AML Compliance Services in London Ontario
London has a long standing insurance and financial services base, and those businesses carry real reporting duties. We help firms right across the city meet them properly and document their decisions defensibly.
Insurance, Finance and Real Reporting Duties
London has been a financial services town for well over a century, with insurance at the centre of it. Life insurance companies, brokers, and agents are named reporting entities under Canadian anti money laundering law, carrying duties around client identification, record keeping, and reporting that many working in the sector have never had set out clearly.
Around that sits a broader economy of health services, education, manufacturing, and the professional firms serving them, several of which handle client money or payments in ways that bring obligations with them. Establishing scope properly matters, because assumptions in either direction are costly. We work with businesses throughout London and can meet in person whenever a conversation would benefit.
Compliance Support Across London
We deliver obligation assessments, FINTRAC registration, anti money laundering program development, client identification procedures, risk assessments, independent effectiveness reviews, reporting support, and staff training for businesses right across the whole of London.
PSP Registration
End-to-end PSP registration support under Canada's Retail Payment Activities Act framework.
MSB Licensing
Complete MSB licensing and FINTRAC registration for money services businesses nationwide.
Banking
Deliver secure banking compliance solutions supporting regulatory excellence and operational efficiency.
AML Compliance
Build robust AML frameworks ensuring regulatory compliance and effective financial crime prevention.
Regulatory Consulting
Receive strategic regulatory advice supporting sustainable growth and complete compliance confidence.
Transaction Monitoring
Ongoing transaction monitoring and screening to detect and report suspicious activity.
Why London Businesses Choose Us
We know how obligations apply across insurance, financial services, and the professional firms around them, and we explain those duties in terms the people who have to follow them can actually use.
Insurance Sector Understood
We know how the rules reach life insurance companies, brokers, and agents, including the identification and reporting they require.
Scope Established Properly
We confirm which obligations genuinely apply before building anything, so you never overbuild or quietly miss something important.
Usable By Staff
We write documents your people can genuinely follow, because a procedure nobody understands is a control that never runs.
Support That Continues
We stay available after the build, so questions get answered and obligations keep being met as things change.
Businesses We Support in London
We support life insurance businesses, money services businesses, currency dealers, payment service providers, real estate businesses, and many of the other reporting entities that genuinely operate right across the city.
Banks operate under some of Canada’s closest supervision, prudentially through OSFI and for financial crime through FINTRAC. We help banks and federally regulated institutions strengthen compliance, governance, and controls, and meet the evolving supervisory expectations that come with holding a banking licence.
Federally regulated financial institutions carry broad obligations across governance, risk, and anti money laundering. We help them build frameworks that hold up under genuine examination, strengthen internal controls, and demonstrate to regulators that compliance is genuinely embedded rather than merely documented on paper.
Credit unions serve their members while carrying real anti money laundering and reporting obligations under Canadian law. We help them build proportionate compliance programs, run risk assessments, and meet FINTRAC requirements without losing the community focus that sets them apart.
Money services businesses face some of the closest scrutiny of any reporting entity. We handle FINTRAC registration, program development, and independent reviews, so currency dealers, transfer businesses, and other MSBs meet their obligations properly and keep their registration in good standing.
Foreign money services businesses serving Canadian customers must register with FINTRAC and meet the same obligations as domestic ones. We help overseas operators register correctly, build compliant programs, and navigate Canadian requirements from wherever they happen to be based around the world.
Foreign exchange businesses handling currency conversion are reporting entities with clear anti money laundering duties under Canadian law. We build the registration, monitoring, and reporting frameworks these businesses need, so currency dealing meets FINTRAC expectations without slowing down legitimate customer activity.
Remittance businesses move money across borders, which puts transaction monitoring and reporting at the centre of their obligations. We build practical compliance programs that catch what matters, satisfy FINTRAC, and keep transfers flowing without unnecessary friction for genuine customers.
Payment service providers now sit under Bank of Canada oversight through the Retail Payment Activities Act, alongside their FINTRAC duties. We help PSPs register, build operational and risk frameworks, and meet both sets of obligations as this newer regime continues to take shape.
Payment processors handle volume that makes strong controls essential and regulatory attention likely. We help them meet registration and reporting obligations, build transaction monitoring that scales, and manage the operational risk that comes with sitting in the middle of large payment flows.
Digital wallet providers hold and move value in ways that trigger real compliance obligations under Canadian rules. We help them map exactly which requirements apply, build the monitoring and reporting they need, and manage risk across a fast changing and closely watched product area.
Corporate firms often carry compliance obligations they never expected, particularly once they handle payments, currency, or cross border activity. We assess exactly what applies, then build programs that meet the requirements without overwhelming teams that have a business to run.
Listed firms carry governance, disclosure, and financial crime obligations alongside heightened public and regulatory scrutiny. We help them strengthen governance frameworks, assess and manage risk across the enterprise, and demonstrate the oversight and accountability that markets and regulators genuinely expect from a public company.
Fintech companies move fast, and compliance obligations often arrive sooner than founders expect. We help them work out exactly which requirements apply, build proportionate programs that scale with growth, and satisfy FINTRAC and other regulators without slowing the product down unnecessarily.
Businesses issuing electronic money or stored value carry obligations tied to the payment and transfer activity they perform, even without a standalone licence in Canada. We map exactly which requirements apply and build governance and monitoring that reflect sound practice and regulatory expectations.
Virtual asset service providers are regulated as money services businesses in Canada, with full FINTRAC registration and reporting duties. We help crypto exchanges and wallet providers register, monitor transactions, and build the controls this fast moving and closely watched sector genuinely demands.
What Our Clients Say
Canadian financial firms trust ABM Global Compliance to navigate complex regulation with clarity and care. From MSB licensing to ongoing AML support, our clients value our responsiveness, expertise, and genuine commitment to their long-term compliance success.
Let's Talk About Your Compliance Needs
Schedule a Free Consultation
Whether you’re starting a new MSB or need ongoing AML support, our team responds within one business day.
London Compliance Questions
Clear answers to the questions London businesses ask most about whether Canadian anti money laundering obligations genuinely apply to them.
Do insurance businesses have duties?
Yes. Life insurance companies, brokers, and agents are reporting entities under Canadian law, with identification and reporting obligations.
What do those duties involve?
Identifying clients, keeping proper records, reporting where required, and having a documented compliance program that is actually followed.
Are the rules different here?
No. Obligations are federal under the PCMLTFA and supervised by FINTRAC, applying identically across every Canadian city and province.
How do we know what applies?
We look at what your business actually does, then tell you plainly which obligations you carry and which you genuinely do not.
Do you cover the wider region?
Yes. We support businesses across London and southwestern Ontario, including St Thomas, Woodstock, Sarnia, and Chatham.