By Lionel J. Perez ( September 2, 2026, 9:50 AM EDT) -- One provision of Canada’s anti-money-laundering penalty regime is quoted more often than it is read. Section 4(2) of the Administrative Monetary Penalties Regulation provides that a series of minor violations identified on a notice of violation “shall be considered to be a serious violation” where the penalties total $400,000 or more. That sentence has appeared, in substantially that form, in law firm bulletins, compliance explainers and vendor guides published since the regime was overhauled in March 2026....