KYC and Due Diligence Services in Canada
Verify your customers, assess their risk, and meet FINTRAC requirements with a KYC compliance solution built for your business. We design and run customer due diligence programs that protect reporting entities across Canada.
KYC Compliance Built Around Your Risk Profile
Every Canadian reporting entity must verify customer identity and assess risk before establishing a business relationship. We build your KYC verification and customer due diligence framework around your actual products, channels, and customer base, so your program satisfies FINTRAC while keeping onboarding fast for legitimate clients.
From Onboarding to Ongoing Compliance
KYC is not a one-time check. The PCMLTFA requires ongoing compliance through continuous monitoring, periodic reviews, and updated due diligence risk assessments as customer relationships evolve. We build the processes and triggers that keep your records current and your risk picture accurate, so nothing falls through the cracks between onboarding and renewal.
KYC Design
We build your full KYC verification program, including identity checks and risk-based onboarding procedures.
Due Diligence
We design tiered customer due diligence procedures scaled to standard, enhanced, and simplified levels.
Risk Assessment
We develop your due diligence risk assessment framework for customers, products, and delivery channels.
Ongoing Monitoring
We implement triggers and review schedules that keep customer information and risk ratings current.
Ready to Simplify Your Compliance?
Industries We Help Protect
We deliver KYC services and due diligence consulting for money services businesses, payment service providers, cryptocurrency platforms, real estate firms, and financial institutions. Each program reflects the specific customer risks and regulatory expectations your sector faces.
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 Choose Our KYC Compliance Analysts
Risk Calibrated
We apply the right level of scrutiny to each customer tier, so enhanced due diligence targets genuine risk, not everyone.
Regulator Ready
Every procedure we build is documented to satisfy a FINTRAC examination, with clear records of verification decisions and risk rationale.
Practical Design
Your KYC program works within your actual operations, keeping onboarding efficient for low-risk clients while catching real threats.
Serving Businesses Across Canada
We provide KYC compliance and due diligence consulting nationwide, from Ontario and Quebec to Alberta and British Columbia, and we support foreign reporting entities serving Canadian clients. Your program meets FINTRAC standards wherever you operate.
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.
KYC and Due Diligence Questions
Clear answers to common questions about KYC verification, customer due diligence, and ongoing compliance obligations under Canadian anti-money laundering regulations.
How does KYC differ from CDD?
KYC refers to verifying a customer’s identity at onboarding. Customer due diligence is the broader process of assessing risk and monitoring the relationship over time.
When is enhanced due diligence required?
Enhanced due diligence applies to higher-risk customers, including politically exposed persons, clients in high-risk jurisdictions, and relationships involving complex ownership structures.
How often should KYC records be updated?
Update frequency depends on customer risk level. High-risk clients are reviewed more often, while low-risk clients follow a longer cycle set by your compliance program.
Do MSBs and PSPs need KYC programs?
Yes. All reporting entities under the PCMLTFA, including money services businesses and payment service providers, must maintain documented KYC and due diligence procedures.
Can KYC compliance be outsourced in Canada?
Yes. Canadian law permits outsourcing KYC and due diligence functions, so your business can access specialist support without building a full internal compliance team.