Governance, risk & compliance
FINTRAC / PCMLTFA 2024
IndustryCanada
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) requirements under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
Applies to money services businesses, banks, credit unions, securities dealers, casinos, real estate brokers, accountants, BC notaries, and dealers in precious metals/stones. Requires compliance program, KYC, transaction monitoring, suspicious transaction reporting, record keeping, and risk assessment.
Official reference: https://fintrac-canafe.canada.ca/
How Lavawall® helps you get to FINTRAC / PCMLTFA compliance
Most of FINTRAC / PCMLTFA comes down to technical controls you have to run and prove: keeping systems patched, hardening configuration, detecting breaches early, backing up what matters, controlling access, and keeping evidence that all of it actually happened. Lavawall® runs those controls across Windows, macOS, Linux, and Microsoft 365 / Google Workspace from one console, maps them to FINTRAC / PCMLTFA, and tracks your posture continuously instead of once a year at audit time.
- Assess your current state against FINTRAC / PCMLTFA in the Lavawall GRC module, with the questionnaire and control set built in.
- Remediate the gaps with the same platform — automated patching, configuration fixes, backups, and access review — not a separate project.
- Evidence everything with timestamped, exportable records auditors, insurers, and clients accept.
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Ready to tackle FINTRAC / PCMLTFA?
Assess, remediate, and stay audit-ready for FINTRAC / PCMLTFA — and every other framework you carry — from one Lavawall® console.
Lavawall® supports FINTRAC / PCMLTFA as part of a built-in catalogue of compliance frameworks. Framework requirements are summarized for planning purposes; always confirm the current official text before certifying.