There are many industries that need to be concerned about money laundering, and terrorist financing. We’re currently focused on the prioriy industries bound by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This means the following industries:
- Money laundering and terrorist financing indicators – Accountants
- Money laundering and terrorist financing indicators – Agents of the Crown
- Money laundering and terrorist financing indicators – British Columbia notaries
- Money laundering and terrorist financing indicators – Casinos
- Money laundering and terrorist financing indicators – Dealers in precious metals and stones
- Money laundering and terrorist financing indicators – Financial entities
- Money laundering and terrorist financing indicators – Life insurance companies, brokers and agents
- Money laundering and terrorist financing indicators – Money services businesses
- Money laundering and terrorist financing indicators – Real estate
- Money laundering and terrorist financing indicators – Securities dealers
We’re also actively seeking out Canadians businesses in the bitcoin, blockchain, and cryptocurrency industries, now known as virtual assets, which will be bound by FINTRAC’s new rules starting in June, 2020.
What we can do for you, is now check your users against our sanctions lists, and we can even handle all of your compliance needs, so you can focus on your line of business.
Starting in Canada:
- Expanded sanctions list
- Listed Terrorist Entities
- Special Economic Measures (Ukraine, Venezuela, Burma, Iran, Russia, South Sudan, Syria, Zimbabwe each have their own list)
- Freezing Assets of Corrupt Foreign Officials – Egypt, Tunisia and Ukraine
- Money Service Business
- BC RCMP
- RCMP
But also any global sanctions list checking you need, which may include:
- US Department of Treasury
- US Department of State
- UN Consolidated List
- UK Financial Services Authority (FSA)
- US Food and Drug Administration
- Specially Designated Nationals List (SDN)
- Office of Inspector General’s
- European Union Consolidated Lists
- Australia – Department of Foreign Affairs and Trade
- Office of the Superintendent of Financial Institutions (OSFI)
- Saudi Arabia – List of extremists wanted for extradition
- World Bank Ineligible Firms
- IMF – Offshore Financial Centers
- Interpol – Most wanted
- Terrorist security administration
- Financial crimes enforcement network of United State Department (FinCen)
just to name a few. For a premium, we can also help with
- Politically Exposed Persons (PEP)
- Head of International Organization (HIO)
If you want more information on how we can help you check your users against sanctions lists, please reach out.
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