EXPLORE PROGRAMS
Accountants and accounting firms are reporting entities under the PCMLTFA when they engage in or give instructions on certain triggering activities on behalf of clients — including receiving or paying funds, purchasing or selling securities, real property, or business assets, and transferring funds or securities. The FATF-aligned focus on designated non-financial businesses and professions has placed accountants under increasing scrutiny. This training equips accounting firm compliance officers, partners, managers, and staff with the FINTRAC obligations that apply when triggering activities are undertaken: client identification and verification, beneficial ownership, PEP/HIO determinations, ongoing monitoring, and STR filing. It also addresses provincial accounting body expectations on professional conduct and continuing professional development.
You will learn when PCMLTFA obligations are triggered for accountants, how to identify and verify clients on triggering engagements, how to determine beneficial ownership of corporate clients, how to apply PEP/HIO rules, how to recognize ML/TF red flags in accounting and tax engagements, and how to file STRs without breaching solicitor-client or confidentiality obligations.
Course Cost :
$100.00
