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Guidance and resources for businesses (reporting entities)

From: Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)

Notices to reporting entities

The latest on obligations, reporting and examinations

Sector-specific guidance

Resources

Modernization and upcoming changes impacting reporting entities

New initiatives that FINTRAC is implementing, which impact reporting entities (businesses and individuals).

All FINTRAC guidance

A comprehensive list of all the guidance on the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations developed by FINTRAC.

Policy interpretations database

FINTRAC issues policy interpretations to provide technical interpretations and positions regarding certain provisions contained in the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations.

Methods to submit reports to FINTRAC

Submit reports to FINTRAC electronically through the FINTRAC Web Reporting System, FINTRAC API report submission, and the Report upload for Generation 1 reports, or access paper reporting forms.

Examinations

How FINTRAC conducts examinations to ensure compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations. This section includes the FINTRAC Assessment Manual and provides information on submitting a voluntary self-declaration of non-compliance.

Penalties

Non-compliance with Parts 1 and 1.1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act may result in criminal or administrative monetary penalties.

Reviews and appeals

Learn how you can request a review of your file by the Director and Chief Executive Officer of FINTRAC.

Charging reporting entities for FINTRAC's compliance program Added on October 12, 2023

Learn about the assessment of expenses funding model being implemented by FINTRAC on April 1, 2024 to charge reporting entities (businesses and individuals) for the annual cost of its compliance program.

Legislation and regulations Updated on October 12, 2023

Learn about the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations.

Learning resources

Videos that explain your role in the fight against money laundering and terrorist financing and certain compliance obligations.

Introduction to FINTRAC

New to FINTRAC? Consult orientation documents for businesses new to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations.

Guidance glossary

Definition of terms used throughout FINTRAC's compliance guidance.

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