Schedule to implement changes to FINTRAC’s reporting forms
From: Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
Learn about the Financial Transactions and Reports 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 July 2023
- Key milestones
- Stay informed
- Related links
Schedule Updated in July 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 (May 2023) |
|---|---|---|---|---|---|---|
| Large Virtual Currency Transaction Report (LVCTR) | Completed | Completed | July 2022 |
|
|
No changes |
| Large Cash Transaction Report (LCTR) | Completed | Completed | July 2022 | API testing availability: May 8, 2023 | October 21, 2023 | No changes |
| Suspicious Transaction Report (STR) | July 2022 | June 2023 | June 2023 | July 2023 | April 6, 2024 | No changes |
| Electronic Funds Transfer Report (EFTR) | September 2022 | December 2023 | September 2023 | October 2023 | June 2024 |
|
| Casino Disbursement Report (CDR) | May 2023 | December 2023 | October 2023 | October 2023 | June 2024 |
|
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)
- the Casino Disbursement Report (CDR)
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
- Draft documents to help you prepare for changes to FINTRAC’s reporting forms Updated on August 18, 2023
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: