Zenoo Compliance Brief
FinCEN, SEC, FINRA Fine Canaccord Genuity $100M for AML Failures
Plus, Swiss regulator penalizes Mirabaud Bank $15M, OFAC issues General License 35 for counterterrorism, and Diligent launches third-party risk AI agent.
17 April 2026 · 4 min read
Canaccord Genuity has been hit with a $100 million penalty, the largest AML fine against a broker-dealer on record, for willful failures across its OTC market-making surveillance. The consent order flags unreviewed suspicious activity reports and a broken BSA programme. Today we also cover a Swiss enforcement action against Mirabaud, fresh OFAC licensing guidance, and a new third-party risk tool hitting the market. Read on.
In today's brief
- 1 Why did unreviewed suspicious activity reports at an OTC market-maker trigger the largest broker-dealer AML fine on record?
- 2 Does Mirabaud's $15m penalty signal tougher executive accountability for AML breakdowns?
- 3 OFAC's new counterterrorism license: what it means for blocked entity exits globally.
- 4 Can AI agents cut vendor due diligence workload in half without regulatory compromise?
Subscribe to keep reading.
This content is free, but you must be subscribed to the Zenoo Compliance Brief to continue reading.
Free · Curated by compliance practitioners · Zero spam
Already a subscriber?