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Suspicious transactions reports : A suspicious transaction report must be submitted when there are reasonable grounds to suspect that a transaction is related to the commission or attempted commission of a money laundering or terrorist activity financing offence.The reporting entities satisfy this reporting requirement by submitting the following applicable reports: Pursuant to the PCMLTF Act and its associated regulations, reporting entities have an obligation to report to FINTRAC certain financial transactions. Financial transactions reported to FINTRAC

In conjunction with these efforts, the Financial Transactions and Reports Analysis Centre (FINTRAC) has implemented a schedule to introduce changes to its reporting forms. These amendments aim to enhance the effectiveness of the financial system in combatting illicit activities. As part of an ongoing effort to strengthen Canada's anti-money laundering and anti-terrorist financing regime, the Federal Government has introduced various amendments to the regulations made under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTF Act).