Mortgage Sector: Suspicious transaction reports

Suspicious transaction reports - What is a suspicious transaction and what you need to do. 00:00 Introduction 01:00 What is a suspicious transaction? 02:32 Reasonable grounds to suspect 04:58 Money laundering offence 06:09 Terrorist activity financing offence 06:46 Sanctions evasion 07:03 When to submit a Suspicious Transaction Report 08:20 Determining reasonable grounds to suspect threshold 11:11 Indicator types 14:07 Mortgage sector indicators 16:55 Holistic assessment 22:44 How to submit a Suspicious Transaction Report 24:47 Common myths 28:26 Conclusion For more information on Reporting suspicious transactions to FINTRAC please consult: https://fintrac-canafe.canada.ca/guid... ** The information presented in this video reflects the requirements under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations in force at the time of its publication. As legislative and regulatory amendments are subject to change, individuals and entities must refer to the Act and associated Regulations for the full description of their obligations. © His Majesty the King in Right of Canada, 2025. Cat no. FD4-48/2025E-MP4 ISBN: 978-0-660-78619-3