Adapting to New FINTRAC AML Regulations: Compliance Insights and Support for the Mortgage Industry
MNP looks forward to hosting you for a webinar designed to help you navigate the compliance requirements that took effect on October 11, 2024. As part of FINTRAC’s enhanced anti-money laundering (AML) regulations, mortgage administrators, brokers and lenders across Canada face new compliance obligations. Businesses within the mortgage industry must now implement a compliance program to combat money laundering and terrorist financing, which includes adopting necessary controls to prevent and detect suspicious transactions, as well as ensure they meet all reporting, identification, and record-keeping obligations. Real estate developers and brokers have already been subject to these rules since 2021.
Don’t miss this opportunity to stay informed and ensure your business is fully prepared. Have a specific question you'd like addressed during the webinar? Submit your queries using the form below, and our experts will ensure they are covered during the session. Register today to secure your spot!
This webinar will provide an in-depth overview of the regulatory changes and offer practical guidance on how to navigate the new requirements effectively. We’ll cover:
- Key regulatory requirements and what they mean for your business.
- The impact on the industry.
- Strategies for compliance and how MNP can support your efforts.
- Q&A session to address your specific questions.
Presenters
Sara is a member of MNP’s Forensics and Litigation Support Services team in Calgary. Sara manages MNP’s Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) portfolio for Western Canada, and conducts forensic accounting and workplace misconduct investigations for a wide range of public and private clients.
Mondiu is a Partner with MNP’s Forensics and Litigation Support team in Toronto and leads the firm's Anti-Money Laundering and Anti-Terrorist Financing (AML / ATF) portfolio in Ontario. He provides strategic AML / ATF advisory services to help reporting entities manage and reduce risk and remain in compliance with evolving regulatory requirements. These regulatory obligations include the proceeds of crime (ML) and Terrorist Financing Act, sanctions evasion, associated regulations, and Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Guidelines.