finance, leasing and factoring companies

Is your business in the Finance and Leasing or Factoring space?

If yes, you need to have AML policies and processes in place effective April 1, 2025.  Non-compliance could result in severe monetary penalties from FINTRAC, increased scrutiny from regulators and even worse, potential reputational damage.

This means you need the following implemented:

1. A Compliance Plan

2. Documented AML Policies and Procedures

3. Transaction reporting processes

4. Know Your Customer protocols

At The AML Shop, we help keep regulators like FINTRAC happy and can help you design a custom anti-money laundering compliance plan to achieve this. We can even help you figure out applicable exemptions where carve outs are available.

Reach out to an AML expert today at contactus@theamlshop.ca or fill in the below form and an expert will be in touch.


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