Anti-Fraud & Financial Crime
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Canada, Compliance, Financial Crime

NEWS: Canada’s FINTRAC harshly criticised over long delays in sharing financial intelligence

Premium October 29, 2026

Picture: FINTRAC

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By PAUL O’DONOGHUE, Senior Correspondent

FINTRAC, Canada’s financial intelligence unit (FIU) has been strongly criticised by the country’s federal spending watchdog over delays in sharing intelligence.

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) took “an average of about 4 months to provide financial intelligence when law enforcement flagged a concern”, according to the Office of the Auditor General of Canada.

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Premium

EUROPEAN NOTEBOOK: Farewell M. Lagarde, you did the State some service; in reality EU desperately needs more Kövesis 

 Premium

NEWS: Fraudsters ‘swatted’ Canadian woman after she rejected scam attempt

 Premium

NEWS: 81% of suspected digital fraud targets existing customers — report

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