Table 1.

FINTRAC’s partner agencies and their responsibilities

AgencyRelationship to FINTRAC
Royal Canadian Mounted Police (RCMP)Receives intelligence from FINTRAC to effectively prosecute individuals and entities engaging in ML/TF through their money laundering units (MIUs)
The Canadian Border Security Agency (CBSA)Responsible for ensuring that anyone coming into or leaving the country with more than $10,000 in cash or monetary instruments files a proper report. Suspicious funds are seized and/or forfeited and this information is reported to the Centre. They collect the data and transfer it to the proper authorities
The Canada Revenue Agency (CRA)Tax evasion is a common dimension of money laundering. When FINTRAC suspects the presence of tax or duty offense in their data, they relay that information to CRA’s Enforcement and Disclosures Directorate
The Canadian Secret Intelligence Service (CSIS)CSIS and FINTRAC share intelligence through reports and disclosures on actions that may be a threat to national security

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