EXPLORE PROGRAMS
Credit unions are reporting entities under the PCMLTFA and are also subject to provincial deposit-insurance and prudential supervision. Their member-based structure, community presence, and the breadth of products they offer create a distinct AML/CTF risk profile from that of a federally regulated bank. This annual training is designed for credit union compliance staff, branch personnel, lending officers, and operations teams. It covers PCMLTFA obligations and how they interact with provincial expectations, the use of risk-based approaches in member onboarding and ongoing monitoring, and the practical filing of LCTRs, EFTRs, and STRs. Real FINTRAC and provincial findings against Canadian credit unions are used as the basis for the case studies.
You will learn how to apply PCMLTFA obligations across credit union business lines, how to operate a documented risk-based approach for members, products, and channels, how to file LCTRs, EFTRs, and STRs, how to manage sanctions screening, and how PCMLTFA obligations interact with provincial supervisory expectations.
Course Cost :
$100.00
