Anti-Money Laundering Resources
CPA Canada and CPA provincial and territorial bodies are collaborating in the fight against money laundering. We have resources on what CPAs need to know to comply and protect themselves, their clients and their organizations.
Click here to visit CPA Canada's AML Resource Page.
“KNOW YOUR CLIENT” AML ARTICLE
AML legislation is continuously evolving. Are you ahead of the curve? Our articles identify some of the important requirements that came into force on June 1, 2021. This first article provides an overview of the changes to the “know your client” rules for accountants and accounting firms engaged in activities covered by the AML/ATF legislation. Learn about what’s new, your obligations and how to ensure full compliance.
Help CPAs navigate the latest changes to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and Regulations, with this free webinar. As AML legislation continuously evolves, stay ahead of the curve with a digestible breakdown of the regime’s background and context, key activity and developments since 2016, as well as overviews of “know your client” rules and beneficial ownership. The webinar also covers the specific amendments, FINTRAC legislation and money laundering risks associated with COVID-19. Click here to get updated in just 25 minutes.
The Guide to Comply with Canada’s Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) Legislation has been released, to help CPAs and accounting firms mitigate any risk in related activities.
This comprehensive guide will give users a general understanding of the international and domestic landscape for AML/ATF, help them determine if AML/ATF obligations apply to their activities, offer guidance on compliance to relevant obligations and clarity on enforcement and risks of non-compliance. Also learn about triggering activities, implementing a compliance program, privacy obligations, reporting suspicious transactions and terrorist activities, and much more. Download the guide now.