Attention all reporting entities!
FINTRAC has announced that they are expecting to implement important changes to Suspicious Transaction Reports (STR’s) in 2023. The form will now include legislative amendments that came into effect in June 2021. Additionally, the forms functionality will change and provide a more streamlined approach for submitting STR’s.
There are draft documents now available via FINTRAC to help your business prepare for these changes. Click the button below to see new documents for:
STR mock form
Reporting suspicious transactions to FINTRAC guidance
STR JSON schemas (reports and transactions)