Anti-Money Laundering Services (AML)

Managing your money laundering (ML) and terrorist financing (TF) risk in today’s complex business environment requires specific knowledge and tools. MNP Anti-Money Laundering Services (AML) can help you manage the risks that threaten your organization, your company reputation - and the expectations of business partners and regulators.

Our teams are certified specialists who focus on AML and financial crime management. We have a deep understanding of your compliance requirements and can tailor solutions to fit your unique business model and strategy.

MNP is a recognized Canadian leader in the AML professional community, delivering articles, webinars, presentations, and courses to increase awareness of money laundering. As members of industry panels, we also are regularly called on to contribute our experience and thought leadership.

Our clients include financial institutions, third-party payment processors, fintech, real estate entities, Agents of the Crown, securities dealers and life insurance companies.

Solutions for Your Success

Our Anti-Money Laundering services include:

AML Program Development
- Risk based approach (guidance and framework)
- Policies and procedures
- Specialized training
- AML consulting
AML Program Evaluation
- Independent biennial compliance effectiveness reviews
- AML program GAP analysis
- AML risk and control matrix assessment
- Internal audit assistance
Regulatory Examination Support
- Regulatory examination readiness reviews and preparation
- Remediation planning and project execution
- Assistance with responses and appeals
Know Your Client / Due Diligence
- Customer onboarding support for high-risk clients and entities
- Policy Research
Remediation and Audit Validation
- Review and validation of remediation engagements for regulators and other third-party relationships

Insights

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Confidence

October 31, 2024

How can the mortgage industry comply with FINTRAC’s anti-money laundering obligations?

FINTRAC expanded its regulatory scope to include the mortgage industry starting on October 11, 2024. How can your business comply with the new AML requirements?

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Confidence

July 30, 2024

Is your real estate business ready for an AML examination from FINTRAC?

Is your real estate business ready for an examination from FINTRAC? These steps can help strengthen your AML program and comply with FINTRAC’s regulations.

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Confidence

Untangling money laundering regulations for Canadian real estate

In an industry that has historically been attractive for criminals and money laundering activity, those in the Canadian real estate market have a responsibility of due diligence to keep themselves and their business safe. While it may seem like a daunting task to ensure your business isn’t being used for criminal activity, federal guidelines exist to ensure compliance and vigilance within real estate.

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