With enforcement actions becoming more public, preparing for a FINTRAC examination is no longer a “nice-to-have”. This interactive mock exam will walk you through what FINTRAC actually tests: your compliance program, reporting, client ID, record keeping, and third-party determination, and how to respond when findings land.

Part One: Maintaining an Audit Ready Program

• Applying FINTRAC’s risk-based lens to strengthen your program and evidence trail
• Testing documentation quality so decisions are defensible under scrutiny

Part Two: Preparing for an FINTRA Exam or Effectiveness Testing

• Walking through the exam stages and what FINTRAC checks most closely
• Identifying the most common gaps that drive negative results and penalties

Part Three: Managing the Exam/Testing

• Preparing a “document request pack” and interview-ready materials for a mock exam
• Readying internal protocols for lawful information sharing between reporting entities, including code-of-practice expectations

Part Four: Implementing the Recommendations

• Practicing response drafting to findings, remediations plans, and follow-through

Part Five: Meeting International Requirements Without Breaking the Canadian Program

• Comparing expectations across key foreign regimes (e.g., Dubai/DFSA, Switzerland/FINMA, and other major jurisdictions) with a practical “what changes” lens
• Managing group-wide standards and local Canadian requirements without creating conflicting controls
• Applying the Canadian regime to foreign-owned banks and cross-border operating models
• Assessing risk when working with foreign financial institutions, platforms, and counterparties