Schedule to implement changes to FINTRAC’s reporting forms
From: Financial Transactions and Reports Analysis Centre (FINTRAC)
Learn about the Financial Transaction and Reporting Analysis Centre of Canada's (FINTRAC's) schedule and key milestones to implement important changes to its reporting forms.
On this page
- Schedule updated in March 2023
- Key milestones
- Stay informed
- Related links
Schedule updated in March 2023
| Form type | Begin form design | Design packageFootnote * released in draft format | Start of technical implementation | Testing availability | Form release | Changes compared to previous schedule (August 2022) |
|---|---|---|---|---|---|---|
| Large Virtual Cash Transaction Report (LVCTR) | Completed | Completed | July 2022 | October 2022 | January 2023 | Not changed – Schedule currently under review |
| Large Cash Transaction Report (LCTR) | Completed | Completed | July 2022 | April 2023 (updated) | October 2023 (updated) | Updated
|
| Suspicious Transaction Report (STR) | July 2022 | December 2022 | December 2022 | June 2023 | September 2023 | Not changed – Schedule currently under review (should be updated in April 2023) |
| Electronic Funds Transfer Report (EFTR) | September 2022 | July 2023 | June 2023 | December 2023 | March 2024 | Not changed – Schedule currently under review |
| Casino Disbursement Report (CDR) | March 2023 | September 2023 | September 2023 | March 2024 | June 2024 | Not changed – Schedule currently under review |
Key milestones
- In an effort to further improve the effectiveness of Canada's anti-money laundering and anti-terrorist financing regime, 3 sets of regulatory amendments were published in the Canada Gazette:
- July 10, 2019: Regulations Amending Certain Regulations Made Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, 2019: SOR/2019-240 (Canada Gazette, Part II, Volume 153, Number 14)
- June 10, 2020: Regulations Amending the Regulations Amending Certain Regulations Made Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, 2019: SOR/2020-112 (Canada Gazette, Part II, Volume 154, Number 12)
- April 27, 2022: Regulations Amending the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations and the Proceeds of Crime (Money Laundering) and Terrorist Financing Administrative Monetary Penalties Regulations: SOR/2022-76 (Canada Gazette, Part II, Volume 156, Number 9)
- In 2020 and 2021, FINTRAC designed and implemented the new Large Virtual Currency Transaction Report (LVCTR) form
- Between 2022 and 2024, FINTRAC is focusing on updating and modernizing the following forms:
- the Large Cash Transaction Report (LCTR)
- the Suspicious Transaction Report (STR)
- the Electronic Funds Transfer Report (EFTR)
Stay informed
We are committed to informing you promptly of any updates to this schedule.
We will communicate any updates that may occur, on this website, as well as through existing working groups.
To ensure you receive timely updates (and other important FINTRAC news), subscribe to FINTRAC’s mailing list.
Related links
Canada Gazette
- Regulations Amending Certain Regulations Made Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, 2019: SOR/2019-240 (Canada Gazette, Part II, Volume 153, Number 14)
- Regulations Amending the Regulations Amending Certain Regulations Made Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, 2019: SOR/2020-112 (Canada Gazette, Part II, Volume 154, Number 12)
- Regulations Amending the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations and the Proceeds of Crime (Money Laundering) and Terrorist Financing Administrative Monetary Penalties Regulations: SOR/2022-76 (Canada Gazette, Part II, Volume 156, Number 9)
- Date Modified: