Quebec's stock market regulator can go after Canada's Panama Papers kingpin, Supreme Court rules

A 7-1 majority of the Supreme Court of Canada has ruled that Quebec’s Autorité des marchés financiers can proceed with trying to have Fred Sharp, Canada’s kingpin in the Panama Papers, banned for five years from the province’s stock market.

Quebec's stock market regulator can go after Canada's Panama Papers kingpin, Supreme Court rules
Image shows a screengrab from the short film Look Both Ways by Fred Sharp's son. Sharp acted in it, and is seen here in a scene. Sharp, a former lawyer from West Vancouver, was the 'mastermind' behind a 'shadow bank' that brought in hundreds of millions of dollars from offshore accounts into Canada for wealthy clients to use, according to a draft internal CRA report from 2018.

A 7-1 majority of the Supreme Court of Canada has ruled that Quebec’s Autorité des marchés financiers can proceed with trying to have Fred Sharp, Canada’s kingpin in the Panama Papers, banned for five years from the province’s stock market.