Recent FINTRAC exams challenges on Reasonable Grounds to Suspect
FINTRAC published its “Publication of updated and new guidance”
On May 4, 2021, FINTRAC published its “Publication of updated and new guidance” that referenced webpage updates on Compliance Program Requirements, 3rd Party, PEP FAQ, reporting, FMSB, and so much more. Through a CMSBA request and response from FINTRAC, those that were most important are listed below. As a Regulated Entity, it would...
Carinta Mannarelli chats it up with Adam Feldman of The AML Shop on up and coming regulations impact on MSBs
Watch here!
Letter to the Minister of Finance, Finance Canada, and FINTRAC on behalf of Dealer in Virtual Currencies Request a deferral to June 1, 2021 Coming into Force
Re: Seeking a nine-month deferral of the Coming into Force dates for selected changes to the PCMLTFR1 and PCMLTFRR2 Rationale: To give FINTRAC and Reporting Entities (RE) the opportunity to provide adequate notice for Canada to align with international standards and expectations Read more
2021 CMSBA Canada Spring Training Session
The Canadian MSB Association Spring Training Session is back! The spring training session will take place over two half days and will give you a chance to learn and find out what is new in the industry while learning new subjects that will help your business from the comfort of...
STR for dummies: How to do it effectively and efficiently
Does the thought of writing a Suspicious Transaction Report (STR) to FINTRAC make you nervous? Is the concept of reasonable grounds to suspect (RGS) keeping you up at night? Are you frustrated by the required fields? What makes a bad STR and how can you ensure your STR gets read...
⌛ WEBINAR: Detecting and Countering Dark Web Money Laundering Risks ⌛
See document