Insights on MSB Compliance & FINTRAC Guidelines

Stay updated with expert articles, compliance tips, and financial regulatory insights.

November 4, 2025

How the Bank of Canada Supervises RPAA Compliance (and What They Expect to See)

Learn how the Bank of Canada supervises RPAA compliance and what PSPs must show during reviews.

October 28, 2025

Common Pitfalls MSBs Face With RPAA Safeguarding of Funds Rules

Many MSBs fail RPAA safeguarding rules by misclassifying accounts, skipping daily reconciliations, or missing Bank notifications.

October 21, 2025

PSP Connect and RPAA Compliance: How to Submit Reports and Notices Online

Learn how to use PSP Connect for RPAA submissions, from annual reports to incident notices, with accuracy tips for PSPs.

October 14, 2025

RPAA Training Requirements: Who Needs to Be Trained and How Often

RPAA training is required at onboarding, annually, and after changes. Learn who needs it and how to document competence.

October 7, 2025

How to Use a Compliance Checklist to Stay RPAA-Ready Year Round

A compliance checklist keeps RPAA obligations visible, organized, and audit-ready all year round.

October 1, 2025

Stronger Rules Ahead: October 2025 FINTRAC Compliance Updates For Agents and Beneficial Ownership

FINTRAC’s October 2025 updates require MSBs to verify agents with criminal checks, file discrepancy reports, and search Corporations Canada’s database.

September 30, 2025

Independent Reviews Under the RPAA: What You Need to Know Every Three Years

Independent reviews under the RPAA confirm your risk and safeguarding frameworks are effective. Here’s what PSPs need to know every 3 years.

September 26, 2025

RPAA Explained in Plain English: A Beginner’s Guide for Payment Service Providers

The RPAA explained in plain English for payment service providers. Learn who it applies to, what it covers, and how to get compliant today.

September 23, 2025

RPAA vs FINTRAC: How Retail Payment Rules Differ from AML Obligations

RPAA is not AML 2.0. Learn how Bank of Canada’s RPAA rules differ from FINTRAC’s AML/ATF obligations and how MSBs can meet both.