Anti-Money Laundering (AML) Consultancy & Compliance Services in Canada
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.
Specialist AML Advisory Across High-Risk Sectors
We provide targeted Anti-money laundering investigator insights for:
- Money Service Businesses (MSBs): AML Canada registration and reporting support.
- Real Estate Developers & Brokers: Fulfillment of AML certification in Canada for property transactions.
- Virtual Asset Service Providers (VASP/Crypto): On-chain transaction tracing and wallet attribution to de-anonymize illicit fund flows for blockchain-based assets.
- Credit Unions & Mortgage Lenders: Scalable anti-money laundering compliance frameworks.
- Precious Metals & Stones Dealers: Strong AML compliance for high-value inventory.
Master Canada’s Evolving AML Regulatory Framework
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.
Latest News & Regulatory Updates
Professional AML Consulting Services for Your Canadian Business
Our AML consulting services provide the technical depth required to satisfy federal auditors, for example:
- AML/CTF Program Development: We build custom policies and procedures that form the foundation of your AML compliance.
- Independent Effectiveness Reviews: Experts conduct the mandatory 2-year FINTRAC audit to prepare a defensible report on your AML protocols in Canada.
- Risk Assessment & Gap Analysis: Our AML investigators identify vulnerabilities and apply AML compliance consulting logic to remediate issues before the regulator arrives.
- Ongoing Compliance Support: Access an outsourced CAMLO through our AML consulting services for consistent oversight and anti-money laundering compliance maintenance.
Who We Are
Our Mission
Message From CEO
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.
Anna Maison
Experience
Strategy
Partnership
Why Canadian Businesses Trust Fortis for Strategic Compliance
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.
Expert Guidance on Evolving Regulatory Standards
We keep your organization ahead of the curve with proactive analysis and specialized support in key areas of the PCMLTFA:
- Strategic Preparation for FINTRAC Examinations and Reviews
- Navigating Independent Effectiveness Review (CER) Requirements
- The Evolving Role of Investigative Logic in Financial Crime Prevention
- Compliance Support for Retail Payment Activities Act (RPAA) Registration
Expert Tips for Maintenance of Your Compliance Framework
To maintain the integrity of your AML compliance, follow these steps:
Bi-Annual Policy Refresh:
Review your program every six months to incorporate new legislative updates.
Annual Staff Training:
Conduct AML refresher courses for all to minimize human error.
Digital Hygiene:
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.
FAQs
How long does a typical FINTRAC registration or update take to process?
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.
What specific triggers require a Suspicious Transaction Report (STR) filing?
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.
Can your consultancy assist with "Look-back" projects for historical transactions?
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.
Does my business need a full-time in-house Compliance Officer?
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.
What are the consequences of failing to meet Canadian PEP screening requirements?
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.