AML/ATF in Canada – The Essentials

"Course 1 of 8 in the StudyAML Canada Series This course equips financial professionals with a clear understanding of Canada’s anti–money laundering and anti–terrorist financing framework. Learn how to identify red flags, meet reporting obligations, and strengthen your institution’s culture of compliance. Stay informed. Stay compliant. Protect Canada’s financial integrity."

20 - 25 minutes

Certificate Included

Canada

Description

This 20–25 minute self-paced course introduces financial professionals to Canada’s Anti–Money Laundering (AML) and Anti–Terrorist Financing (ATF) framework. Participants will learn how money laundering and terrorist financing threaten the financial system, explore the key laws and regulators that shape compliance, and understand how effective reporting and a strong culture of integrity protect both organisations and Canada’s reputation. Through real-world examples and practical guidance, this course builds the foundational knowledge every financial professional needs to detect, prevent, and respond to financial crime.

What will you learn?

Module 1 – Understanding AML & ATF in Canada
Learn the fundamentals of money laundering and terrorist financing, including how they work, why they matter, and the key terms that define Canada’s AML/ATF landscape. Discover how awareness and due diligence form the first line of defence against financial crime.
Module 2 – Canada’s Regulatory & Legislative Framework
Explore the roles of FINTRAC, OSFI, and the RCMP, and understand how the PCMLTFA and Criminal Code create the foundation for Canada’s AML/ATF regime. Learn how the risk-based approach helps institutions prioritise and manage compliance effectively.
Module 3 – Compliance in Practice & Enforcement
See how AML/ATF principles are applied in daily operations. Understand the penalties for non-compliance, the importance of leadership and culture in maintaining integrity, and how Canada cooperates globally to combat financial crime.