CNE Casino appeals FINTRAC’s $199,000 penalty in Federal Court
CNE Casino has appealed in Federal Court against a $199,000 penalty imposed by FINTRAC over alleged failures in its risk assessment and compliance programme review. The casino denies violating the federal anti-money-laundering law and says its seasonal operation conducts annual reviews; the court has not yet set a hearing.
The appeal challenges FINTRAC’s enforcement decision and may clarify compliance expectations for seasonal casino operations.