FINTRAC Imposes Penalty on Manor Windsor Realty Ltd.

Canada FINTRAC News & Advisories

Filed February 12th, 2026

Detected March 13th, 2026

Summary

FINTRAC has imposed an administrative monetary penalty of $107,250 on Manor Windsor Realty Ltd. The real estate brokerage was found to be non-compliant with several provisions of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.

View original document View source feed page

What changed

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has issued an administrative monetary penalty of $107,250 to Manor Windsor Realty Ltd., a real estate brokerage. This penalty, imposed on November 27, 2025, stems from a compliance examination that identified violations including failure to maintain up-to-date written compliance policies and procedures, inadequate risk assessment and documentation, lack of a written ongoing compliance training program, and insufficient review of the compliance program's effectiveness.

This enforcement action highlights the critical importance of robust anti-money laundering and terrorist financing compliance programs for real estate businesses. Manor Windsor Realty Ltd. and other entities in this sector must ensure they have comprehensive policies, conduct thorough risk assessments, provide adequate training, and regularly review their compliance frameworks. Failure to do so can result in significant financial penalties, underscoring the need for proactive compliance management.

What to do next

Review and update written compliance policies and procedures to ensure they are current and approved by senior management.
Implement or enhance risk assessment processes to identify and document money laundering and terrorist financing risks.
Develop and maintain a written, ongoing compliance training program for all relevant personnel.
Institute and document a regular review process to test the effectiveness of the compliance program.

Penalties

$107,250

Source document (simplified)

FINTRAC imposes an administrative monetary penalty on Manor Windsor Realty Ltd.

News release

February 12, 2026 — Ottawa

FINTRAC announced today that it has imposed an administrative monetary penalty on Manor Windsor Realty Ltd. Following a compliance examination, this real estate brokerage in Windsor, Ontario, was imposed an administrative monetary penalty of $107,250 on November 27, 2025, for non-compliance with Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations.

Manor Windsor Realty Ltd. was found to have committed the following administrative violations:

Failure to develop and apply written compliance policies and procedures that are kept up to date and are approved by a senior officer.
Failure to assess and document the risk of a money laundering offence or a terrorist activity financing offence in the course of its activities, taking into consideration the prescribed factors.
Failure to develop and maintain a written, ongoing compliance training program.
Failure to institute and document the prescribed review of its compliance program for the purpose of testing its effectiveness.

Quote

“Canada’s Anti-Money Laundering and Anti-Terrorist Financing Regime is in place to protect the safety of Canadians and the security of Canada’s economy. FINTRAC works with businesses to help them understand and comply with their obligations under the Act. We are also firm in ensuring that businesses continue to do their part and we will take appropriate actions when they are needed.”

Quick facts

As Canada's financial intelligence unit and anti-money laundering and anti-terrorist financing supervisor, FINTRAC ensures that businesses subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act comply with their obligations under the Act and associated Regulations. The Centre also analyzes information and discloses financial intelligence to law enforcement and national security agencies to assist their investigations of money laundering, terrorist activity financing, sanctions evasion and threats to the security of Canada.
Casinos, financial entities, money services businesses, real estate brokers and sales representatives and several other business sectors are required under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to keep certain records, identify clients, maintain a compliance regime and report certain financial transactions to FINTRAC, including international electronic funds transfers, large cash transactions, large virtual currency transactions and suspicious transactions.
Suspicious transaction reporting, in particular, is critical to FINTRAC’s ability to generate actionable financial intelligence for Canada’s law enforcement and national security agencies.
Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, administrative monetary penalties are meant to encourage change in the non-compliant behaviour of businesses.
In 2024–25, FINTRAC issued 23 Notices of Violation of non-compliance to businesses, the largest number in one year in the Centre’s history, for a total of more than $25 million.
FINTRAC has imposed more than 150 penalties across most business sectors since it received the legislative authority to do so in 2008.