CanadaAML is a consulting firm specializing in Anti-Money Laundering and Anti-Terrorist Financing regulations.
CanadaAML's certified consultants provide a full suite of AML compliance services.
CanadaAML's certified consultants provide a full suite of AML compliance services.
"CanadaAML consultants are highly knowledgeable, very organized, and well equipped with the accurate information. Our consultant was very patient and explained with such clarity that it made easy for us to improve our mistakes. I will definitely recommend CanadaAML to anyone in need for the services with confidence”
- Chief AML Officer of an MSB in Toronto
Our Services
AML Compliance Regime
CanadaAML consultants can create a new organization's AML compliance regime from scratch. Creating an new AML compliance regime for the first time usually includes writing AML policies and procedures, conducting an AML risk assessment, and developing an AML training program. This is a package service that is designed to provide what is required to start a new business. Requirements for each industry differs and each entity's compliance regime must be unique and scaled to fit the size of the organization. Contact us to learn more about AML compliance regimes.
|
AML Policies & ProceduresCanadaAML professionals can write an organization's AML policies and procedures from scratch or update an existing policies and procedures to incorporate recent regulatory changes as well as changes to the organization's business strategy, processes, products, and service offerings. All covered entities are required to develop customized AML policies procedures designed to address applicable AML regulations and compliance responsibilities. Size and complexity of a business should be considered during this process. Read more about AML policies and procedures.
|
Independent AML ReviewCanadaAML conducts independent reviews of AML compliance regimes and delivers high quality review reports. An independent AML report prepared by CanadaAML includes information about the scope of the review, procedures performed, and the results of the review. CanadaAML's independent AML review reports can be shared with FINTRAC and your bank. The independent AML review is a biannual requirement which means it needs to be done at least once every two years. Read more about independent AML reviews.
|
AML Risk AssessmentAML risk assessment, for most business managers, is the most confusing aspect of AML compliance. Many organizations require help understanding how AML risk assessments work. CanadaAML's inclusive approach makes AML risk assessments easy to understand for business managers with no compliance experience. An AML risk assessment created by CanadaAML is customized to reflect the specific nature of a business. AML risk assessments must be reviewed on a periodic basis and updated as required. These updates may be triggered by changes to AML regulations. Read more about AML risk assessments.
|
AML TrainingCovered entities require to have a written AML training program. CanadaAML develops written AML training programs for covered entities. In addition, CanadaAML delivers AML training to new and seasoned business professionals. Initial AML training is designed to introduce new business managers to the world of AML compliance. It covers AML requirements and AML compliance responsibilities. Recurring AML training is designed to cover recent changes to AML regulations and hot-button issues. CanadaAML delivers training in person and through video conference. Contact us to learn more about AML training.
|
On Demand AML ConsultingSmall and mid-size businesses cannot afford to retain an AML compliance officer. However, all organizations require professional AML guidance. CanadaAML can answer your AML related questions and provide guidance on AML related issues. On demand consulting provides flexibility to have CanadaAML on your side anytime you need us. You can call or email CanadaAML anytime and receive a professional response right away. This service is designed for managers that do not need our deliverable-based consulting services but wish to have access to our expertise. Contact us to learn more about on demand consulting solutions.
|
Industries We Serve
Money Services BusinessCurrency exchange, money transfer, and bitcoin operations
Securities DealersSecurities dealers, portfolio managers, and investment advisors
|
Real EstateReal estate brokers, sales representatives, and developers
Financial EntitiesBanks, credit unions, trusts and loan companies
|
Life InsuranceLife insurance companies, brokers, and independent agents
Precious Metals & StonesDealers in precious metals and stones such as gold and diamonds
|
"We are very pleased with the knowledge and skill level of CanadaAML. We would heartily recommend them to other Insurance Advisors.”
- Partner at a Life Insurance Advisory Group in BC
Why CanadaAML?
Our ExperienceOur professionals possess over two decades of consulting experience. Former clients include multinational banks and Wall Street firms. Our service delivery professionals previously worked for the largest consulting companies in the world and delivered AML solutions to Fortune 500 companies. Our team's solid background assures our clients receive the highest quality of service available in Canada.
|
Our ExpertiseIt is our firm policy that our team is comprised of only world class talent with certifications provided by international accreditation institutions. Our seasoned professionals hold at least one type of internationally recognized certification in the fields of management consulting, compliance, or auditing. Our President held board positions at international professional organizations. He currently teaches MBA courses at a university.
|
Our ValueMost consulting firms come with an expensive price tag. Small and midsize organizations do not have the budget to afford exuberant fees associated with high-priced consulting firms. CanadaAML services are designed to meet the needs of businesses that care about cost effectiveness. With us, you get the highest level of professional service.
|
CALL US
for a free consultation
Toronto647-693-8521
|
Vancouver604-636-8470
|
Calgary403-774-7407
|