FSRA Enters Into Information-Sharing MOU with FINTRAC
The Financial Services Regulatory Authority of Ontario (FSRAO) has entered into a Memorandum of Understanding (MOU) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
The MOU establishes the administrative framework for sharing information to enable FSRA and FINTRAC to meet their respective compliance and regulatory mandates.
This MOU will facilitate the enforcement of laws, rules or regulatory requirements related to each organization, including compliance and enforcement activities, examinations or inspections that could lead to penalties or sanctions.
FSRA is continuing to work with those we regulate to ensure financial safety, fairness and choice for consumers and members. Learn more at www.fsrao.ca.