FINTRAC fines SIGA CAD1.175m as casino operator plans appeal

FINTRAC fined the Saskatchewan Indian Gaming Authority (SIGA) CAD1.175 million over alleged administrative anti-money laundering violations, including failures involving suspicious transaction reports and written compliance procedures. SIGA disputes the findings and penalty and said it will appeal both to the Federal Court; it said the penalty concerns reporting requirements and denied financial crime at its properties.