Charity CNE Casino Challenges $199K Anti‑Money Laundering Fines
A charitable gaming operation held at Toronto’s Canadian National Exhibition (CNE)—known as the CNE Casino—has initiated an appeal in Federal Court after being penalized nearly $200,000 by the federal anti‑money laundering watchdog, FINTRAC. The case stems from the charity casino’s failure, in FINTRAC’s view, to maintain adequate risk assessment procedures and to carry out a required biennial effectiveness review […]
A charitable gaming operation held at Toronto’s Canadian National Exhibition (CNE)—known as the CNE Casino—has initiated an appeal in Federal Court after being penalized nearly $200,000 by the federal anti‑money laundering watchdog, FINTRAC. The case stems from the charity casino’s failure, in FINTRAC’s view, to maintain adequate risk assessment procedures and to carry out a required biennial effectiveness review […]
