FINTRAC imposes a $107,250 penalty on Manor Windsor Realty Ltd. for serious AML compliance lapses, exposing vulnerabilities in real estate financial crime controls

Manor Windsor Realty Ltd. was found to have committed multiple administrative breaches, including failing to maintain senior-approved, up-to-date compliance policies and procedures, properly assess and document ML/TF risks, implement an ongoing written training programme, and conduct the required effectiveness review of its compliance framework…