FINTRAC issued record $247 million in fines in 2025-26, up 52% in notices
FINTRAC's annual report sets out a year of record disclosure volumes, supervisory activity and enforcement penalties. For compliance teams at Canadian reporting entities, the numbers signal a supervisor moving from guidance toward harder enforcement, with violation notices and MSB revocations both climbing sharply.
- FINTRAC issued 35 notices of violation worth over $247 million, up 52% from the previous year and the largest amount in its history.
- The Centre conducted 4,874 assessment and monitoring activities last year, a record number including targeted and full scope compliance examinations.
- FINTRAC generated 7,214 financial intelligence disclosure packages from 3,007 unique disclosures, covering 1,678,230 transactions and identifying 10,650 subjects of interest.
- The Centre revoked the registrations of 82 money services businesses, up from 12 the previous year.
- FINTRAC generated 122 financial intelligence disclosures supporting police investigations of extortion, identifying 336 subjects of interest.