Day: October 18, 2022

Written by FinCrime

3 Former CannTrust Executives Face Fraud, Insider Trading Charges

Reported by: Tony Lange Charges against three former cannabis executives in Ontario could set a legal precedent for publicly traded cannabis companies that fail to comply with provincial regulations—notably securities offenses—in Canada.  Legal proceedings are expected to begin Oct. 17 in the Ontario Court of Justice involving CannTrust Holdings Inc.’s (now doing business as Phoena […]

Written by FinCrime

US and UK agree to bolster co-operation on Russia sanctions

Reported by: James Politi The US and UK have agreed to bolster their co-operation in implementing and enforcing financial sanctions as they try to make it harder for Russia and other countries to elude economic punishment imposed by the west. In a joint announcement due to be published on Monday and obtained by the Financial […]