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    Brief: FCAC Applies An Administrative Monetary Penalty Of $4.25 Million On Royal Bank Of Canada

    Picture of Royal Bank of Canada logoRoyal Bank of Canada
    25/06/2026 18:39
    BRIEF-FCAC Applies An Administrative Monetary Penalty Of $4.25 Million On Royal Bank Of Canada 
    June 25 (Reuters) - FCAC:
    • FCAC: APPLIED AN ADMINISTRATIVE MONETARY PENALTY OF $4.25 MILLION ON ROYAL BANK OF CANADA FOR A VIOLATION OF CONSUMER PROVISIONS IN BANK ACT
    • FCAC: TOTAL OF 227,947 ACCOUNTS WERE IMPACTED FINANCIALLY, AND RBC TRANSFERRED AND REFUNDED MORE THAN $22.4 MILLION
    Source text: ID:nCNWX2bGDa
    Further company coverage: RY.TO

     ((Reuters.Briefs@thomsonreuters.com;))

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