Now that FINTRAC is enforcing the rules against sanctions evasion, you may want to up your game when it comes to identifying and reporting potential violations. Training your staff to understand the importance of economic sanctions and recognize the red flags is more important than ever.

Conducting ongoing training for staff and employees is also essential to comply with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and regulations.

The Flag Financial Crime Microlearning Library series is designed to keep a broad range of financial crime topics front and center. This library is made up of 48 five to ten-minute modules that expand learner's understanding of financial crime. Once enrolled in the library, learners will receive monthly reminders of a microlearning course to review. Notifications come directly to their inbox with a link to jump into the training module and these sessions are quick and impactful, offering solutions to keep current with regulatory developments, FINTRAC Operational Alerts and trends related to frauds and scams.

Sanctions is six-minute microlearning course that is included in the Flag Financial Crime Microlearning Library that shows how sanctions are used by Canada and countries around the world to protect democracy and human rights, and to counter drug trafficking and terrorism.

This course reminds me to continue to be diligent on reporting. - 2024 Flag Financial Crime Learner

I love the micro-learning platform. I hope you continue to add to it! I always look forward to completing a course. - 2024 Flag Financial Crime Learner

Click here to register for this valuable micro-learning library.

If you’d like to preview the Flag Financial Crime series for your organization, please contact clientsolutions@ccua.com.