--- title: "Canada — Alberta (CA-AB) — Financial-Integrity Intelligence · Sentinel" canonical: https://sentinel.gi/jurisdictions/canada-alberta/ source_html: /jurisdictions/canada-alberta/index.html description: "Financial integrity intelligence for Canada – Alberta (CA-AB): sanctions, beneficial ownership, enabler jurisdictions, conflict finance, digital assets and compliance technology — with sourced findings." generated_at: 2026-11-08T04:46:02Z content_sha256: f17c88f68579e0e89bdd44628a4e12d4aa5875c11f0ff8bc9b8e2a9d36e9a4aa generator: "fe-fleet/md-twin@1.0" --- # Canada — Alberta (CA-AB) — Financial-Integrity Intelligence · Sentinel Not every instrument is backed by its official text yet. At least one law or rulebook covered here has no official source (tier 1) retrieved for it yet. No finding on this page is shown with confidence above “Probable” until stronger sources are retrieved. Financial Integrity Monitor # Canada — Alberta CA-AB Domains covered 8 of 8 Sources 161 Role actions 8 Horizon <90d 0 Jurisdiction profile FATF status: Clean Tier: A Risk direction: Increasing Enablement vs enforcement: Mixed Alberta's AML/CFT framework is entirely federal: FINTRAC (under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act) supervises reporting entities operating in the province; no stand-alone provincial AML statute exists. More Sector-specific oversight runs through the Alberta Securities Commission (securities/crypto) and Alberta Gaming, Liquor & Cannabis (casinos, uniquely restricted to religious/charitable licensees). Alberta's oil-and-gas, real-estate and border-adjacent MSB/crypto-ATM sectors create elevated TBML, crypto-laundering and drug-proceeds exposure, compounded by the province's non-participation in federal beneficial-ownership data-sharing. Key deficiencies - No Alberta commitment to feed provincial beneficial-ownership data into the federal registry, unlike British Columbia - Federal constitutional carve-out exempting legal counsel/notaries from AML obligations leaves a nationwide gatekeeper gap affecting the Alberta bar - Historically low FINTRAC disclosure rate of financial intelligence to provincial/local law enforcement - Nationwide network of ~4,000 crypto ATMs, used for cash-placement laundering, largely unaddressed until 2026 reform proposals - Alberta's unique religious/charitable-only casino licensing model creates a distinct, under-scrutinized ownership-screening channel Recent developments (18m) - FATF adopted Canada's 5th-round mutual evaluation report at the June 2026 Plenary; publication expected September 2026 - FINTRAC imposed a record CAD 177 million penalty on Russia-linked crypto payment processor Cryptomus (October 2025) - Canada announced a new Financial Crimes Agency to combat online scams and modernize AML/CFT enforcement (October 2025) - FINTRAC revoked registrations of roughly three dozen non-compliant crypto MSBs nationwide (early 2026) - Federal government proposed a total ban on crypto ATMs in its Spring 2026 Economic Update, citing placement-stage laundering risk Canada federal law that applies in Canada – Alberta is covered once, on the [Canada](/jurisdictions/ca/) page. This page covers Canada – Alberta’s own layer: its own law, regulators and enforcement. Brief ## Lead signal #### Lead Signal Alberta's Minister of Service Alberta and Red Tape Reduction, Dale Nally, has signalled that the province may extend its iGaming enforcement posture into payments infrastructure, contemplating cease-and-desist letters and pressure on the payment processors that move funds for unlicensed gambling operators. Nally described the approach as modelled on tactics already used by several United States states, a framing that is itself analytically significant: it signals a deliberate import of an enforcement architecture from a jurisdiction where processor-level pressure has substituted for, or supplemented, direct licensing enforcement. For Alberta this is a proposal rather than an instrument. No specific statutory accessory-liability basis for targeting payment processors has been confirmed in sources reviewed, and no primary regulatory notice operationalizing the lever has been located. The structural significance lies less in what has been done than in what has been contemplated: a sub-national regulator naming payment rails, rather than operators alone, as a point of leverage against unlicensed activity. Read full brief #### Lead Signal Alberta's Minister of Service Alberta and Red Tape Reduction, Dale Nally, has signalled that the province may extend its iGaming enforcement posture into payments infrastructure, contemplating cease-and-desist letters and pressure on the payment processors that move funds for unlicensed gambling operators. Nally described the approach as modelled on tactics already used by several United States states, a framing that is itself analytically significant: it signals a deliberate import of an enforcement architecture from a jurisdiction where processor-level pressure has substituted for, or supplemented, direct licensing enforcement. For Alberta this is a proposal rather than an instrument. No specific statutory accessory-liability basis for targeting payment processors has been confirmed in sources reviewed, and no primary regulatory notice operationalizing the lever has been located. The structural significance lies less in what has been done than in what has been contemplated: a sub-national regulator naming payment rails, rather than operators alone, as a point of leverage against unlicensed activity. #### Other Developments Standing beneficial-ownership opacity. Alberta continues to sit outside the pattern emerging across other Canadian jurisdictions on corporate transparency. Where the federal register under the Canada Business Corporations Act, Quebec's public register, and British Columbia's forthcoming register each impose some form of beneficial-ownership disclosure, Alberta's corporate filing regime requires only the top five voting shareholders to be disclosed with the annual return, with no dedicated beneficial-ownership transparency requirement. This is reported on a single lower-tier source rather than a Government of Alberta primary confirmation, and the province is understood to have consulted on a transparency register in 2025 without confirmed legislative follow-through. The gap sits specifically at the intersection of corporate-structure opacity and the enforcement question above: an unlicensed gambling operation routing funds through an Alberta-incorporated vehicle would face no provincial beneficial-ownership disclosure obligation, a structural condition that predates and is independent of the current enforcement conversation but is relevant context for reading it. Standing dual AML/KYC regime unaffected. Alberta's registered casino and iGaming operators continue to operate under a dual compliance structure: Financial Transactions and Reports Analysis Centre of Canada reporting thresholds under the federal proceeds-of-crime and terrorist-financing framework, layered with the Alberta Gaming, Liquor and Cannabis Commission's own internal-control standards. Nothing in this cycle's evidence changes that structure; it is the backdrop against which the contemplated payment-processor lever would operate, since registered operators already sit inside a reporting-entity framework that unlicensed operators, by definition, do not. #### Cross-Monitor Connections The enforcement-lever signal connects directly to parallel gambling-regulatory tracking of Alberta's 13 October 2026 registration transition deadline, under which operators that failed to register with the AGLC and conclude a commercial agreement with the Alberta iGaming Corporation are required to cease accepting Alberta wagers. The payment-processor proposal is the financial-integrity-relevant extension of that same enforcement episode: it would, if operationalized, convert a licensing-compliance question into a payment-infrastructure-access question, with implications for any payment company or acquirer servicing gambling-adjacent merchants with Alberta exposure. The beneficial-ownership gap, while not evidenced as connected to any specific illicit-finance typology this cycle, is the kind of structural condition that compounds enforcement difficulty in exactly the scenario the minister is responding to: an unlicensed operator structured through an opaque Alberta corporate vehicle would be harder to identify and harder to act against than one operating in the open. #### Outlook The immediate question is whether Alberta operationalizes the payment-processor lever into an actual instrument, whether through ministerial directive, AGLC administrative action, or legislative amendment, and what accessory-liability basis it would rely on. Until a primary regulatory notice or legislative text appears, this remains a watch item rather than a confirmed development. On beneficial ownership, the absence of a primary Government of Alberta statement on the status of the 2025 consultation leaves open whether provincial transparency legislation will follow the trajectory already set federally and in Quebec and British Columbia, or whether Alberta will remain the outlier among major Canadian jurisdictions on this point. Earlier periodic briefs (5) 25 Oct 2026 · fim-2026-10-25 #### Lead Signal Alberta's Minister of Service Alberta and Red Tape Reduction, Dale Nally, has signalled that the province may extend its iGaming enforcement posture into payments infrastructure, contemplating cease-and-desist letters and pressure on the payment processors that move funds for unlicensed gambling operators. Nally described the approach as modelled on tactics already used by several United States states, a framing that is itself analytically significant: it signals a deliberate import of an enforcement architecture from a jurisdiction where processor-level pressure has substituted for, or supplemented, direct licensing enforcement. For Alberta this is a proposal rather than an instrument. No specific statutory accessory-liability basis for targeting payment processors has been confirmed in sources reviewed, and no primary regulatory notice operationalizing the lever has been located. The structural significance lies less in what has been done than in what has been contemplated: a sub-national regulator naming payment rails, rather than operators alone, as a point of leverage against unlicensed activity. #### Other Developments Standing beneficial-ownership opacity. Alberta continues to sit outside the pattern emerging across other Canadian jurisdictions on corporate transparency. Where the federal register under the Canada Business Corporations Act, Quebec's public register, and British Columbia's forthcoming register each impose some form of beneficial-ownership disclosure, Alberta's corporate filing regime requires only the top five voting shareholders to be disclosed with the annual return, with no dedicated beneficial-ownership transparency requirement. This is reported on a single lower-tier source rather than a Government of Alberta primary confirmation, and the province is understood to have consulted on a transparency register in 2025 without confirmed legislative follow-through. The gap sits specifically at the intersection of corporate-structure opacity and the enforcement question above: an unlicensed gambling operation routing funds through an Alberta-incorporated vehicle would face no provincial beneficial-ownership disclosure obligation, a structural condition that predates and is independent of the current enforcement conversation but is relevant context for reading it. Standing dual AML/KYC regime unaffected. Alberta's registered casino and iGaming operators continue to operate under a dual compliance structure: Financial Transactions and Reports Analysis Centre of Canada reporting thresholds under the federal proceeds-of-crime and terrorist-financing framework, layered with the Alberta Gaming, Liquor and Cannabis Commission's own internal-control standards. Nothing in the evidence changes that structure; it is the backdrop against which the contemplated payment-processor lever would operate, since registered operators already sit inside a reporting-entity framework that unlicensed operators, by definition, do not. #### Cross-Monitor Connections The enforcement-lever signal connects directly to parallel gambling-regulatory tracking of Alberta's 13 October 2026 registration transition deadline, under which operators that failed to register with the AGLC and conclude a commercial agreement with the Alberta iGaming Corporation are required to cease accepting Alberta wagers. The payment-processor proposal is the financial-integrity-relevant extension of that same enforcement episode: it would, if operationalized, convert a licensing-compliance question into a payment-infrastructure-access question, with implications for any payment company or acquirer servicing gambling-adjacent merchants with Alberta exposure. The beneficial-ownership gap, while not evidenced as connected to any specific illicit-finance typology, is the kind of structural condition that compounds enforcement difficulty in exactly the scenario the minister is responding to: an unlicensed operator structured through an opaque Alberta corporate vehicle would be harder to identify and harder to act against than one operating in the open. #### Outlook The immediate question is whether Alberta operationalizes the payment-processor lever into an actual instrument, whether through ministerial directive, AGLC administrative action, or legislative amendment, and what accessory-liability basis it would rely on. Until a primary regulatory notice or legislative text appears, this remains a watch item rather than a confirmed development. On beneficial ownership, the absence of a primary Government of Alberta statement on the status of the 2025 consultation leaves open whether provincial transparency legislation will follow the trajectory already set federally and in Quebec and British Columbia, or whether Alberta will remain the outlier among major Canadian jurisdictions on this point. 18 Oct 2026 · fim-2026-10-18 #### Lead Signal Alberta's financial-integrity picture this cycle is defined less by a legislative shift than by a layering question building beneath a provincially approved stablecoin. CADD, the Canadian-dollar-backed payment stablecoin issued by Tetra Trust Company via agent CAD Digital Inc., continues operating under an Alberta Treasury Board and Finance approval obtained ahead of any federal framework. The federal Stablecoin Act, enacted via Bill C-15 with Royal Assent on March 26, 2026, remains uncommenced: its Bank of Canada supervisory and registration provisions for fiat-backed stablecoin issuers are pending implementing regulations, targeted for 2027. The structural question this creates is how a stablecoin already operating under provincial approval reconciles with a federal registration and supervision layer once that layer actually takes effect, and what happens to Alberta's provincial approval in the interim and after. #### Other Developments Routine provincial securities enforcement continued in parallel. The Alberta Securities Commission settled with Alnoor Fatehali Nathoo on October 15, 2026, over market manipulation and insider-reporting violations connected to Softlab9 shares; secondary reporting describes an eight-year market ban and a C$105,000 payment, though these quantum figures were not confirmed against the ASC's own published settlement text this cycle. Federal-provincial cooperation was also publicly credited. The ASC separately acknowledged FINTRAC's financial-intelligence contribution to an ongoing, unrelated Alberta market-manipulation investigation, illustrating the working relationship between the provincial securities regulator and the federal financial intelligence unit, though the underlying cooperation statement rests on a single aggregator source rather than a confirmed primary text. The structural AML backdrop remains unchanged. Alberta has no bespoke provincial AML statute or financial intelligence unit of its own; FINTRAC's federal Proceeds of Crime (Money Laundering) and Terrorist Financing Act regime applies directly to reporting entities operating in the province, overlaid by ASC securities-registrant obligations that extend to crypto trading platforms registered in Alberta. #### Cross-Monitor Connections The CADD stablecoin and the pending federal Stablecoin Act sit squarely at the intersection of this monitor's crypto/digital-asset lens and the World Payments Monitor's stablecoin-and-digital-money tracking, where the same underlying facts are read for payment-system and settlement implications rather than financial-integrity exposure. The crypto consumer's own licensing and stablecoin-regime tracks cover the Alberta Treasury Board approval and the CatalX enforcement precedent in more institutional and licensing-specific detail; this brief treats both only as they bear on the AML/CFT architecture overlaying Alberta's crypto and stablecoin activity. #### Outlook The most consequential date ahead is the Bank of Canada's targeted 2027 commencement of the federal Stablecoin Act's operative provisions, at which point CADD's existing provincial approval will need to be reconciled with a new federal registration and supervision regime. Until implementing regulations are published in the Canada Gazette, the interaction between provincial approval and federal registration remains unresolved. On the enforcement side, nothing in the Nathoo settlement or the FINTRAC-credited investigation signals a change in Alberta's risk direction; both reflect continued, routine application of the existing federal-provincial division of AML/CFT and securities-enforcement labour rather than a structural shift. 11 Oct 2026 · fim-2026-10-11 #### Lead Signal Canada's federal anti-money-laundering penalty regime underwent a structural step-change this cycle, directly exposing Alberta's registered iGaming operators and casinos as reporting entities under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. Bill C-12 raised FINTRAC's maximum per-violation administrative monetary penalty from $100,000 (individuals) and $500,000 (entities) to $4,000,000 and $20,000,000 respectively, introduced a cumulative cap of the greater of $20 million or 3 percent of gross global revenue, and made compliance agreements mandatory, effective for violations occurring after 26 March 2026. This is an architecture change rather than an incident: it recalibrates the deterrence economics for every PCMLTFA reporting entity touching Alberta, including the registered iGaming operators now moving through the province's grey-market transition. #### Other Developments A pre-reform enforcement action illustrates the stakes. Northern Isga Foundation, the host entity for the Eagle River Casino and Travel Plaza in Glenevis, Alberta, was reportedly penalized $91,162.50 under a FINTRAC notice dated 26 March 2026, for deficiencies in written AML policies and procedures, risk assessment, training and programme review. The penalty predates the Bill C-12 ceiling increase and was assessed under the prior, substantially lower cap, underscoring how much higher comparable future penalties could run under the new regime. Crypto-asset platform characterisation continues on its established track. The Alberta Securities Commission confirmed it continues to apply the pan-Canadian, CSA-coordinated dealer and marketplace characterisation to crypto-asset trading platforms, with no bespoke Alberta crypto statute; this is a stability finding rather than a change, but it matters because it confirms the absence of a provincial carve-out that might otherwise create regulatory arbitrage. Commercial signals point to growing institutional and industrial crypto exposure in Alberta. AIMCo, the province's public investment manager, disclosed a $219 million purchase of 1.38 million Strategy Inc. (MSTR) shares in a filing dated 29 April 2026, marking its first reported Bitcoin-adjacent exposure; and Avax One, a cryptominer pivoting toward AI/HPC infrastructure, signed a non-binding letter of intent on 6 July 2026 to acquire the Bantry Data data-centre site in Alberta for $2.3 million. Both signals rest on third-party reporting without primary-filing corroboration this cycle, and are flagged accordingly. #### Cross-Monitor Connections The Bill C-12 AMP ceiling increase intersects directly with gambling-sector compliance tracked by the gambling-regulatory monitor: Alberta's iGaming operators, now navigating the AGLC/AiGC registration transition, face materially higher downside exposure for AML programme deficiencies than existed before 26 March 2026, which should sharpen the compliance incentives already created by the province's grey-market enforcement push. The crypto-asset characterisation confirmed by the Alberta Securities Commission, and the stablecoin and digital-asset custody developments reaching Alberta via federal and self-regulatory-organization channels, connect to the crypto-regulatory monitor's own tracking of the same instruments. AIMCo's Bitcoin-adjacent investment and Avax One's mining-infrastructure acquisition are commercial-activity signals relevant to both the crypto monitor's commercial-activity module and the payments monitor's broader digital-money tracking, though neither event rests on primary-filing evidence as yet. #### Outlook Watch for whether FINTRAC issues its first post-Bill-C-12 penalty notice, which would establish the practical scale of the new ceiling against a real violation rather than the statutory maximum alone. Watch also for whether AIMCo's or Avax One's disclosed transactions surface in a primary regulatory filing, which would allow these currently Probable-sourced commercial signals to be corroborated. The absence of any CA-AB-specific sanctions, beneficial-ownership, enabler-jurisdiction or conflict-finance development this cycle is itself consistent with Alberta's position as a sub-national jurisdiction operating within Canada's federal AML architecture rather than an independent node in those typologies. 28 Sep 2026 · fim-2026-09-28 #### Lead Signal Alberta's launch of a private online gambling market on 13 July 2026 under the iGaming Alberta Act has created a new obliged-entity population subject to dual federal and provincial AML oversight, arriving in the same window as an active federal enforcement action against a land-based, charity-hosted casino operator in the same province. FINTRAC imposed a $91,162.50 administrative monetary penalty on the Northern Isga Foundation, host charity for Eagle River Casino and Travel Plaza in Glenevis, Alberta, on 2 March 2026, for four violations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. The Foundation has appealed the penalty to the Federal Court, so it remains a contested rather than settled enforcement outcome. The structural significance is that Alberta now carries both an established enforcement record against an existing gambling operator and a newly launched population of private iGaming operators entering supervision for the first time, a juxtaposition worth tracking as the newer population's compliance maturity develops. #### Other Developments Virtual-currency identity-verification failure cited in the FINTRAC penalty. Among the four violations cited against Northern Isga Foundation was a failure to verify identity for large virtual-currency transactions at the casino. This is a direct crypto/AML nexus finding at a Canadian gambling venue, indicating that virtual-currency handling at gambling premises is an active area of FINTRAC scrutiny, independent of the separate online iGaming market opening. Dual-channel AML oversight for the new iGaming operator population. Alberta's newly-launched private iGaming operators are understood to sit under two AML oversight channels: FINTRAC at the federal level, applying reporting-entity obligations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, and the Alberta iGaming Corporation (AiGC) at the provincial level, applying an AML program requirement under Section 4.11 of the AGLC's Standards and Requirements for Internet Gaming (SRIG). This dual-channel design is reported by a secondary compliance-advisory source rather than confirmed in these exact terms by a directly retrieved primary instrument, and should be read as probable rather than confirmed pending fuller primary-source corroboration of the AiGC/SRIG oversight mechanics. #### Cross-Monitor Connections The Alberta iGaming market opening and its AML oversight structure connect directly to the crypto and gambling-sector monitors covering the same jurisdiction: the newly created operator population, the AGLC/AiGC registration architecture, and the fee and revenue-share structure attached to market entry are the subject of parallel gambling-sector monitoring, while the virtual-currency identity-verification failure cited in the FINTRAC penalty is a direct point of overlap with crypto/digital-asset monitoring of Canadian AML enforcement. Readers tracking Alberta's gambling-sector regulatory architecture should read this AML finding alongside that parallel coverage rather than in isolation, since the same market-opening event is generating signal across both domains simultaneously. #### Outlook The Northern Isga Foundation's appeal to the Federal Court is the clearest near-term event to watch, since its outcome will clarify FINTRAC's evidentiary and procedural bar for AMP enforcement against gambling-sector entities in Alberta, including the virtual-currency identity-verification violation. Separately, the practical operation of the AiGC/SRIG dual-channel AML oversight structure for the new private iGaming operator population remains only probably established rather than confirmed by primary-source text; further primary confirmation of the SRIG Section 4.11 AML program requirement, and of how AiGC's commercial-agreement-level oversight interacts in practice with FINTRAC's federal reporting-entity regime, would materially firm up the confidence level of this developing obliged-entity population assessment. 22 Sep 2026 · fim-2026-09-22 #### Lead Signal FINTRAC imposed a $91,162.50 CAD administrative monetary penalty on Northern Isga Foundation, operator of the Eagle River Casino and Travel Plaza in Glenevis, Alberta, on March 2, 2026, for four violations of its compliance program under Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), discovered during a compliance examination. The entity has appealed the penalty to the Federal Court. The action is part of a broader FINTRAC gaming-sector enforcement wave that has generated twenty-three Notices of Violation and more than $25 million CAD in penalties across 2024 and 2025, and it lands weeks ahead of Alberta's July 2026 private iGaming market launch, establishing that federal AML supervision of gaming-sector reporting entities in Alberta operates independently of, and prior to, the province's new AGLC/AiGC provincial licensing structure. #### Other Developments FATF mutual evaluation of Canada adopted, publication pending. The FATF/APG mutual evaluation of Canada was adopted at the June 2026 Plenary, the first such evaluation since 2016, with publication expected September to October 2026. Provisional signals suggest Canada will avoid grey-listing, though supervisory weaknesses tied to prior large-bank AML failings were reportedly contested during the evaluation process. This is a structural, evaluative development rather than an incident, and its eventual publication will be the more significant data point for assessing Canada's AML architecture going forward. Alberta's beneficial-ownership registry gap persists. Alberta has no provincial beneficial-ownership registry; only British Columbia and Quebec have enacted provincial BO-registry legislation among Canadian provinces. Alberta-incorporated private companies fall outside any provincial BO registry and are captured only if separately federally incorporated under the Canada Business Corporations Act's Individuals with Significant Control regime. This is a longstanding structural condition rather than a new development, but it remains directly relevant to enabler-jurisdiction and corporate-transparency risk assessment for entities structured through Alberta. Universal FINTRAC enrolment amendments adopted, implementation pending. PCMLTFA amendments providing for universal FINTRAC enrolment, extending the reporting-entity obligation beyond money-services businesses and casinos to all PCMLTFA-covered businesses, have been adopted, with estimated regulatory implementation in 2027, first quarter. Implementing regulations have not yet been published, so the practical enrolment obligation is not yet operative. #### Cross-Monitor Connections The FINTRAC enforcement action against a gaming-sector reporting entity connects directly to advennt's tracking of Alberta's iGaming market launch: new iGaming operators inherit the same federal AML supervisory posture demonstrated here, independent of their provincial AGLC or AiGC registration status. The beneficial-ownership registry gap is relevant to world-payments' payment-services licensing analysis to the extent that payment-service providers structured as Alberta private companies without separate federal incorporation sit outside provincial BO-transparency coverage. #### Outlook The FATF mutual evaluation's eventual publication in September or October 2026 is the primary near-term catalyst to watch; its Roadmap of Key Recommended Actions, once published, will provide the clearest signal of where Canada's AML architecture is judged deficient relative to FATF standards. Separately, the pace at which FINTRAC's universal-enrolment implementing regulations are drafted and published will determine how quickly the reporting-entity population beyond MSBs and casinos expands, a development that would have implications for gaming-adjacent and payment-adjacent entities operating in Alberta. Domain intelligence (D1–D8) #### Sanctions Architecture and Evasion Canada's Russia sanctions architecture underwent five successive amendment rounds in 2026: February 19, March 25, May 8, June 12 and August 6. Together these rounds added hundreds of individuals and entities and more than two hundred shadow-fleet vessels to the designated lists under the Special Economic Measures (Russia) Regulations, lowered the oil price cap to US$44.10 per barrel, and, for the first time, extended designations into Russian artificial-intelligence, cybersecurity and cryptocurrency-payment infrastructure. This is a High-confidence, Tier-1-sourced finding corroborated across multiple Global Affairs Canada and Canada Gazette publications. Continue reading The extension into AI, cybersecurity and crypto-payment infrastructure is the analytically significant feature of this cycle's designations, more so than the raw count of new entries. It signals that Canadian sanctions architecture is adapting to evasion vectors that move beyond traditional financial-sector correspondent relationships and into infrastructure layers that a purely enforcement-volume reading would under-weight. For CA-AB, which has no independent sanctions-screening regime and inherits its entire sanctions posture from the federal Special Economic Measures framework, this escalation raises the practical screening burden on any Alberta-based financial institution, payment company or crypto-asset business with counterparty exposure touching Russian-linked infrastructure, correspondent banking relationships, or crypto-payment rails now within scope of designation. The oil price cap reduction to US$44.10 per barrel is itself a structural lever rather than a discrete enforcement event: it tightens the economic incentive for shadow-fleet operators and their financiers to seek workarounds, which in turn raises the likelihood of secondary evasion typologies (flag-of-convenience reflagging, ship-to-ship transfers, insurance-market circumvention) surfacing in future cycles. Because this is a five-round cumulative pattern rather than a single amendment, the correct read is of an escalating, structural sanctions posture, not an episodic response to a single triggering event. #### Outlook The trajectory across five amendment rounds in a single year is unambiguously escalating, and nothing in the current evidence base suggests a plateau. A sixth 2026 round, or an early-2027 round, extending further into crypto-payment infrastructure or AI-sector designations would be consistent with the established cadence rather than a surprise. Canada's designation cadence has in several instances run ahead of formal EU and UK matching, a divergence worth tracking for correspondent-banking and multi-jurisdictional compliance functions that must reconcile screening lists across regimes on different timelines. The next cycle should watch for whether the newly designated crypto-payment infrastructure entities generate enforcement actions against Canadian counterparties, which would be the first test of whether this architectural expansion translates into operational enforcement. Judgment: No CA-AB-specific sanctions finding this cycle. Uncertain Alberta has no provincial beneficial-ownership registry; relies solely on the federal CBCA ISC regime. Only BC and Quebec have enacted provincial BO-registry legislation. Judgment: Alberta remains without a provincial BO transparency register; a standing structural gap, unconfirmed this cycle by a primary source. Uncertain #### Enabler Jurisdictions Alberta's contemplated use of payment-processor pressure as a lever against unlicensed gambling operators reads, through an enabler-jurisdiction lens, as a province testing whether it can close a gap that has historically defined the permissive end of the sub-national regulatory spectrum: the availability of payment rails to entities operating outside a local licensing perimeter. Minister Dale Nally's statement that Alberta is looking at approaches already used by several United States states, specifically cease-and-desist letters and pressure on payment processors moving funds for unlicensed operators, is notable not for what it has achieved but for what it names as the target. Processor-level pressure, where it has been used elsewhere, functions as a substitute enforcement channel precisely because direct licensing enforcement against an operator outside the jurisdiction's reach is difficult; naming payment processors as a lever is an acknowledgment that operator-level enforcement alone is an incomplete answer to unlicensed cross-border gambling activity. Continue reading This sits alongside a separate, structurally unrelated but analytically adjacent condition: Alberta's continued position as the principal Canadian jurisdiction without a provincial beneficial-ownership transparency register. Corporations registered in Alberta currently disclose only their top five voting shareholders with the annual return, a materially thinner disclosure standard than the federal Canada Business Corporations Act register, Quebec's public register, or British Columbia's forthcoming register. Reporting on this gap rests on a single lower-tier source, and no Government of Alberta primary statement was located this cycle confirming or updating the status of a 2025 consultation reported to have examined a potential register. Taken together, the enforcement-lever signal and the beneficial-ownership condition describe a jurisdiction where the thinness of corporate disclosure and the current absence of an instrumented payment-level enforcement mechanism point in the same direction: toward relatively lower friction for an entity seeking to structure or route unlicensed gambling-related activity into or through Alberta, pending any instrumentation of the enforcement lever the minister has floated. It is worth being precise about what has not happened. No AGLC or AiGC primary enforcement notice naming specific payment processors was located. No statutory or regulatory text operationalizing processor-level liability has been identified. The signal this cycle is a ministerial statement of intent, not a legal instrument, and the enabler-jurisdiction reading above describes a condition that predates the statement and is not resolved by it. #### Outlook The determinative question is whether Alberta converts the ministerial statement into an actual legal or administrative mechanism, and if so, what liability basis it uses to reach payment processors that are not themselves gambling operators. Equally relevant is whether the province's 2025 beneficial-ownership consultation produces draft legislation; a transparency register, if adopted, would narrow the structural condition described above independently of whatever happens with the payment-processor proposal. Absent primary-source confirmation on either front, both items remain open watch points rather than resolved developments. Judgment: Alberta signalled possible use of payment-processor pressure as an enforcement lever against unlicensed gambling operators. Probable Judgment: No CA-AB-specific conflict-finance finding this cycle. Uncertain #### Crypto / Digital Assets / Financial Innovation Canada's digital-asset integrity landscape tightened materially this cycle on two fronts. First, the Stablecoin Act (Bill C-15) received Royal Assent on March 26, 2026, establishing a dedicated registration and reserve regime for fiat-referenced stablecoins, with the Bank of Canada as prudential supervisor, requiring 1:1 backing in high-quality liquid assets and no interest payable to holders. Operative provisions are expected fully in force in 2027. This is a High-confidence finding corroborated across three or more independent sources describing the same Royal Assent date and supervisory design, though the precise 2027 in-force timeline itself still depends on supporting regulations not yet finalised. Continue reading Second, and separately, reporting circulated this cycle of fifty MSB licence revocations in 2026, forty-seven tied to crypto activity, alongside large fines levied against Cryptomus (CAD 126 million) and KuCoin (CAD 14 million). This finding rests on a single Tier 4 source and is capped at Possible confidence pending Tier 1 or Tier 2 corroboration; it should be read as a directional signal of escalating FINTRAC enforcement attention on crypto MSBs, not as a confirmed enforcement tally. Read together, an enacted prudential stablecoin regime and a reported crypto-MSB enforcement wave point in the same direction: Canada's digital-asset space is moving from a licensing-only compliance model toward one that pairs licensing with active enforcement. For CA-AB, which has no standalone crypto or stablecoin statute and inherits this entire framework federally, the practical effect is that any Alberta-based or Alberta-serving crypto-asset business faces a rising compliance bar on two simultaneous axes, prudential registration for stablecoin activity specifically, and heightened MSB-registration enforcement scrutiny generally, even before the Stablecoin Act's operative provisions are fully in force. #### Outlook The priority verification item for the next cycle is corroborating the reported MSB revocation and fine figures against a Tier 1 or Tier 2 FINTRAC bulletin; until that corroboration lands, the enforcement-wave narrative should be treated as probable rather than established. On the stablecoin side, watch for the supporting regulations that will fix the exact 2027 in-force date for the Stablecoin Act's operative provisions, since that date determines when the registration and reserve requirements become binding on issuers serving Canadian, including Alberta, markets. Judgment: Federal Stablecoin Regulations pre-publication is a Canada-level development, reported under Canada's country-level run per chain-parent convention; no CA-AB-specific instrument. Probable Judgment: No CA-AB-specific RegTech/compliance-technology development this cycle. Uncertain #### AML/CTF Regime Canada's AML/CTF regime crossed a structural threshold this cycle. Bill C-12 and the Budget 2025 Implementation Act received Royal Assent on March 26, 2026, and the accompanying expanded FINTRAC Administrative Monetary Penalty framework came into force the same day, raising the PCMLTFA compliance-program standard to one that must be reasonably designed, risk-based and effective. This is a High-confidence, though Tier 3-sourced, finding describing a federal instrument that forms CA-AB's entire AML baseline, since Alberta has no separate provincial AML statute. Continue reading FINTRAC's supervisory posture is hardening in parallel: the agency ended its educational and outreach phase for the leasing and financing sector effective April 1, 2026, moving that sector to full assessments and audits. This finding carries Assessed rather than High confidence, resting on a single Tier 3 source not yet corroborated by a Tier 1 FINTRAC bulletin, but it is directionally consistent with the broader compliance-standard escalation. For CA-AB specifically, Alberta's July 13, 2026 private-operator iGaming market launch has created a new cohort of gambling operators brought under PCMLTFA know-your-customer and due-diligence obligations through the AGLC/AiGC registration framework. This is the clearest provincial-level manifestation of the federal AML architecture's reach this cycle: a new obliged-entity population arriving at the exact moment the compliance standard those entities must meet has risen. Separately, FATF's June 2026 plenary added Bosnia and Herzegovina and Iraq to, and removed Algeria and Namibia from, the grey list, bringing it to twenty-two jurisdictions, while adopting but not yet publishing a new mutual evaluation of Canada itself, a development with indirect but real relevance to how Canada's own AML regime will be externally benchmarked in the coming cycle. #### Outlook The compliance-program standard uplift and the FINTRAC leasing/financing enforcement-posture shift together suggest a supervisory environment moving from reactive to proactive assessment across sectors. The next cycle should watch for FINTRAC guidance operationalising the new AMP framework's practical thresholds, for whether other previously-outreach sectors follow leasing and financing into full assessment, and for the eventual publication of FATF's Canada mutual evaluation, which will provide the first externally-benchmarked read on whether this cycle's structural reforms are assessed as sufficient. Judgment: Standing dual FINTRAC PCMLTFA/AGLC SRIG regime for Alberta casinos/iGaming operators as reporting entities is unchanged this cycle. Probable #### Commercial Activity Two commercial-activity signals touching Alberta surfaced this cycle, both involving crypto-adjacent capital flows and neither corroborated by a primary regulatory filing. AIMCo, Alberta's public pension and investment manager, disclosed a $219 million purchase of 1.38 million Strategy Inc. (MSTR) shares, in a filing reported as dated 29 April 2026, marking its first reported Bitcoin-adjacent exposure. This is a significant commercial-activity data point because AIMCo manages public pension and endowment capital on behalf of Alberta public-sector entities, meaning the exposure, if confirmed, would represent a form of indirect public-capital exposure to Bitcoin-price movements via an equity proxy rather than direct holding. Continue reading Separately, Avax One, a cryptominer repositioning toward AI and high-performance-computing infrastructure, signed a non-binding letter of intent on 6 July 2026 to acquire the Bantry Data data-centre site in Alberta for $2.3 million, as part of an expansion of its Bitcoin-mining footprint in the province alongside its AI/HPC pivot. The transaction remains at the non-binding LOI stage, so no closing date or definitive agreement had been reached as of this cycle. Both transactions rest entirely on trade-press (T3) reporting; no SEC, SEDAR or equivalent primary filing was retrieved for either this cycle, which caps both claims at Probable confidence rather than Confirmed. This is noted honestly rather than treated as settled fact: the commercial signal is real and sourced, but the evidentiary base remains secondary. #### Outlook Watch for primary-filing corroboration of both transactions — an AIMCo disclosure document for the Strategy Inc. stake, and a definitive agreement or SEC/SEDAR filing for the Avax One acquisition of the Bantry Data site, expected around its targeted 1 August 2026 closing date. Either corroboration would allow these claims to move from Probable to Confirmed confidence. Judgment: No commercial-activity finding specific to CA-AB financial-integrity vendors/firms this cycle. Uncertain Regulatory horizon No dated horizon items this cycle. 2 items tracked without a confirmed date. 2 pending date · baseline fim-2026-07-09 Role action cards MLRO ### Alberta is weighing payment-processor pressure as a lever against unlicensed gambling operators, alongside a standing absence of provincial beneficial-ownership disclosure. A ministerial statement, not yet an instrument, names payment processors as a possible enforcement target for unlicensed gambling activity; this is adjacent to but distinct from the existing FINTRAC reporting-entity obligations already applicable to registered Alberta casino and iGaming operators. 2 evidence refs Compliance ### Alberta's corporate registry continues to require only top-five voting shareholder disclosure, with no beneficial-ownership transparency register. Firms with Alberta-incorporated counterparties or corporate structures continue to face a thinner disclosure baseline than under the federal, Quebec, or forthcoming British Columbia registers, a standing condition unconfirmed by primary source this cycle. 1 evidence refs Legal ### No confirmed statutory basis yet exists for extending Alberta gambling enforcement to payment processors. The minister's proposal to pressure payment processors facilitating unlicensed gambling transactions has no identified accessory-liability provision behind it at this stage; counsel assessing exposure for payment-company clients with Alberta gambling-adjacent business should treat this as a developing rather than settled risk. 1 evidence refs Board ### A sub-national regulator has named payment processors as a possible future enforcement target in the gambling sector. While not yet operationalized, the proposal signals a potential extension of regulatory exposure beyond licensed operators into payment infrastructure providers servicing the Alberta gambling market. 1 evidence refs CTO ### No material change for this persona this cycle. No material change for this persona this cycle Risk ### Alberta's enforcement posture toward unlicensed gambling operators and their payment processors is an emerging exposure-concentration signal for payment companies servicing gambling-adjacent merchants. If operationalized, the proposed lever would concentrate risk on payment processors with Alberta gambling-sector exposure regardless of their own licensing status, extending exposure beyond the operator counterparty itself. 1 evidence refs Operations ### No material change for this persona this cycle. No material change for this persona this cycle Audit ### The evidentiary basis for Alberta's beneficial-ownership gap and enforcement-lever proposal both rest on single lower-tier sources pending primary confirmation. Audit trails for any assessment relying on these points should note the absence of a Government of Alberta primary statement, and reassess if and when primary documentation becomes available. 2 evidence refs Standing trackers (T1–T6) Tracker Status Note T1 · Russian Sanctions-Evasion Architecture no_change T2 · EU AML Package / AMLA no_change T3 · FATF Grey List no_change T4 · Beneficial-Ownership Register Status watch T5 · Crypto & Digital-Asset Integrity watch T6 · Sanctions Regime Divergence no_change Registers ### Enforcement actions - 22 Oct 2025 - 16 Mar 2026 - 22 Oct 2025 - 16 Oct 2025 - 25 Jun 2025 - 1 Nov 2025 - 1 Oct 2025 - 1 Jan 2026 - 1 Jan 2026 - 2 Mar 2026 - 15 Oct 2026 - FINTRAC imposed a record-breaking administrative monetary penalty of approximately CAD 177 million (US$126 million) against Cryptomus for multiple violations of Canada's AML/CTF legislation, including failure to file suspicious transaction reports for over 1,000 transactions in July 2024 alone connected to CSAM proceeds, fraud, ransomware and sanctions evasion. 22 Oct 2025 - Following an ICIJ/Toronto Star investigation ('Coin Laundry') exposing unregistered crypto-cash exchange shops, FINTRAC revoked the money-service-business registrations of roughly two dozen crypto firms in one action and a dozen more shortly before, nationwide (registry applies equally to Alberta-based MSBs). 16 Mar 2026 - OFAC updated its SDN List with a wave of Russian oil and gas producer/refiner designations under Executive Order 14024, expanding secondary-sanctions exposure for any counterparties — including Alberta-based energy majors and their trading/insurance/correspondent-banking relationships — dealing with Russian oil and gas entities. 22 Oct 2025 - FinCEN finalized and then proposed expanding a special measure under Section 311 severing Huione Group from the US financial system for facilitating proliferation-linked and scam-network money laundering; FinCEN's own filings cite Huione Pay Inc.'s FINTRAC money-service-business registry listing, showing a Huione-linked entity used Canada's MSB registration as part of its footprint. 16 Oct 2025 ### Sanctions changes - 10 Jan 2025 - 22 Oct 2025 - 18 Jul 2025 - 16 Jun 2026 - 1 Apr 2026 - 19 Feb 2026 - 25 Mar 2026 - 8 May 2026 - 12 Jun 2026 - 6 Aug 2026 - OFAC issued a determination under E.O. 14024 effective January 10, 2025, authorizing sanctions on any person operating in the energy sector of the Russian Federation economy, followed by a wave of designations of Russian oil/gas producers and refiners in October 2025. 10 Jan 2025 - The EU Council adopted its 18th sanctions package on Russia (18 July 2025), expanding the shadow-fleet vessel list to 444 tankers subject to port-access bans and services prohibitions, alongside new full-fledged sanctions on shadow-fleet managers and Russian oil traders. 18 Jul 2025 - The European Commission introduced a new dynamic mechanism lowering the Russian crude oil price cap to $44.10 per barrel, effective mid-January 2026, with the cap reviewed every six months by the Commission in coordination with Coalition partners. 15 Jan 2026 ### Regulatory horizon (register) - Next UK National Risk Assessment refresh window / EU SNRA refresh - PCMLTFA universal FINTRAC enrolment (Bill C-12) amendments - Alberta private iGaming AML obliged-entity expansion - Canada Stablecoin Act (Bill C-15) implementing regulations - Publication of Canada's 5th-round FATF mutual evaluation report - Operationalization of Canada's new Financial Crimes Agency - Proposed nationwide ban on crypto ATMs - FATF global stablecoin risk analysis affecting CSA framework ### Active schemes - [CRITICAL] Russia-linked crypto payment processor laundering/sanctions-evasion pipeline - [HIGH] Crypto-ATM cash-placement laundering infrastructure nationwide - [HIGH] Provincial non-participation preserves snow-washing shell layering - [HIGH] Cross-border meth/cocaine trafficking cash-laundering corridor Sources - [Russia sanctions: G7+ Price Cap Coalition members announce revisions to the price cap compliance regime - Finance](https://finance.ec.europa.eu/news/russia-sanctions-g7-price-cap-coalition-members-announce-revisions-price-cap-compliance-regime-2023-12-20_en) - [https://www.dlapiper.com/en-us/insights/publications/2026/04/canada-implements-amendments-to-the-pcmltfa](https://www.dlapiper.com/en-us/insights/publications/2026/04/canada-implements-amendments-to-the-pcmltfa) - [https://www.fasken.com/en/knowledge/2026/04/fintrac-provides-information-on-recent-changes-to-canadas-aml-regime](https://www.fasken.com/en/knowledge/2026/04/fintrac-provides-information-on-recent-changes-to-canadas-aml-regime) - [https://www.monitordaily.com/opinion/navigating-the-new-era-of-aml-compliance-in-canada/](https://www.monitordaily.com/opinion/navigating-the-new-era-of-aml-compliance-in-canada/) - [https://www.alberta.ca/beneficial-ownership-engagement](https://www.alberta.ca/beneficial-ownership-engagement) - [https://practiceguides.chambers.com/practice-guides/blockchain-crypto-assets-2026/canada](https://practiceguides.chambers.com/practice-guides/blockchain-crypto-assets-2026/canada) - [https://coinpedia.org/cryptocurrency-regulation/crypto-regulations-in-canada/](https://coinpedia.org/cryptocurrency-regulation/crypto-regulations-in-canada/) - [https://www.international.gc.ca/world-monde/international_relations-relations_internationales/sanctions/russia-russie.aspx?lang=eng](https://www.international.gc.ca/world-monde/international_relations-relations_internationales/sanctions/russia-russie.aspx?lang=eng) - [https://www.fatf-gafi.org/en/publications/Fatfgeneral/outcomes-fatf-plenary-june-2026.html](https://www.fatf-gafi.org/en/publications/Fatfgeneral/outcomes-fatf-plenary-june-2026.html) - [https://en.wikipedia.org/wiki/2026_in_Cambodia](https://en.wikipedia.org/wiki/2026_in_Cambodia) - [https://fintrac-canafe.canada.ca/new-neuf/nr/2026-03-26-eng](https://fintrac-canafe.canada.ca/new-neuf/nr/2026-03-26-eng) - [https://laws-lois.justice.gc.ca/eng/acts/R-7.36/page-1.html](https://laws-lois.justice.gc.ca/eng/acts/R-7.36/page-1.html) - [https://www.fatf-gafi.org/en/publications/Mutualevaluations/Mutualevaluationofcanada.html](https://www.fatf-gafi.org/en/publications/Mutualevaluations/Mutualevaluationofcanada.html) - [https://www.theglobeandmail.com/business/article-canada-financial-crime-controls-review/](https://www.theglobeandmail.com/business/article-canada-financial-crime-controls-review/) - [https://www2.gov.bc.ca/gov/content/justice/anti-money-laundering/quick-glance-government-actions/corporate-ownership-transparency](https://www2.gov.bc.ca/gov/content/justice/anti-money-laundering/quick-glance-government-actions/corporate-ownership-transparency) - [https://www.sanctionscanner.com/blog/fatf-plenary-june-2026-grey-list-changes-and-key-outcomes-1391](https://www.sanctionscanner.com/blog/fatf-plenary-june-2026-grey-list-changes-and-key-outcomes-1391) - [FINTRAC](https://fintrac-canafe.canada.ca/new-neuf/nr/2026-03-26-eng) - [FINTRAC](https://fintrac-canafe.canada.ca/pen/amps/pen-2026-03-26-eng) - [gamingcompliance.io](https://gamingcompliance.io/alberta-igaming-compliance-guide-2026-aglc-aigc-srig-standards-and-operator-obligations/) - [Alberta Gaming, Liquor and Cannabis Commission](https://aglc.ca/gaming-bulletins/standards-requirements-for-internet-gaming) - [https://fintrac-canafe.canada.ca/pen/3-eng](https://fintrac-canafe.canada.ca/pen/3-eng) - [https://www.wealthprofessional.ca/news/industry-news/fintrac-hikes-aml-penalty-ceiling-up-to-40x/392407](https://www.wealthprofessional.ca/news/industry-news/fintrac-hikes-aml-penalty-ceiling-up-to-40x/392407) - [https://gowlingwlg.com/en/insights-resources/articles/2026/alberta-igaming](https://gowlingwlg.com/en/insights-resources/articles/2026/alberta-igaming) - [https://www.asc.ca/en/registrant-and-market-regulation/registrant-toolkit/crypto-asset-trading-platforms](https://www.asc.ca/en/registrant-and-market-regulation/registrant-toolkit/crypto-asset-trading-platforms) - [https://www.cryptotimes.io/2026/05/01/albertas-aimco-buys-219m-in-strategy-shares-for-bitcoin-exposure/](https://www.cryptotimes.io/2026/05/01/albertas-aimco-buys-219m-in-strategy-shares-for-bitcoin-exposure/) - [https://www.datacenterdynamics.com/en/news/cryptominer-avax-one-acquires-data-center-site-in-alberta-canada-amid-ai-pivot/](https://www.datacenterdynamics.com/en/news/cryptominer-avax-one-acquires-data-center-site-in-alberta-canada-amid-ai-pivot/) - [Alberta Securities Commission](https://www.asc.ca/en/news-and-publications/news-releases/2026/10/15-alnoor-fatehali-nathoo-settles-with-the-asc-for-market-manipulation) - [TokenPost](https://www.tokenpost.com/news/regulation/33776) - [TradersUnion](https://tradersunion.com/news/regulators/show/3851701-alberta-softlab-settlement-market-ban/) - [canada-msb.com](https://canada-msb.com/crypto-regulation-canada-2026/) - [https://www.corporateregistryservices.ca/articles/corporate-transparency-registers-canada](https://www.corporateregistryservices.ca/articles/corporate-transparency-registers-canada) - [https://igamist.com/news/alberta-targets-unlicensed-gambling-sites-after-october-13](https://igamist.com/news/alberta-targets-unlicensed-gambling-sites-after-october-13) - [Mutual Evaluation of Canada](https://www.fatf-gafi.org/en/publications/Mutualevaluations/Mutualevaluationofcanada.html) - [READOUT: FinCEN and Partner FIU Officials Meet in Canada for International Public-Private Partnership Events on Illicit Finance | FinCEN.gov](https://www.fincen.gov/news/news-releases/readout-fincen-and-partner-fiu-officials-meet-canada-international-public) - [Canada's measures to combat money laundering and terrorist financing](https://www.fatf-gafi.org/en/publications/mutualevaluations/documents/mer-canada-2016.html) - [Canada revokes dozens of crypto firms' registrations - ICIJ](https://www.icij.org/investigations/coin-laundry/canada-revokes-dozens-of-crypto-firms-registrations/) - [Canada](https://www.fatf-gafi.org/en/countries/detail/Canada.html) - [Russia-linked Payment Processor Cryptomus Likely Behind Launch of Parallel Service Heleket | TRM Labs](https://www.trmlabs.com/resources/blog/russia-linked-payment-processor-cryptomus-likely-behind-launch-of-parallel-service-heleket) - [Report: Canada Ill-Equipped In Fight Against Money Laundering | OCCRP](https://www.occrp.org/en/news/report-canada-ill-equipped-in-fight-against-money-laundering) - [1 (BILLINGCODE: 4810-02-P) DEPARTMENT OF THE TREASURY](https://www.fincen.gov/system/files/2026-06/HPay-NPRM.pdf) - [READOUT: Second Annual FINTRAC-FinCEN Symposium in Washington, D.C. | FinCEN.gov](https://www.fincen.gov/news/news-releases/readout-second-annual-fintrac-fincen-symposium-washington-dc) - [Crypto regulatory affairs: CLARITY Act advances from Senate Banking Committee](https://www.elliptic.co/blog/crypto-regulatory-affairs-clarity-act-passes-senate-banking-committee) - [Money laundering and terrorist financing risks](https://www.fatf-gafi.org/en/publications/Methodsandtrends/Ml-tf-risks.html) - [Money Laundering National Risk Assessment Guidance](https://www.fatf-gafi.org/en/publications/Methodsandtrends/Money-Laundering-National-Risk-Assessment-Guidance.html) - [National money laundering and terrorist financing risk assessment](https://www.fatf-gafi.org/en/publications/Methodsandtrends/Nationalmoneylaunderingandterroristfinancingriskassessment.html) - [Financial Inclusion and Anti-Money Laundering and Terrorist Financing Measures](https://www.fatf-gafi.org/content/dam/fatf-gafi/guidance/Guidance-Financial-Inclusion%20-Anti-Money-Laundering-Terrorist-Financing-Measures.pdf.coredownload.pdf) - [MONEY LAUNDERING NATIONAL RISK ASSESSMENT TOOLKIT – ANNEXES A-C](https://www.fatf-gafi.org/en/publications/Methodsandtrends/Money-Laundering-National-Risk-Assessment-Toolkit-Annexes.html) - [FATF GUIDANCE Money Laundering National Risk Assessment Guidance](https://www.fatf-gafi.org/content/dam/fatf-gafi/publications/Money%20Laundering%20National%20Risk%20Assessment%20Guidance.pdf.coredownload.inline.pdf) - [FATF launches National Risk Assessment toolkit to help countries identify greatest money laundering risks](https://www.fatf-gafi.org/en/publications/Fatfgeneral/FATF-launches-National-Risk-Assessment-toolkit-to-help-countries-identify-greatest-money-laundering-risks.html) - [National Money Laundering and Terrorist Financing Risk ...](https://www.fatf-gafi.org/content/dam/fatf-gafi/reports/National_ML_TF_Risk_Assessment.pdf.coredownload.pdf) - [Jurisdictions under Increased Monitoring - 13 February 2026](https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/increased-monitoring-february-2026.html) - ["Black and grey" lists](https://www.fatf-gafi.org/en/countries/black-and-grey-lists.html) - [Jurisdictions under Increased Monitoring - 19 June 2026](https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/increased-monitoring-june-2026.html) - [Outcomes FATF Plenary, 17-19 June 2026](https://www.fatf-gafi.org/en/publications/Fatfgeneral/outcomes-fatf-plenary-june-2026.html) - [High-Risk Jurisdictions subject to a Call for Action - 13 February 2026](https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/Call-for-action-february-2026.html) - [News](https://www.fatf-gafi.org/en/the-fatf/news.html) - [Money Laundering Advisory Notice: June 2026 - GOV.UK](https://www.gov.uk/government/publications/money-laundering-advisory-notice-high-risk-third-countries--2/money-laundering-advisory-notice-high-risk-third-countries--2) - [High-risk and other monitored jurisdictions](https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions.html) - [FATF changes its grey listing criteria to further focus on risk](https://www.fatf-gafi.org/en/publications/Fatfgeneral/FATF-grey-listing-criteria.html) - [High-Risk Jurisdictions subject to a Call for Action - 19 June 2026](https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/call-for-action-june-2026.html) - [2025 Crypto Regulatory Round-Up](https://www.chainalysis.com/blog/2025-crypto-regulatory-round-up/) - [UNITED STATES OF AMERICA FINANCIAL CRIMES ENFORCEMENT NETWORK](https://www.fincen.gov/system/files/2026-03/Canaccord-Consent-Order-No-2026-01.pdf) - [Alberta Securities Commission - Company Profile and News - Bloomberg Markets](https://www.bloomberg.com/profile/company/8110878Z:CN) - [Enforcement Actions | FinCEN.gov](https://www.fincen.gov/news/enforcement-actions) - [Home](https://www.fatf-gafi.org/en/home.html) - [News | FinCEN.gov](https://www.fincen.gov/news) - [The FATF Recommendations](https://www.fatf-gafi.org/en/publications/Fatfrecommendations/Fatf-recommendations.html) - [Press Releases | FinCEN.gov](https://www.fincen.gov/news/press-releases) - [Advisories | FinCEN.gov](https://www.fincen.gov/resources/advisoriesbulletinsfact-sheets/advisories) - [NGOs Praise Canada’s New Corporate Ownership Registry | OCCRP](https://www.occrp.org/en/news/ngos-praise-canadas-new-corporate-ownership-registry) - [Treasury Department won’t enforce beneficial ownership rule under the Corporate Transparency Act - ICIJ](https://www.icij.org/inside-icij/2025/03/treasury-department-wont-enforce-beneficial-ownership-rule-under-the-corporate-transparency-act/) - [Canada poised to create public company registry to curb financial secrecy - ICIJ](https://www.icij.org/investigations/panama-papers/canada-poised-to-create-public-company-registry-to-curb-financial-secrecy/) - [Guidance on Beneficial Ownership and Transparency of Legal Arrangements](https://www.fatf-gafi.org/en/publications/Fatfrecommendations/Guidance-Beneficial-Ownership-Transparency-Legal-Arrangements.html) - [Catalogue of Research Databases | OCCRP ID](https://id.occrp.org/databases/) - [U.S. Beneficial Ownership Information Registry Now Accepting Reports | FinCEN.gov](https://www.fincen.gov/news/news-releases/us-beneficial-ownership-information-registry-now-accepting-reports) - [BOI E-FILING - FinCEN](https://boiefiling.fincen.gov/) - [Beneficial Ownership](https://www.fatf-gafi.org/en/topics/beneficial-ownership.html) - [Guidance on Beneficial Ownership of Legal Persons](https://www.fatf-gafi.org/en/publications/Fatfrecommendations/Guidance-Beneficial-Ownership-Legal-Persons.html) - [Canada: Real-Estate Firms Violate Anti-Money Laundering Rules | OCCRP](https://occrp.org/en/daily/11760-canada-real-estate-firms-violate-anti-money-laundering-rules) - [Joint Canada-U.S. Investigation Seizes Over $40 Million in Drugs, Arrests 15 | OCCRP](https://www.occrp.org/en/news/joint-canada-us-investigation-seizes-over-40-million-in-drugs-arrests-15) - [Webinar on Money Laundering through the Real Estate sector](https://www.fatf-gafi.org/en/publications/Fatfrecommendations/Webinar-real-estate.html) - [Money Laundering and Terrorist Financing Through the Real Estate Sector](https://www.fatf-gafi.org/en/publications/Methodsandtrends/Moneylaunderingandterroristfinancingthroughtherealestatesector.html) - [Financial Trend Analysis Fentanyl-Related Illicit Finance](https://www.fincen.gov/system/files/shared/FinCEN-FTA-Fentanyl.pdf) - [Accusations Fly in Canadian Money Laundering Inquiry | OCCRP](https://www.occrp.org/en/news/accusations-fly-in-canadian-money-laundering-inquiry) - [Money Laundering from Fentanyl and Synthetic Opioids](https://www.fatf-gafi.org/en/publications/methodsandtrends/documents/money-laundering-fentanyl-synthetic-opioids.html) - [Canadian Linked to Big-Rig Drug Trafficking Network Arrested by FBI | OCCRP](https://www.occrp.org/en/news/canadian-linked-to-big-rig-drug-trafficking-network-arrested-by-fbi) - [FATF REPORT Money Laundering from Fentanyl and Synthetic Opioids November 2022](https://www.fatf-gafi.org/content/dam/fatf-gafi/reports/Money-Laundering-Fentanyl-Synthetic-Opioids.pdf.coredownload.inline.pdf) - [Canada to Start Financial-Crimes Agency to Fight Surge in Online Scams - Bloomberg](https://www.bloomberg.com/news/articles/2025-10-20/canada-to-start-financial-crimes-agency-to-fight-surge-in-online-scams) - [Canada Financial Crimes Agency | OCCRP](https://www.occrp.org/en/organizations/canada-financial-crimes-agency) - [United States Department of the Treasury Financial Crimes Enforcement Network - Home | FinCEN.gov](https://www.fincen.gov/) - [FinCEN Year In Review | FinCEN.gov](https://www.fincen.gov/about-fincen/fincen-year-review) - [Financial Crimes Enforcement Network 71 U.S. Department of the Treasury](https://www.fincen.gov/system/files/shared/Appendix_E.pdf) - [Fintrac | OCCRP](https://www.occrp.org/en/organizations/fintrac) - [Russian Harmful Foreign Activities Sanctions | Office of Foreign Assets Control](https://ofac.treasury.gov/sanctions-programs-and-country-information/russian-harmful-foreign-activities-sanctions) - [Russian Attempts to Evade Sanctions Using New Overseas ...](https://ofac.treasury.gov/media/933146/download) - [Publication of Alert on Possible Evasion of the Russian Oil Price Cap | Office of Foreign Assets Control](https://ofac.treasury.gov/recent-actions/20230417) - [Office of Financial Sanctions Implementation – News and updates from the Office of Financial Sanctions Implementation](https://ofsi.blog.gov.uk/) - [Updated Price Cap Coalition Advisory for the Maritime Oil ...](https://ofac.treasury.gov/media/933506/download?inline=) - [Possible Evasion of the Russian Oil Price Cap OFAC ALERT](https://ofac.treasury.gov/media/931641/download) - [Russia-related Designations; Issuance of New and Amended Russia-related General Licenses | Office of Foreign Assets Control](https://ofac.treasury.gov/recent-actions/20251022) - [Russia-related and Russia-/Ukraine-related Designations; Venezuela-related Designations; Publication of Russia-related Determinations; Issuance of Russia-related General Licenses and Frequently Asked Questions | Office of Foreign Assets Control](https://ofac.treasury.gov/recent-actions/20250110) - [OFAC Related Press Releases | Office of Foreign Assets Control](https://ofac.treasury.gov/press-releases) - [Russia-related Sanctions Programs | Office of Foreign Assets Control](https://ofac.treasury.gov/sanctions-programs-and-country-information/russia-related-sanctions) - [EU sanctions against Russia: questions and answers - Consilium](https://www.consilium.europa.eu/en/policies/sanctions-against-russia-explained/) - [Ukraine-/Russia-related Sanctions | Office of Foreign Assets Control](https://ofac.treasury.gov/sanctions-programs-and-country-information/ukraine-russia-related-sanctions) - [Sanctions Programs and Country Information | Office of Foreign Assets Control](https://ofac.treasury.gov/sanctions-programs-and-country-information) - [Russia's war against Ukraine: EU sanctions - Consilium](https://www.consilium.europa.eu/en/policies/sanctions-against-russia/) - [1213 | Office of Foreign Assets Control](https://ofac.treasury.gov/faqs/1213) - [Russian Harmful Foreign Activities Sanctions](https://ofac.treasury.gov/faqs/topic/6626) - [Russia’s war of aggression against Ukraine: EU adopts 18th package of economic and individual measures - Consilium](https://www.consilium.europa.eu/en/press/press-releases/2025/07/18/russia-s-war-of-aggression-against-ukraine-eu-adopts-18th-package-of-economic-and-individual-measures/) - [DETERMINATION PURSUANT TO SECTION l(a)(i) OF ...](https://ofac.treasury.gov/media/933796/download?inline=) - [GUIDANCE FOR A RISK-BASED APPROACH REAL ESTATE SECTOR JULY 2022 JULY 2022](https://www.fatf-gafi.org/content/dam/fatf-gafi/guidance/RBA-Real-Estate-Sector.pdf.coredownload.pdf) - [Risk-based Approach Guidance for the Real Estate Sector](https://www.fatf-gafi.org/en/publications/Fatfrecommendations/Guidance-rba-real-estate-sector.html) - [fatf Guidance National Money Laundering and Terrorist Financing Risk Assessment](https://www.fatf-gafi.org/content/dam/fatf-gafi/reports/National_ML_TF_Risk_Assessment.pdf) - [As Canada Real Estate Bleeds Cash, One Fund Is ‘Coming in Clean’ - Bloomberg](https://www.bloomberg.com/news/articles/2025-12-08/as-canada-real-estate-bleeds-cash-one-fund-is-coming-in-clean) - [Quick guide on assessing the Money Laundering risks of legal persons and arrangements](https://www.fatf-gafi.org/content/fatf-gafi/en/publications/Methodsandtrends/quick-guide-on-assessing-ML-risks-of-legal-persons-and-arrangements.html) - [Frequently Asked Questions | FinCEN.gov](https://www.fincen.gov/boi-faqs) - [Beneficial Ownership Information Reporting | FinCEN.gov](https://www.fincen.gov/boi) - [Provinces pose threat to Canada’s bid to curb corporate secrecy, researchers warn - ICIJ](https://www.icij.org/investigations/pandora-papers/provinces-pose-threat-to-canadas-bid-to-curb-corporate-secrecy-researchers-warn/) - [The Asia/Pacific Group on Money Laundering Financial Action Task Force](https://www.fatf-gafi.org/content/dam/fatf-gafi/reports/Vulnerabilities%20of%20Casinos%20and%20Gaming%20Sector.pdf.coredownload.pdf) - [Crypto Regulation and Illicit Finance in Canada – White Paper | TRM Labs](https://www.trmlabs.com/reports-and-whitepapers/crypto-regulation-and-illicit-finance-in-canada) - [Important Information for Casinos | FinCEN.gov](https://www.fincen.gov/resources/financial-institutions/casinos) - [Financial Crimes Enforcement Network](https://www.fincen.gov/sites/default/files/shared/sar_guidance_casino.pdf) - [Canada's measures to combat money laundering and terrorist financing](https://www.fatf-gafi.org/en/publications/Mutualevaluations/Mer-canada-2016.html) - [Casino or Card Club Compliance Program Assessment | FinCEN.gov](https://www.fincen.gov/resources/statutes-regulations/guidance/casino-or-card-club-compliance-program-assessment) - [Licensees Hub](https://gamblingcommission.gov.uk/for-gambling-businesses/Compliance/General-compliance/AML/How-to-comply/Casinos-Prevention-of-money-laundering.aspx) - [Recognizing Suspicious Activity - Red Flags for Casinos and Card Clubs | FinCEN.gov](https://www.fincen.gov/resources/statutes-regulations/guidance/recognizing-suspicious-activity-red-flags-casinos-and-card) - [Frequently Asked Questions Casino Recordkeeping, Reporting, and Compliance Program Requirements | FinCEN.gov](https://www.fincen.gov/resources/statutes-regulations/guidance/frequently-asked-questions-casino-recordkeeping-reporting-0) - [Casino SAR Guidance](https://www.fincen.gov/system/files/guidance/casinosarguidancefinal1203.pdf) - [Crypto Firm Cryptomus Fined a Record $126 Million by Canada Regulator - Bloomberg](https://www.bloomberg.com/news/articles/2025-10-22/crypto-firm-cryptomus-fined-a-record-126-million-by-canada-regulator) - [Crypto regulatory affairs: EU sanctions target A7A5 Ruble-backed stablecoin](https://www.elliptic.co/blog/crypto-regulatory-affairs-eu-sanctions-target-a7a5-ruble-backed-stablecoin) - [News | FinCEN.gov](https://www.fincen.gov/news-room/news?field_date_release_value=&field_date_release_value_1=&field_tags_financial_institution_target_id=All&page=1) - [FinCEN Notice, FIN-2025-NTC1, August 4, 2025](https://www.fincen.gov/system/files/2025-08/FinCEN-Notice-CVCKIOSK.pdf) - [MSB Registrant Search | FinCEN.gov](https://www.fincen.gov/msb-state-selector) - [FinCEN Combats Ransomware | FinCEN.gov](https://www.fincen.gov/resources/fincen-combats-ransomware) - [Price Cap Coalition statements and guidance - Finance - European Commission](https://finance.ec.europa.eu/publications/price-cap-coalition-statements-and-guidance_en) - [OIL PRICE CAP - Finance - European Commission](https://finance.ec.europa.eu/system/files/2024-01/guidance-russian-oil-price-cap_en.pdf) - [Ukraine: EU and G7 partners agree price cap on Russian petroleum products - Enlargement and Eastern Neighbourhood](https://enlargement.ec.europa.eu/news/ukraine-eu-and-g7-partners-agree-price-cap-russian-petroleum-products-2023-02-04_en) - [G7 agrees oil price cap: reducing Russia\'s revenues, while keeping global energy markets stable](https://ec.europa.eu/commission/presscorner/detail/it/ip_22_7468) - [Price Cap Coalition Oil Price Cap (OPC) Compliance and Enforcement Alert 1](https://ofac.treasury.gov/media/932571/download) - [New dynamic mechanism to lower price cap for Russian crude oil to $44,10 per barrel - Finance](https://finance.ec.europa.eu/news/new-dynamic-mechanism-lower-price-cap-russian-crude-oil-4410-barrel-2026-01-15_en) - [Russia sanctions: G7 Oil Price Cap Coalition Partners publish best practices advisory in response to recent developments in the maritime oil trade - Finance](https://finance.ec.europa.eu/news/russia-sanctions-g7-oil-price-cap-coalition-partners-publish-best-practices-advisory-response-recent-2023-10-12_en) - [Maritime Services Ban and Oil Price Cap: licences and reporting forms - GOV.UK](https://www.gov.uk/government/publications/russian-oil-services-ban) - [UK government bans services enabling the transport of Russian oil - GOV.UK](https://www.gov.uk/government/news/uk-government-bans-services-enabling-the-transport-of-russian-oil) - [Russia sanctions: G7+ Price Cap Coalition members announce revisions to the price cap compliance regime - Finance](https://finance.ec.europa.eu/news/russia-sanctions-g7-price-cap-coalition-members-announce-revisions-price-cap-compliance-regime-2023-12-20_en) - [Financial Action Task Force](https://www.fatf-gafi.org/en/countries/detail/Canada.html) - [Financial Action Task Force](https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/increased-monitoring-june-2026.html) - [Government of Canada, Department of Finance](https://www.canada.ca/en/department-finance/programs/financial-sector-policy/nira-neri/2025/report.html) - [Alberta Securities Commission](https://www.asc.ca) - [TRM Labs](https://www.trmlabs.com/resources/blog/russia-linked-payment-processor-cryptomus-likely-behind-launch-of-parallel-service-heleket) - [Elliptic](https://www.elliptic.co/blog/crypto-regulatory-affairs-eu-sanctions-target-a7a5-ruble-backed-stablecoin) - [ICIJ](https://www.icij.org/investigations/coin-laundry/canada-revokes-dozens-of-crypto-firms-registrations/) - [OCCRP](https://www.occrp.org/en/news/report-canada-ill-equipped-in-fight-against-money-laundering) - [OCCRP](https://www.occrp.org/en/news/joint-canada-us-investigation-seizes-over-40-million-in-drugs-arrests-15) - [Bloomberg](https://www.bloomberg.com/news/articles/2025-10-22/crypto-firm-cryptomus-fined-a-record-126-million-by-canada-regulator) - [US Treasury OFAC](https://ofac.treasury.gov/sanctions-programs-and-country-information/russian-harmful-foreign-activities-sanctions) - [Council of the European Union](https://www.consilium.europa.eu/en/policies/sanctions-against-russia-explained/) - [ICIJ](https://www.icij.org/investigations/pandora-papers/provinces-pose-threat-to-canadas-bid-to-curb-corporate-secrecy-researchers-warn/) - [FATF / Asia-Pacific Group on Money Laundering](https://www.fatf-gafi.org/content/dam/fatf-gafi/reports/Vulnerabilities%20of%20Casinos%20and%20Gaming%20Sector.pdf.coredownload.pdf) - [Financial Action Task Force](https://www.fatf-gafi.org/en/publications/Fatfgeneral/outcomes-fatf-plenary-june-2026.html) - [Bloomberg](https://www.bloomberg.com/news/articles/2025-10-20/canada-to-start-financial-crimes-agency-to-fight-surge-in-online-scams) Coverage gaps fim-int-2026-07-07-G001: Confirmation of Alberta's current p… fim-int-2026-07-07-G001: Confirmation of Alberta's current provincial legislative posture toward beneficial-ownership data-sharing would sharpen the D2 opacity claim beyond Assessed. [resolved] fim-int-2026-07-07-G002: Publication of Canada's 5th-round F… fim-int-2026-07-07-G002: Publication of Canada's 5th-round FATF Mutual Evaluation Report (expected September 2026) is needed to convert the adopted-but-unpublished MER outcome into a fully corroborated effectiveness rating. [resolved] fim-int-2026-07-07-G003: Independent confirmation beyond TRM… fim-int-2026-07-07-G003: Independent confirmation beyond TRM Labs' hedged assessment that Heleket is operated by the same principals as Cryptomus would raise this claim from Assessed to High. [resolved] fim-int-2026-07-07-G004: A dated status update on the legisl… fim-int-2026-07-07-G004: A dated status update on the legislative vehicle for the proposed nationwide crypto-ATM ban would reduce uncertainty in the D5 regulatory horizon assessment. [resolved] fim-int-2026-07-07-G005: Direct FATF or CSA confirmation of … fim-int-2026-07-07-G005: Direct FATF or CSA confirmation of the publication status of the FATF Q1 2026 global stablecoin risk analysis would resolve the currently stale horizon item on the Canadian stablecoin framework. [resolved] fim-int-2026-07-14-G001: No T1 europa.eu primary source was … fim-int-2026-07-14-G001: No T1 europa.eu primary source was retrieved this cycle for the specific July 10, 2026 AMLD6/AMLA sub-deadline, capping the claim at Assessed rather than High. [resolved] fim-int-2026-07-14-G002: The underlying OFSI designation not… fim-int-2026-07-14-G002: The underlying OFSI designation notice for the June 16, 2026 UK sanctions package was not independently retrieved this cycle; only a T3 law-firm secondary source was available. [resolved] fim-int-2026-07-14-G003: No T1/T2 National Bank of Cambodia … fim-int-2026-07-14-G003: No T1/T2 National Bank of Cambodia primary source was retrieved this cycle to corroborate the 25-licence revocation figure or the re-listing risk warning. [resolved] fim-int-2026-07-14-G004: D6 (Compliance Technology) coverage… fim-int-2026-07-14-G004: D6 (Compliance Technology) coverage remains thin this cycle beyond the FATF casino risk-indicator work item; no AI/ML transaction-monitoring deployment-maturity data was located. [resolved] fim-int-2026-08-20-G001 ({'scheme': 'financial_integrity', '… fim-int-2026-08-20-G001 ({'scheme': 'financial_integrity', 'value': 'D3'}): No CA-AB-specific finding located this cycle for D3 (Enabler Jurisdictions); the province is covered only by federal-level inheritance. [resolved] fim-int-2026-08-20-G002 ({'scheme': 'financial_integrity', '… fim-int-2026-08-20-G002 ({'scheme': 'financial_integrity', 'value': 'D4'}): No CA-AB-specific finding located this cycle for D4 (Conflict Finance). [resolved] fim-int-2026-08-20-G003: Mexico and Colombia (Tier D) yielde… fim-int-2026-08-20-G003: Mexico and Colombia (Tier D) yielded no fresh material this cycle despite a targeted query; flagged for priority search next cycle. [resolved] fim-int-2026-08-20-G004 ({'scheme': 'financial_integrity', '… fim-int-2026-08-20-G004 ({'scheme': 'financial_integrity', 'value': 'D5'}): FINTRAC crypto-MSB enforcement figures (50 revocations, Cryptomus/KuCoin fines) rest on a single Tier 4 aggregator source pending T1 FINTRAC bulletin confirmation. [resolved] fim-int-2026-09-22-G001: Tier D jurisdictions (KH, LA, MX, C… fim-int-2026-09-22-G001: Tier D jurisdictions (KH, LA, MX, CO) not reached this cycle; this is a coverage gap in collection, not evidence of no activity. [resolved] fim-int-2026-09-22-G002 ({'scheme': 'financial_integrity', '… fim-int-2026-09-22-G002 ({'scheme': 'financial_integrity', 'value': 'D1'}): D1 (Sanctions), D3 (Enabler Jurisdictions), D4 (Conflict Finance), D5 (Crypto), D6 (Compliance Technology) had thin or no coverage this cycle for CA-AB. [resolved] fim-int-2026-09-22-G003 ({'scheme': 'financial_integrity', '… fim-int-2026-09-22-G003 ({'scheme': 'financial_integrity', 'value': 'D7'}): Full Canada FATF mutual-evaluation report and its Roadmap of Key Recommended Actions are not yet published; grey-list-avoidance detail is T3-sourced pending official publication. [resolved] fim-int-2026-09-28-G001 ({'scheme': 'financial_integrity', '… fim-int-2026-09-28-G001 ({'scheme': 'financial_integrity', 'value': 'D7'}): No Tier-1 instrument directly retrieved stating the FINTRAC/AiGC dual-channel AML design in exact terms for Alberta iGaming operators; relies on a T3 vendor-compliance source. [resolved] fim-int-2026-09-28-G002: D1, D2, D3, D4 and D6 show no CA-AB… fim-int-2026-09-28-G002: D1, D2, D3, D4 and D6 show no CA-AB-specific signal this cycle; coverage for these domains at the CA-AB layer remains thin given the single-jurisdiction scope of this dispatch. [resolved] fim-int-2026-10-11-G001 ({'scheme': 'financial_integrity', '… fim-int-2026-10-11-G001 ({'scheme': 'financial_integrity', 'value': 'D7'}): FATF mutual-evaluation status for Canada was not independently re-retrieved this cycle. [resolved] fim-int-2026-10-11-G002 ({'scheme': 'financial_integrity', '… fim-int-2026-10-11-G002 ({'scheme': 'financial_integrity', 'value': 'D1'}): D1/D2/D3/D4/D6 thin coverage for CA-AB this cycle; no dedicated primary-source search run beyond what carried through from the baseline. [resolved] fim-int-2026-10-11-G003: Tier-D jurisdiction (KH/LA/MX/CO) s… fim-int-2026-10-11-G003: Tier-D jurisdiction (KH/LA/MX/CO) sweep not run this cycle given single-jurisdiction CA-AB-scoped dispatch. [resolved] fim-int-2026-10-18-G001 ({'scheme': 'financial_integrity', '… fim-int-2026-10-18-G001 ({'scheme': 'financial_integrity', 'value': 'D7'}): ASC's own release text for the Nathoo settlement does not confirm the eight-year market ban / C$105,000 penalty figures reported by secondary T3 sources. [open] fim-int-2026-10-18-G002 ({'scheme': 'financial_integrity', '… fim-int-2026-10-18-G002 ({'scheme': 'financial_integrity', 'value': 'D7'}): Full T1 primary text of the ASC-FINTRAC cooperation statement was not independently retrieved this cycle; only a T4 aggregator and a T1 headline-listing were available. [open] fim-int-2026-10-25-G001 ({'scheme': 'financial_integrity', '… fim-int-2026-10-25-G001 ({'scheme': 'financial_integrity', 'value': 'D1'}): No D1 Sanctions-architecture finding specific to CA-AB was located this cycle. [open] fim-int-2026-10-25-G002 ({'scheme': 'financial_integrity', '… fim-int-2026-10-25-G002 ({'scheme': 'financial_integrity', 'value': 'D4'}): No D4 Conflict Finance finding specific to CA-AB was located this cycle. [open] fim-int-2026-10-25-G003 ({'scheme': 'financial_integrity', '… fim-int-2026-10-25-G003 ({'scheme': 'financial_integrity', 'value': 'D2'}): No primary Government of Alberta statement located confirming or denying pending beneficial-ownership transparency legislation. [open] fim-int-2026-10-25-G004 ({'scheme': 'financial_integrity', '… fim-int-2026-10-25-G004 ({'scheme': 'financial_integrity', 'value': 'D3'}): No AGLC primary enforcement notice located confirming whether the payment-processor enforcement lever has been operationalized. [open] FIM-GAP-001 (D2): Alberta has not committed to feeding provi… FIM-GAP-001 (D2): Alberta has not committed to feeding provincially-incorporated company beneficial-ownership data into Canada's federal public registry, unlike British Columbia, which moved toward early adoption following a provincial commission recommendation. FIM-GAP-002 (D6): Canada's national commission of inquiry (C… FIM-GAP-002 (D6): Canada's national commission of inquiry (Cullen Commission, British Columbia) found FINTRAC disclosed only 2,057 of over 31 million reports received to law enforcement nationally in 2019-20, a systemic intelligence-sharing gap in the same federal FIU that supervises Alberta reporting entities. FIM-GAP-003 (D3): Following a Supreme Court ruling, Canada's… FIM-GAP-003 (D3): Following a Supreme Court ruling, Canada's AML/CFT regime remains inoperative against legal counsel, law firms and Quebec notaries, a nationwide constitutional carve-out that includes the Alberta legal profession acting as corporate/real-estate transaction gatekeepers. FIM-GAP-004 (D1): No Alberta-specific (sub-national) sanctio… FIM-GAP-004 (D1): No Alberta-specific (sub-national) sanctions listing, delisting or licensing action distinct from national-level Canadian SEMA measures was identified in the research window; Canada's sanctions regime is exclusively federal with no provincial sanctions-issuing authority. ## Evidence #### Confidence-tiered claims Maximum per-violation AMPs raised from $100,000/$500,000 to $4,000,000/$20,000,000 (person/entity); cumulative cap the greater of $20M or 3% of gross global revenue; mandatory compliance agreements; applicable to violations after 26 March 2026. [[Source 1]](#sec-sources) Probable · 1 source FINTRAC penalty of $91,162.50 (notice dated 26 March 2026) for deficiencies in written AML policies/procedures, risk assessment, training and programme review. [[Source 1]](#sec-sources) Probable · 1 source ASC applies the pan-Canadian CSA-coordinated dealer/marketplace characterisation to crypto-asset trading platforms; no bespoke Alberta crypto statute. [[Source 1]](#sec-sources) Probable · 1 source $219M purchase of 1.38M Strategy Inc. (MSTR) shares, disclosed in a filing dated 29 April 2026; first reported Bitcoin-adjacent exposure. [[Source 1]](#sec-sources) Probable · 1 source Non-binding LOI (6 July 2026) to acquire the Bantry Data data-centre site in Alberta for $2.3M, expanding Bitcoin-mining footprint toward AI/HPC infrastructure. [[Source 1]](#sec-sources) Probable · 1 source Market manipulation and insider-reporting violations involving Softlab9 shares; settlement with the Alberta Securities Commission dated Oct 15, 2026. [[Source 1]](#sec-sources) Probable · 1 source Eight-year market ban and C$105,000 payment, per secondary reporting (not confirmed on ASC's own release text retrieved this cycle). [[Source 1]](#sec-sources) Uncertain · 1 source ASC publicly credited FINTRAC's financial intelligence contribution to an ongoing, unrelated Alberta market-manipulation investigation. [[Source 1]](#sec-sources) Probable · 1 source No bespoke provincial AML statute or FIU exists in Alberta; FINTRAC's federal PCMLTFA regime (reporting entities, STR/LCTR obligations) applies uniformly, overlaid by ASC securities-registrant obligations for Alberta securities registrants including crypto trading platforms. [[Source 1]](#sec-sources) Probable · 1 source Enacted Mar 26, 2026 but implementing regulations pending, targeted for 2027; will interact with Calgary-based Tetra Trust/CAD Digital's CADD stablecoin operating under provincial Treasury Board approval since May 4, 2026. [[Source 1]](#sec-sources) Probable · 1 source Payment-processor pressure and cease-and-desist letters, modelled on U.S. state approaches, as levers against unlicensed Alberta gambling operators post-13-Oct-2026 deadline [[Source 1]](#sec-sources) Probable · 1 source Alberta remains the principal Canadian jurisdiction without a provincial beneficial-ownership transparency register; corporations file only top-five voting shareholders with their annual return, in contrast to the federal CBCA register, Quebec's public register and BC's forthcoming register [[Source 1]](#sec-sources) Uncertain · 1 source