Financial institutions and other businesses in Canada are now required to fight money laundering, and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is watching to make sure you do. FINTRAC’s key tools to encourage and enforce compliance are public monetary penalties, remediation orders, and threats of criminal action. The consequences of non-compliance can threaten your organization’s assets, reputation and focus.
Understanding and applying anti-money laundering obligations can be difficult. How do your peers approach those obligations? What do your regulator and financial service partners expect of your compliance program?
MNP AML Compliance has developed and evaluated hundreds of anti-money laundering compliance programs for all business sectors – to the satisfaction of their regulators and financial service partners.
AML Compliance Leadership Team