U.S. sanctions eight Canadian money services firms

U.S. Treasury

The U.S. Treasury imposed financial sanctions on eight Canada-based money services firms over alleged transactions with sanctioned Iranian entities. The Treasury said several targets also worked with Ryan Wedding, a former Olympic snowboarder and narcotrafficker. The sanctions were coordinated with Fintrac, Canada's anti-money-laundering watchdog. Earlier U.S. sanctions targeted Indian and Turkish firms accused of helping Iran; the Treasury said an Indian couple faked ship registries for countries including Guyana and Laos to assist Iranian tankers.

Nov 6, 2026

USA

The sanctions targeted firms the Treasury alleges facilitated transactions with sanctioned Iranian entities. The Treasury also said several targets worked with Ryan Wedding. Earlier sanctions targeted firms accused of helping Iran, including through faked ship registries intended to assist Iranian tankers.