FINTRAC’s 2025 Supervisory Framework introduces a proactive, risk-based, and transparent approach to monitoring and enforcing AML and CFT compliance

FINTRAC’s newly published Compliance Program Framework sets out a risk-based and transparent approach to supervising reporting entities under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. It details how FINTRAC assesses sector and entity-specific risks, tailors its compliance activities accordingly, and applies proportionate enforcement measures to promote strong AML/ATF compliance…