single transaction, together with prescribed information…