OTTAWA — The federal financial intelligence unit responsible for monitoring money laundering and terrorist financing has levied a $1.1 million fine against the Saskatchewan Indian Gaming Authority.

The Financial Transactions and Reports Analysis Centre of Canada says it imposed a monetary penalty on the group after finding it committed three violations.

Those violations include failing to submit suspicious transaction reports where there were reasonable grounds to suspect a link to money laundering or terrorist financing, and a failure to develop and apply written compliance policies and procedures.

It says those violations were uncovered during a compliance examination.

The Saskatchewan Indian Gaming Authority says the penalty is based on administrative reporting requirements and no m

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