FINTRAC imposes an administrative monetary penalty on Atlantic Lottery Corporation Inc.

FINTRAC imposed an administrative monetary penalty of CAD 212,025 on Atlantic Lottery Corporation Inc. (Atlantic Lottery) on May 29, 2026 following a compliance examination for violations of Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and Regulations. Identified violations included failure to submit a suspicious transaction report, failure to maintain up-to-date written compliance policies approved by a senior officer, and failure to assess and document ML/TF risk considering prescribed factors. Atlantic Lottery has paid the penalty in full and the case is closed.