FINTRAC updates guidance in relation to client identification
All businesses subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the Act) must verify their clients’ identity. Verifying the identity of
All businesses subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the Act) must verify their clients’ identity. Verifying the identity of
The Government of Canada published its 2025 Assessment of Money Laundering and Terrorist Financing Risks in Canada, also referred to as the National Risk Assessment, which
The Financial Transactions and Reports Analysis Centre of Canada published its supervisory framework. The framework guides the Centre’s supervisory activities that are conducted to ensure
This operational brief provides information and guidance about the factors that expose individuals and entities (both retailers and wholesalers/suppliers) that are dealers in precious metals
n order to protect the international financial system from money laundering and terrorist financing risks, the Financial Action Task Force (FATF) issued a statement on
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
Publication of new Regulations On March 26, 2025, the Government of Canada published new Regulations in the Canada Gazette, Part II that create new obligations under
Canada’s Minister of Finance has updated the existing Ministerial directives on countermeasures to apply to transactions coming from or going to the Democratic People’s Republic
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) published new guidance and a report form for businesses subject to the Proceeds of Crime (Money
Do you have any reports that have to be filed with FINTRAC and you were unable to due to the FINTRAC cyber incident ? Due to
