FINTRAC and Finmo | Finmo Help Center

🏛️ FINTRAC and Finmo

As the October FINTRAC deadline approaches, Finmo is dedicated to helping you navigate and take actions on the requirements.

We wanted to give you a sneak peek of what we're working on, so you know that can rest easy that excited to announce new features designed to make compliance more convenient and efficient for you and your team.

Please note this article will be updated on an ongoing basis. Last update was August 29.

✍️ What's coming to Finmo?

Integrated Digital ID Verification (IDV) and PEP Screening: Verify your clients' identities and screen for Politically Exposed Persons directly within the Finmo platform, all in one seamless process.
Audit Trail and Documentation: Capture and document compliance actions, methods, and supporting evidence effortlessly, ensuring you have a comprehensive record for any audit requirements.

🤓 Specialized Support – Join our webinar 💡

We'll be hosting a webinar on everything FINTRAC and Finmo. You'll have two options to select from – September 12 or October 2.

Lendesk is working with The AML Shop, who are recognized as experts across multiple industries and specialize in helping clients manage their risk, maximize opportunities, and achieve and maintain compliance.

What's covered ✍️

Your role as a Canadian mortgage broker as it relates to FINTRAC
What compliance structures you need to have in place to ensure compliance
How will anti-money laundering compliance impact your daily operations
What features and processes are being introduced to Finmo
Live Q&A: Ask your specific questions to the experts

There's been a lot of information circling around the training requirements for FINTRAC and we want to empower you with the right information. Here are the main things you need to know:

FINTRAC does not mandate or offer accreditation for any specific training course.
Brokerages are required to develop an ongoing compliance training program for employees and agents tailored to the brokerage's business, policies and procedures.
This session will provide practical insights from seasoned experts on how to maintain compliance in your business structure and daily operations.
Attendees of this session will receive an email confirming their attendance and what was covered.

How to pull credit in Finmo

Where are Finmo's CRM features?

How to push a submitted application to Filogix for payroll and compliance

[Sept 05, 2024] FINTRAC & Finmo webinar... and more 🤓

FINTRAC requirements and FAQ's