This comprehensive webinar will delve into the recently implemented Sanctions Evasion reporting requirement, exploring its implications and the necessary compliance measures. Participants will gain valuable insights into effective strategies for identifying unfiled Suspicious Transaction Reports (STRs), a critical aspect of maintaining regulatory compliance in today’s evolving financial landscape.

The session will also cover the various considerations that institutions should weigh when deciding whether to file a Voluntary Self-Disclosure of Non-Compliance (VSDONC). We will discuss the criteria that FINTRAC expects institutions to meet, ensuring that attendees are well-informed about their obligations and the potential repercussions of non-compliance.

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