Canadian AML/ATF Compliance Training for Reporting Entities
9 Modules
The training consists of 9 modules, including videos, reading materials and tests.
Compliance professionals
financial service staff, MSB operators, fintech teams, and anyone seeking AML/CTF compliance knowledge in Canada
5 Hours
The training is 5 Hours in total. You can learn at your own pace
Certificate
Complete the training successfully to get a certificate
$49.99
What you’ll learn
Understand the purpose, structure, and scope of the PCMLTFA and its role in Canada’s AML/CTF framework.
Discover how FINTRAC operates, its reporting requirements, and what it expects from your business.
Identify and report suspicious or terrorist-related activity in compliance with legal obligations.
Recognize the methods criminals use to launder money and evade detection, with real-world examples.
Apply the risk-based approach (RBA) and enhanced due diligence (EDD) to high-risk clients and transactions.
Meet sector-specific compliance requirements for MSBs, real estate, casinos, securities dealers, and more.
Review real-world enforcement cases and prepare to pass a FINTRAC compliance review or examination.
Syllabus
This training program equips professionals in financial services, crypto, real estate, legal, and other regulated sectors with the skills to meet Canada’s Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
Developed by industry experts to align with FINTRAC expectations, the course uses real-world scenarios to build your ability to detect red flags, assess risk, and fulfill your responsibilities as a Reporting Entity. You’ll gain practical tools to strengthen internal controls, protect your organization, and reduce exposure to costly penalties.
Graduates receive a certificate of training, recognized for audit purposes and internal compliance records, ensuring you stay confident, compliant, and ready for regulatory scrutiny.
Foundations of AML Compliance in Canada
Module 1 27 minutes to complete
History and Background of FINTRAC & PCMLTFA
Reading 2 mins
What Are the Proceeds of Crime and Money Laundering?
Reading 3 mins
The Three Stages of Money Laundering
Reading 3 mins
What Is Terrorist Financing?
Reading 4 mins
Building an Effective AML Compliance Program
Module 2 25 minutes to complete
AML Compliance Regime Requirements: The Five Pillars
Reading 3 mins
What is a Risk Assessment
Reading 3 mins
What Is a Risk-Based Approach (RBA)?
Reading 4 mins
Consequences and Red Flags of Money Laundering
Module 3 33 minutes to complete
Administrative Monetary Penalties (AMPs) for Non-Compliance
Reading 2 mins
Sources of Money Laundering
Reading 3 mins
Stages of Money Laundering
Reading 3 mins
Placement
Reading 3 mins
Layering
Reading 4 mins
Integration
Reading 3 mins
Understanding Terrorist Financing
Module 4 24 minutes to complete
About Terrorism Financing
Reading 3 mins
Common Sources of Terrorist Financing
Reading 3 mins
FINTRAC Indicators of TF
Reading 3 mins
Categories of Money Launderers
Module 5 21 minutes to complete
The Main Categories
Reading 1 mins
Organized Crime Groups
Reading 1 mins
White Collar Professionals
Reading 2 mins
Fighting Money Laundering and Terrorist Financing in Canada
Reading 2 mins
Key Regulators and Enforcers in Canada’s AML/ATF Regime
Module 6 30 minutes to complete
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
Reading 3 mins
Canadian Security Intelligence Service (CSIS)
Reading 3 mins
Office of the Superintendent of Financial Institutions (OSFI)
Reading 3 mins
Law Enforcement's Role in AML/ATF Oversight
Reading 3 mins
Canada Border Services Agency (CBSA)
Reading 3 mins
AML/ATF Program Oversight and the Role of the Compliance Officer (CCO/CAMLO)
Module 7 27 minutes to complete
Oversight by Senior Management and the Board
Reading 3 mins
Compliance Officer (CCO/CAMLO) Responsibilities
Reading 3 mins
Roles and Responsibilities of All Employees
Reading 4 mins
Corporate Security
Reading 2 mins
Mandatory Reporting Under Canadian AML Law
Module 8 53 minutes to complete
Understanding ML/TF and the Need for Reporting
Reading 3 mins
Introduction to Reporting Obligations
Reading 4 mins
The Role of KYC
Reading 2 mins
Major Elements of a KYC Policy
Reading 3 mins
Core Reporting Compliance Obligations Under the PCMLTFA
Reading 4 mins
How to File AML/CTF Reports with FINTRAC
Reading 5 mins
What to Include in a Suspicious Transaction Report (STR)
Reading 3 mins
Liability and a Common Deficiency in STR Reporting
Reading 1 mins
Verification
Reading 2 mins
Methods to Identify Individuals
Reading 3 mins
Record-Keeping and Corporate Verification Obligations
Reading 4 mins
Recordkeeping, Entity Verification, and Third-Party Determination
Reading 4 mins
Suspicious Transaction Indicators & Probing Questions
Module 9 30 minutes to complete
What Are Suspicious Transactions?
Reading 3 mins
What Are Completed or Attempted Transactions?
Reading 3 mins
Laundering of the Proceeds of Romance Scam
Reading 3 mins
Human Trafficking and Financial Red Flags
Reading 3 mins
Probing Questions and the “Smell” Test
Reading 3 mins
