Video 1 – The importance of suspicious transaction reports
From: Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
The first video (of a series of 3) explaining the importance of suspicious transaction reports.
Video
Video length: 3:06 minutes
Catalogue number: FD4-43/2025E-MP4
ISBN: 978-0-660-75942-5
Descriptive transcript of the video “Video 1 – The importance of suspicious transaction reports”
| Slide # | Narration (audio) | On screen description (text or image) |
|---|---|---|
1 |
Music: A music track with a subtle, serious tone begins full volume, then lowers to the background as the narration begins. |
Animation: the FINTRAC logo appears on a white background along with the opening title: Diamond shapes and bands of colour enter the right frame, shifting and unfolding, slowly revealing a dark blue digital realm underneath. |
2 |
The Financial Transactions and Reports Analysis Centre of Canada is Canada's financial intelligence unit and anti-money laundering and anti-terrorist financing supervisor. Businesses subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act must report completed or attempted suspicious transactions to FINTRAC when there are reasonable grounds to suspect that the transaction is related to a money laundering, terrorist financing or sanctions evasion offence. This can be done by submitting a suspicious transaction report, commonly referred to as an STR. This video looks at why suspicious transaction reports are important. |
Animation: as the diamond shapes travel across the white frame, the title disappears leaving only the organization’s acronym which emerges alongside the logo. Financial Transactions and Reports Analysis Centre of Canada (morphs to) FINTRAC FINTRAC remains as the bands of colour progress all the way across the white background to fully reveal the dark blue digital realm underneath. Money laundering (i.e., a bag with currency and bitcoin icons inside it) and terrorist financing (i.e. face bearing caution sign) icons float alongside the words reasonable grounds to suspect. A collection of high-tech boxes materializes in front of the dark blue background. Text appears on this “deconstructed” digital depiction of the report. It reads: suspicious transaction report. The letters str lift off the report and become capitalized. STR floats in the foreground, then disappears. The report becomes the prominent layer. |
3 |
Suspicious transaction reports are a unique tool for FINTRAC. Here’s why:
|
Animation: Three hi-tech call-out boxes emit from the report, one after the other. Each box hovers, front and centre, bearing text corresponding to the narration. No minimum monetary threshold Completed or attempted transactions Include all reasons for suspicion, nicknames |
4 |
FINTRAC reviews every suspicious transaction report it receives. When information is relevant to an investigation or prosecution of a money laundering, terrorist financing or sanctions evasion offence, or threatens the security of Canada, we make a financial intelligence disclosure to the appropriate law enforcement or national security agency. |
Animation: The call-out boxes disappear as a large magnifying glass enters the frame and passes over the depiction of the suspicious transaction report. As it does, several icons materialize in its lens, including: a money laundering icon, a terrorist financing icon, and an icon with an exclamation mark on a Canadian flag. The magnifying glass leaves the frame, taking everything with it. Another “deconstructed” digital depiction of a document marked financial intelligence disclosure appears. An icon for enforcement and a national security agency (i.e., a shield with a star on it) pops up in front of the document. |
5 |
A single disclosure may contain information from thousands of financial transaction reports and the value of the transactions may be in the hundreds of millions of dollars. Disclosures help to expose the people, organizations and networks involved in criminal and illegal activities. |
Animation: the security icon disappears as the view slowly zooms out to reveal a web of icons connected to the disclosure document—like a vector star map. Each icon is a small suspicious transaction report. These icons morph into money icons. The view zooms close to one of these money icons then travels along the web of interconnected lines between icons of people (groups and individuals) and more money icons. |
6 |
Money laundering, terrorist financing and sanctions evasion jeopardize our financial system's integrity and damage the Canadian economy. They fuel corruption, eroding public institutions and impacting government revenues and international credibility. By complying with your legal obligations, you are deterring criminals, protecting the legitimate economy and targeting the organized networks threatening Canadians. You are also helping FINTRAC gather insights on patterns, vulnerabilities and emerging threats within Canada’s financial system. And you are helping to enhance the reputation of regulated businesses while building trust with customers, shareholders and regulators. |
Animation: The red lines begin to transform into stock charts that start to break apart, shudder and rematerialize. The money laundering and terrorist financing icons are joined by icons for corruption and government erosion (i.e. an envelope of money and a crumbling government building). The depiction of the suspicious transaction report enters the frame causing all of the icons to disappear as the stock chart stabilizes. The images transform into a digital map of Canada that glows with crisscrossing lines, patterns, and flashing alerts. Instead of icons, text layers across the map, timed to the narrator: Helping to enhance the reputation of regulated businesses Building trust with customers, shareholders, and regulators |
7 |
We all have a role to play in the detection, prevention and deterrence of money laundering, terrorist financing and sanctions evasion. Stay up to date on current money laundering and terrorist financing indicators and sanctions evasion characteristics, emerging risks and threats, news and more by visiting our website at fintrac-canafe.canada.ca |
Animation: Icons for money laundering and terrorist financing circle the digital globe. Closing motion graphic title: Learn more at: fintrac-canafe.canada.ca Canada wordmark |
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