PCMLTFA / FINTRAC — Anti-Money-Laundering & Terrorist-Financing · vPCMLTFA — Proceeds of Crime…
PCMLTFA / FINTRAC — Anti-Money-Laundering & Terrorist-Financing
PCMLTFA / FINTRAC — Anti-Money-Laundering & Terrorist-Financing — 100% covered.
4 requirements · 4 enforced · 0 designed · 0 advisory · 0 deferred.
Source: Proceeds of Crime (Money Laundering) and Terrorist Financing Act, S.C. 2000, c. 17, and the PCMLTFA Regulations, administered by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Client identification + know-your-client (PCMLTFR Part 1), ongoing monitoring + business relationships, suspicious-transaction reporting (s.7), and record-keeping (s.6 + Regulations).
By category
| Category | Reqs | Enforced | Designed | Advisory | Deferred | Coverage |
|---|---|---|---|---|---|---|
| Client identification + KYC | 1 | 1 | 0 | 0 | 0 | 100% |
| Ongoing monitoring | 1 | 1 | 0 | 0 | 0 | 100% |
| Suspicious transaction reporting (s.7) | 1 | 1 | 0 | 0 | 0 | 100% |
| Record-keeping (s.6) | 1 | 1 | 0 | 0 | 0 | 100% |
Every requirement → the KYE™ artefact that enforces it
| ID | Title | Status | KYE™ enforcement |
|---|---|---|---|
pcmltfa.kyc |
Client identification + KYC: ascertain and verify the identity of clients before conducting prescribed activities and determine beneficial ownership | enforced | audit_events: kye.purpose.admissibility.v1, kye.evidence.decision_map.v1engines: internal, internalconstitution_refs: constitution/12-PURPOSE-PERMISSION.md |
pcmltfa.monitoring |
Ongoing monitoring: conduct ongoing monitoring of business relationships to detect transactions requiring reporting and to keep client information current | enforced | audit_events: kye.assurance.risk_assessment.v1, kye.purpose.admissibility.v1engines: internal, internalconstitution_refs: constitution/13-RESILIENCE-LOOP.md |
pcmltfa.s7-str |
Section 7 — Suspicious transaction reporting: report to FINTRAC every financial transaction for which there are reasonable grounds to suspect it is related to money laundering or terrorist financing | enforced | audit_events: kye.signal.incident.opened.v1, kye.compliance.attestation.v1engines: internal, internalconstitution_refs: constitution/13-RESILIENCE-LOOP.md |
pcmltfa.s6-records |
Section 6 + Regulations — Record-keeping: keep prescribed records of transactions, client identification and reports for the prescribed retention period | enforced | audit_events: kye.evidence.tool_call.v1, kye.replay.proof.v1engines: internalconstitution_refs: constitution/30-AUDIT-WORM-RETENTION.md |