With enforcement actions on the rise, preparing for a FINTRAC examination is no longer optional – it is essential to future-proof your organization from penalties and reputational harm. This interactive workshop will dive deep into the examination process, highlighting common missteps and offering proven strategies to prepare, align with regulatory expectations and address potential penalties. Walk away armed with insights into what regulators check for, how to overcome challenges, and ensure your program is robust. Key takeaways include:

• Understanding FINTRAC’s examination process and avoiding mistakes that lead to negative results
• Applying FINTRAC’s risk assessment methodologies to bolster compliance
• Evaluating the impact of the latest AML regulations on your compliance program
• Implementing best practices for aligning internal audit procedures with exams to ensure organizational consistency
• Preparing examination materials to ensure readiness
• Learning from real-world examples of positive and negative outcomes to refine strategies
• Drafting responses to address penalties effectively