Regulatory Alerts2026-02-12
FINTRAC imposes an administrative monetary penalty on Manor Windsor Realty Ltd
FINTRAC imposed a $107,250 administrative monetary penalty on Windsor, Ontario-based Manor Windsor Realty Ltd. for non-compliance with Canada’s anti-money laundering and terrorist financing regulations. The brokerage was cited for failing to develop and maintain updated written compliance policies, conduct prescribed risk assessments, implement an ongoing staff training program, and document periodic reviews of its compliance framework. Issued under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, the penalty reinforces FINTRAC’s mandate to enforce mandatory compliance and reporting obligations across regulated sectors.
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