Outlier Compliance Group
120 Adelaide St. W., Suite 2500 M5H 1T1 Toronto, ON, Canada

Would you like to know more about how #FINTRAC helped the fight against money laundering and terrorist activity financing in the last year? Their 2019-20 Annual Report is now available. Click here to access it: https://www.fintrac-canafe.gc.ca/publications/ar/2020/1-eng #AML

Given pandemic-related stresses on businesses, #FINTRAC has announced they will exercise flexibility when enforcing Canada's #AML regulatory amendments, scheduled to come into force in June 2021. What are the flexible measures? Click here for details: https://www.fintrac-canafe.gc.ca/covi/flexible-measures-eng

There's a (free) Canada-focused virtual summit taking place this week. Don't miss our CEO Amber Scott's dialogue session Wednesday afternoon, where she'll speak about emerging trends & typologies in financial crime. https://www.acfcs.org//future-of-fincrime-canada-virtual-/ #fincrimecanada #acfcs #AML

SCAM ALERT: We’ve been notified of a site that appears to be imitating #FINTRAC, the Canadian #AML regulator, using their name & address on its website: http://www.fintrac.cn/ Please be vigilant & warn your friends in the Chinese community that may be looking for assistance that this is not FINTRAC’s website. If an MSB/FMSB wishes to register with FINTRAC (there is no federal license in Canada, contrary to the fake website’s claims), they can do so directly & at no cost (free!) via FINTRAC's actual website: https://www.fintrac-canafe.gc.ca/msb-esm/intro-eng

Attention friends in #MSB & #crypto! The CMSBA Fall Conference is coming up on Dec 1-2 & we're thrilled to have two of our #AML Ninjas presenting! Amber Scott will be discussing relevant legal cases, and Rodney MacInnes will be leading a panel on practical tips for the implementation of upcoming AML updates. Join us! Check out the full agenda and register here: https://www.eventbrite.ca/e/2020-cmsba-canada-fall-conferen

The province of Ontario is seeking public input on how personal information is collected, used and safeguarded. If youd like the opportunity to help strengthen Ontarios privacy protection laws, complete the online survey before October 1. https://news.ontario.ca//ontario-launches-consultations-to

Read our latest blog about the recent Ministerial Directive related to #Iran and what it means to you. To help you meet your obligations, weve included a downloadable document with language you can use to update your #compliance program documents. https://www.outliercanada.com/the-iran-ministerial-directi/

This morning, June 10, 2020, final amendments to Canadas AML regulations were published. This round of amendments is to ensure better alignment with international standards and level the playing field across all reporting entity types in relation to customer due diligence requirements. We have gone through the changes, created redlined versions of whats changed, and summarized the changes to various industries. Read our blog posts to find out what has changed: 1) Redline o...f Amendments https://www.outliercanada.com/amended-aml-regulations-june/ 2) Dealers in Virtual Currency https://www.outliercanada.com/regulations-for-dealers-in-v/ 3) Money Services Businesses (Domestic and Foreign) https://www.outliercanada.com/amending-the-amendments-2020/ 4) Dealers in Precious Metals and Stones https://www.outliercanada.com/amending-the-amendments-2020/ 5) Real Estate Developers, Brokers and Sales https://www.outliercanada.com/amending-the-amendments-2020/ If you need help updating your compliance program, or have questions related to the changes, contact us. https://www.outliercanada.com/

Looking to learn more about bitcoin and other virtual assets? C4 provides awesome training at great prices. Join the virtual #BlockpardyTrainingTrivia on June 13 at 1800 UTC/2PM EDT to share your #crypto & #blockchain knowledge + earn a CBP discount code! https://bit.ly/blockpardy061320

Join us online this Thursday for the CMSBA Spring Conference. Theres a great line up of speakers & were thrilled to have our Founder, CEO & Chief AML Ninja on a panel discussing the new regulations taking effect June 1. Register here: https://canada-spring-training.eventbrite.ca/

The CMSBA Spring Training Session will help you prepare for the upcoming regulations taking effect June 1. Join us online and find out new information! Register here: https://canada-spring-training.eventbrite.ca

We are thrilled to have FINTRAC, the Bank of Canada, and the Department of Finance join us for the CMSBA Spring Training Session. This year we are going online! Register now at https://canada-spring-training.eventbrite.ca

Our CEO, Founder and Chief AML Ninja, Amber Scott, is onstage today at 4pm ET at the ADI Summit and Hackathon. Attend for free by using code 3DADI. https://www.eventbrite.ca/e/adi-summit-and-hackathon-ticket

Join the CMSBA for the Spring Training Session and find out what we are doing to help MSBs during COVID-19. We have a great line up of speakers and we are adding more! Register now at https://canada-spring-training.eventbrite.ca

The CMSBA Spring Training Session is back & this year we are taking it online! Theres a great line up of speakers, including our very own Amber Scott. Join us & find out what is going to happen when the new regulations come into effect on June 1, 2020! https://canada-spring-training.eventbrite.ca

Our CEO will be on the HODLCast today, talking about stablecoins and regulation!

Were excited to have our very own Amber D. Scott co-chairing Osgoode Professional Developments course on tackling complex #compliance issues for #financialservices. Join 20 #AML faculty on April 24, plus earn #CAMS credits. Use code AML-FACULTY for 25% off regular rate! https://bit.ly/2UvwGEU

Learn and earn #CAMS credits - join our Founder & Chief AML Ninja, Amber D. Scott, plus 20 other #AML experts, at Osgoode Professional Developments course for tools to tackle stubborn #compliance issues on April 24. Use code AML-FACULTY for 25% off regular rate https://bit.ly/2UvwGEU

Video from our virtual meetup with @Osler_Laws securities guru Lori Stein is now up for your viewing pleasure. If youre operating a platform that holds custody of virtual assets on behalf of Canadians, its worth checking out. https://www.youtube.com/watch?v=s1mzoqLc-Gg

Our COO, Rodney MacInnes, will be on at 1pm ET with a live premier of his Fraud & AML for Crypto with our friends at C4. Participants on the live premier will be able to ask him questions using the chat function. https://youtu.be/sNBFSMdwlG0

Our Founder Amber D. Scott is about to start the live premiere of Breaking Down Risk & Regulation for Bitcoin and Blockchain Builders with @_CFour_ . Come join us and ask questions! https://youtu.be/0hDSGqYkB3M

If youre free at 5pm today, join our virtual #DigitalCurrency & #Compliance meetup. Osler Laws Lori Stein will be presenting, and well have a monitored chat to address your questions. Registration (and some recommended pre-reading) here: https://www.meetup.com/Toronto-Digital-Currency-Complian//

Just because we cant gather in person, doesnt mean we cant hang out online! Join us Wed at 5pm for our (free) #DigitalCurrency & #Compliance meetup. Well be streaming live plus well have a monitored chat so you can ask questions & have them addressed. https://www.meetup.com/Toronto-Digital-Currency-Complian//

Our meetup on March 25 will be an online presentation. Well have a monitored chat so you can ask questions & have them addressed. We hope youll join us remotely for this chat with Lori Stein on Securities & Derivatives Regulation for Virtual Assets. https://www.meetup.com/Toronto-Digital-Currency-Complian//

Tonights Bitcoin Bay meetup will now be an online presentation. Our Founder & Chief AML Ninja will present #AML for Dealers in #VirtualCurrency. Zoom webcast starts at 6pm, join us! Click here for details and registration: https://www.meetup.com/The-Bitcoin-Bay/events/nkgrmrybcfbvb/

We know your inbox is probably full of messages from companies about their response to COVID-19. If youre curious about what Outlier is doing, you can read about it here: https://www.outliercanada.com/outliers-response-to-covid-19/ TLTR? Request an online meeting with one of our AML Ninjas. https://www.outliercanada.com/contact-us/

Yesterday the WHO declared COVID-19 a global pandemic, and the Canadian government issued guidance on gatherings - https://www.canada.ca//health-professionals/mass-gathering In light of this, we will be moving most scheduled meetings and meetups online. Stay tuned for more information & stay safe!

If youll be in the Montreal area next Wednesday March 18, join us at the ACFE #FraudPrevention Month symposium. Our Founder and Chief AML Ninja, Amber Scott, will be there discussing emerging challenges and opportunities in the technology / #virtualcurrency space. More info here: https://www.acfemontreal.com/evenements-even/symposium2020/

On Monday, March 16, join us at The Bitcoin Bay meetup in Toronto. Our Founder and Chief AML Ninja will present #AML for Dealers in #VirtualCurrency. Event starts at 6pm. Dont miss it, click here for details and registration: https://www.meetup.com/The-Bitcoin-Bay/events/nkgrmrybcfbvb/

The Bank of Canada representatives will be speaking at the CMSBA Montreal Spring Training Session on March 30, 2020. Come and join Outliers team members, and learn the information that you may need for your business! Register at: https://cmsba-montreal2020.eventbrite.ca #CMSBA #MSB #FINTRAC

What does it mean to "Know Your Client"? When do you need to identify individuals & confirm the existence of entities? The short answer - it depends on the type of transaction. Read FINTRACs guidance here: https://www.fintrac-canafe.gc.ca/guidance-directives//1-eng Need help? Contact us. https://www.outliercanada.com/

Our next #digitalcurrency #meetup is happening March 25 at 6pm. Were excited to have Osler Laws Lori Stein as our guest for a fireside chat discussing Securities & Derivatives Regulation for Virtual Assets. Come be part of the conversation, click here: https://www.meetup.com/Toronto-Digital-Currency-Complian//

Need help deciphering the latest proposed amendments to the #PCMLTFA? David Vijan breaks the changes down for you - by industry - in this short article: https://www.outliercanada.com/amending-the-amendments/ Rodney MacInnes also red-lined the regulations themselves, with new content showing as tracked changes, and those can be found here: https://www.outliercanada.com/regulations-amending-the-reg/ If you need help updating your compliance program and processes, or have any q...uestions related to the changes, contact us! #MSB #DPMS #virtualcurrency #RealEstate

If youre attending next weeks IIAC - Investment Industry Association of Canada Anti-Money Laundering & Financial Crimes Conference, you wont want to miss the Risk & Reward in Virtual Assets panel with Osler Laws Lori Stein & our very own Amber Scott. Click here for more info: https://iiac.ca//save-the-date-iiac-anti-money-laundering/

Dealers in #virtualcurrencies: you can pre-register with FINTRAC ahead of the obligated date of June 1. To pre-register, you only need to provide full business & contact information, & theres no cost. Heres a short article we wrote with all the details: https://www.outliercanada.com/businesses-dealing-in-virtua/

Any person/vendor/agent involved in your business should be trained to recognize unusual activity, and anyone dealing with customers or transactions should receive regular #AML & #CTF training. Need quality training tailored to your business? Contact us. https://outliercanada.com/contact-us/

Worried about an upcoming FINTRAC exam? While we cant complete your exam for you, each member of our team has been an in-house Compliance Officer & survived regulatory exams. Need help preparing? Contact us. You can also check out these free resources: https://www.outliercanada.com/fintrac/preparing/

If youre attending OREAs REALiTY conference on Feb 25-27, dont miss our CEO, Founder & Chief AML Ninja speaking about #AML #compliance. For more information about the conference, click here: https://realityconference.ca/

A Risk Assessment is 1 of 5 required elements of an #AML #Compliance program. We help regulated entities by ensuring that theirs is well documented & specific to their business model. If you need a hand with any part of your compliance program, contact us: https://www.outliercanada.com//aml-compliance-program-dev/

This article we wrote 4 years ago about #AML "Clearance Certificate" scams still reaches a lot of people. We get frequent emails asking for our opinion on if someone is being scammed and unfortunately, the answer is often yes. Learn to recognize the signs: https://www.outliercanada.com/aml-clearance-certificates-a/