The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) published a recording of a webinar held in March 2025 on the reporting requirements relating to sanctions evasions and sanctioned property, and on the fight against illegal fentanyl financing.
Webinar recording: Sanctions evasion, property reporting and the fight against illegal fentanyl financing
The webinar was held to help businesses understand obligations relating to Canada’s sanctions regime, and how to report sanctions evasion-related transactions and property associated to a listed person or entity to FINTRAC.
• Since March 2, 2025, businesses subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act must submit a Listed Person or Entity Property Report to FINTRAC when they are required to make a disclosure under the United Nations Act.
• Starting October 1, 2025, businesses will also need to submit a Listed Person or Entity Property Report to FINTRAC when required to make a disclosure under the Special Economic Measures Act or the Justice for Victims of Corrupt Officials Act.
For more information, consult: Reporting listed person or entity property to FINTRAC.
These requirements are in addition to the obligation to report transactions where there are reasonable grounds to suspect that they are related to sanctions evasion. Businesses must report these transactions using the Suspicious Transaction Report.
For more information, consult: Report suspected sanctions evasion.
Additional resources:
• Video 1 – The importance of suspicious transaction reports
• Video 2 – Understanding reasonable grounds to suspect
• Video 3 – What to consider when submitting a suspicious transaction report
For questions, please contact FINTRAC by telephone at 1-866-346-8722 (toll-free) or by email at guidelines-lignesdirectrices@
