FINTRAC announced today that it has imposed an administrative monetary penalty on Griffin Jewellery Designs Inc. Following a compliance examination, Griffin Jewellery Designs Inc., a full-service jewellery retailer with 21 locations across Ontario, Nova Scotia and New Brunswick, was imposed an administrative monetary penalty of $77,137.50 on October 17, 2025, for non-compliance with Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations.
News release: https://fintrac-canafe.canada.
Public notice: https://fintrac-canafe.canada.
