CPA Canada has released a comprehensive updated Anti-Money Laundering and Terrorist Financing Guide. The guide will ensure members are well equipped to fulfill potential obligations as required by the legislation and regulations.
The purpose of the guide is to:
- help CPAs determine if AML/ATF obligations are applicable to their activities
- inform CPAs about the requirements to comply with their obligations
- educate CPAs about the examination focus and enforcement methods by the AML/ATF regime supervisor, FINTRAC, and risks of non-compliance
Link to more information on the guide and other AML resources