As part of our ongoing commitment to anti-money laundering (AML) compliance and regulatory awareness, we are sharing a valuable training resource published by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
This video series is designed to support businesses like Investia subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the “Act”) in understanding and fulfilling their obligations related to suspicious transaction reporting.
Investia Head Office is responsible for completing and submitting Suspicious Transaction Reports (STRs) to FINTRAC; however, all Representatives and staff must remain vigilant and promptly escalate any suspicious activity to the Compliance team. Under the Act, Investia is required to report any completed or attempted transactions where there are reasonable grounds to suspect a connection to money laundering, terrorist financing, or sanctions evasion.
Please take time to review the following short videos:
|
Video 1 – The importance of suspicious transaction reports Video 2 – Understanding reasonable grounds to suspect Video 3 – What to consider when submitting a suspicious transaction report |
These videos provide practical guidance on identifying and reporting suspicious transactions, including how to assess reasonable grounds to suspect and what information is essential in a report.
For more detailed guidance, refer to FINTRAC’s official resource:
Reporting suspicious transactions to FINTRAC
For more information, please contact your Compliance Supervisor.
We thank you for your continued diligence.
