Protect your business from regulatory checks with the highest standard of Canadian compliance.
Our AML consultancy provides expert FINTRAC compliance advisory for MSBs, Real Estate, and Financial Institutions. Gain access to tested strategies developed by anti-money laundering investigator professionals with decades of experience in the Canadian Regulatory Market.
Staying ahead of Canada’s AML regulatory environment requires constant vigilance regarding the 2024/2025 reporting changes. Our AML compliance consulting team monitors every update to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). The team fully aligns with the current standards of AML in Canada to protect your brand from severe reputational damage due to non-compliance.
Our AML consulting services provide the technical depth required to satisfy federal auditors, for example:
We provide targeted Anti-money laundering investigator insights for:
Having held Chief Anti-Money Laundering Officer (CAMLO) and Chief Compliance Officer (CCO) roles both in Canada and internationally, Anna’s significant enterprise experience helps Canadian financial institutions (including credit unions), securities businesses, and mortgage lending businesses comprehensively and holistically manage AML compliance risk and anti-money laundering regulations.
Selecting a compliance partner is a critical decision for your institutional security. At Fortis, we move beyond generic templates by providing a tailored engagement model that aligns with your specific risk appetite and operational goals. Our senior advisors bring hands-on experience in navigating complex FINTRAC mandates, ensuring your business remains resilient and fully prepared for regulatory scrutiny.
We keep your organization ahead of the curve with proactive analysis and specialized support in key areas of the PCMLTFA:
Review your program every six months to incorporate new legislative updates.
Conduct AML refresher courses for all to minimize human error.
Regularly update your AML compliance consulting software and screening databases to prevent data decay.Audit Readiness: Keep all records organized according to PCMLTFA standards to facilitate a smooth Independent Effectiveness Review.
Most registrations are processed within 5 to 10 business days, though complex corporate structures may require additional time for verification. Our AML consultancy company manage the entire submission process to prevent administrative delays.
An STR must be filed when there are reasonable grounds to suspect that a transaction is related to money laundering or terrorist financing. This assessment is based on behavioural patterns rather than just specific dollar thresholds.
Yes, our AML consultancy service providers conduct comprehensive remediation projects to analyze past data for missed reporting or high-risk activity. It helps your firm self-disclose errors to FINTRAC before they are discovered during an official examination.
While you must appoint a Compliance Officer (CAMO), many firms use our outsourced support to fulfill the technical requirements. Outsourcing allows your internal staff to focus on operations as our anti money laundering investigators handle the regulatory oversight completely.
Failure to identify Politically Exposed Persons (PEPs) can lead to Administrative Monetary Penalties (AMPs) exceeding $100,000 per violation. We implement automated screening tools to ensure your identification of high-risk clients remains accurate and defensible.
