Regulatory Gap Assessment for Financial Businesses
You simply cannot fix what you have not yet found. We measure your current compliance against every requirement that applies to you and show exactly where your business falls short in Canada.
Measure Yourself Against the Rules Properly
Most businesses do not know precisely where they fall short until someone checks. A gap assessment maps your current program against every requirement that applies, line by line, and shows where coverage is missing. We give you a clear, requirement by requirement picture of where you meet the rules and where you do not.
A Clear List of Gaps
A gap assessment is only useful if you can act on it. We set out each gap we find, why it matters, and what closing it involves, so you leave with a practical list rather than a vague sense of unease. You get a prioritised view of where your business does not yet meet the rules, so you can fix the most important gaps first.
Requirement Mapping
We map every regulatory requirement that actually applies to your business.
Gap Identification
We find exactly where your current program falls short of them.
Gap Prioritisation
We rank the gaps we find, so you fix what matters most first.
Closing Roadmap
We set out what closing each gap actually involves for you.
Ready to Simplify Your Compliance?
Businesses We Assess and Guide
We assess payment service providers, money services businesses, currency dealers, crypto businesses, and the many other financial businesses measuring their current compliance against the requirements that apply 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 Assessment
Nothing Missed
We check your program against every applicable requirement, so no gap in your coverage is quietly left undiscovered.
Clearly Ranked
We prioritise the gaps we find, so you know exactly which to close first rather than guessing at it.
Action Ready
We tell you what closing each gap involves, so the assessment leads straight into practical action.
Serving Businesses Across Canada
We assess businesses right across the whole of Canada, from Toronto and Montreal to Vancouver and Calgary, and foreign businesses measuring their Canadian compliance wherever they happen to be 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.
Gap Assessment Questions
Clear answers to the questions businesses ask most about measuring their current compliance against the requirements right across Canada today.
What is a regulatory gap assessment?
It measures your current compliance against every requirement that applies to you and identifies exactly where your business falls short.
What does the assessment produce?
A prioritised list of the gaps between your current program and the requirements, with what closing each one involves.
Who needs a gap assessment?
Any operating business that wants to know precisely where its current compliance does not yet meet the requirements that apply to it.
How does this differ from an audit?
A gap assessment checks coverage against the requirements. An audit tests whether your controls actually work, so the two answer different questions.
How does this differ from readiness?
A readiness assessment looks before you launch. A gap assessment checks an operating business against the rules as they apply right now.