Compliance Monitoring Framework for Financial Businesses
Waiting for an audit to find a problem is waiting too long. We build the compliance monitoring framework that lets you catch issues yourselves, an ongoing system of checks that keeps your compliance on track across Canada.
Catching Problems Before Anyone Else Does
An audit is a snapshot, but risk builds every day in between. A monitoring framework is how you watch your own compliance continuously, a planned set of routine checks, tests, and metrics that surface problems while they are small. We build that framework, so you find the slipping control yourself.
A System You Actually Run
A monitoring framework is only useful if it runs by itself once built. We design the whole system, what gets checked and how often, the sample testing that proves controls work, the metrics that show whether compliance is holding, and the issue tracking that makes sure problems found are problems fixed. We build it to fit your own team and risks.
Monitoring Plan
We design what gets checked, how often, and by whom clearly.
Sample Testing
We build the sample testing that proves your own controls work.
Metrics Tracking
We set the metrics that show whether your compliance is holding.
Issue Tracking
We build issue tracking so the problems found get properly fixed.
Ready to Simplify Your Compliance?
Businesses We Support and Guide
We build monitoring frameworks for payment service providers, money services businesses, currency dealers, crypto businesses, and many of the other financial businesses that need ongoing compliance monitoring under Canadian regulation.
We support banks with program design, oversight, & regulatory examination readiness.
We help credit unions meet obligations proportionate to their membership and scale.
We handle registration, renewals, reporting, & controls FINTRAC expects from you.
We cover Bank of Canada registration alongside your anti money laundering obligations.
We establish what your wallet activity triggers, then build only what applies.
We build compliance around what your product does, before volumes and questions arrive.
We register virtual currency dealers and build the reporting their activity demands.
We support financial institutions across registration, program build, and reporting duties.
Why Businesses Choose Our Framework
Continuous Not
We build monitoring that runs continuously, so problems surface between audits rather than waiting for the next one.
Runs Itself
We design a system your team can actually run, so monitoring becomes a steady rhythm rather than a lapsing task.
Found Fixed
We build issue tracking into the framework, so a problem found always becomes a problem fixed, not one simply noted.
Serving Businesses Across Canada
We build frameworks for businesses right across the whole of Canada, from Toronto and Montreal to Vancouver and Calgary, and foreign businesses monitoring their Canadian compliance wherever they are based.
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.
Monitoring Framework Questions
Clear answers to the questions businesses ask most about building an ongoing compliance monitoring framework right across the whole of Canada.
What is a compliance monitoring framework?
It is the ongoing system of planned checks, tests, and metrics a business runs on itself to catch compliance problems early.
What does the framework include?
A monitoring plan, sample testing of controls, compliance metrics, and issue tracking, the routine apparatus that watches your compliance continuously.
How often does monitoring happen?
Continuously, on a planned schedule rather than once a year, so problems are caught as they arise rather than long afterward.
How does this differ from a review?
A controls review is a point in time check. A monitoring framework is the ongoing system that keeps checking, month after month.
Is this the same as transaction monitoring?
No. Transaction monitoring watches transactions for suspicious activity. This monitors your whole compliance program and whether its controls hold.