FINTRAC imposes an administrative monetary penalty on Global West Realty Limited, a real estate broker in Mississauga, Ontario

Global West Realty Limited was found to have failed to:
ensure that an appointed person be responsible for implementing a compliance program;
develop and apply written compliance policies and procedures;
assess and document money laundering or terrorist activity financing risks;
develop and maintain a written ongoing compliance training program; and
institute and document the prescribed review of its policies and procedures, risk assessment and training program.