Digital Bank, WealthONE, Fined by FINTRAC

Investment Executive | James Langton | March 6, 2023 WealthONE paid $676,500 penalty amid compliance lapses Toronto-based digital bank WealthOne Bank of Canada has been sanctioned for compliance violations by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). The federal agency announced that it imposed a $676,500 monetary penalty on the bank after

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