The Royal Bank of Canada (RBC) is paying millions of dollars in fines to three regulators in two countries for violating accounting standards stretching back more than 10 years.
Canada’s biggest bank is paying $2 million to the Ontario Securities Commission (OSC), $2 million to the Autorité des marchés financiers (AMF) in Quebec, and $6 million to the U.S. Securities and Exchange Commission (SEC).
