Guides &amp; Reports

For banks, credit unions and trust companies

FINTRAC for Banks, Credit Unions and Trust Companies

Six duties on every account, the penalty scale since 26 March 2026, and what FINTRAC cited in penalties on 13 banks and credit unions.

Current to 24 September 2026

The training program

AML Training Program Requirements

A written program, a documented plan, a delivery record and a two-year test, and what the 11 penalties that cite training found.

Reporting to FINTRAC

FINTRAC Reporting for Money Services Businesses

Report triggers, deadlines, the 24-hour rule with worked examples, and the penalties for late, incomplete and missing reports.

For payment service providers

Payment Service Providers: FINTRAC and the Bank of Canada

Why payment businesses need two registrations, what each regulator expects, and what each can do when something is missed.

Current to 24 September 2026

For remittance and money transfer businesses

Remittance and Money Transfer Businesses

Six obligations that run every day after registration, which leg of a transfer reports, and five recent penalties.

Current to 22 September 2026

For crypto platforms and virtual currency dealers

Crypto Platforms and Virtual Currency Dealers

Which FINTRAC registration applies, the obligations after it, which leg of an on ramp or off ramp reports, and the largest penalties.

For Ontario brokerages and developers

Ontario Brokerages and Developers

Five things FINTRAC expects of brokerages and developers, the penalty scale since 26 March 2026, and recent penalties.