Enterprise Risk Assessment for Financial Businesses
Your whole AML program stands on one thing, a clear view of the risk your business actually faces. We build the enterprise wide risk assessment that underpins everything else you do across Canada.
The Assessment Everything Else Rests On
A documented risk assessment is a program pillar, and the enterprise assessment is the top of it. It looks across your whole business, every product, customer type, market, and channel, to judge where money laundering and terrorist financing risk really sits. Get this right and your controls, monitoring, and diligence all follow sensibly.
One View of the Whole Business
An enterprise risk assessment pulls your entire business into a single documented view. We assess the risk in your products and services, your customers and business relationships, the geographies you touch, and the channels you deliver through, then bring them together into one clear picture with a defensible rating. That firm wide view drives your risk based approach.
Whole Business
We assess money laundering risk right across your entire whole business.
Four Factors
We cover your products, customers, geography, and delivery channels all together.
Defensible Rating
We produce a clear, documented, and defensible overall business risk rating.
Drives Controls
We link the assessment to the controls it should really shape.
Ready to Simplify Your Compliance?
Businesses We Assess and Support
We assess payment service providers, money services businesses, currency dealers, crypto businesses, and many of the other financial businesses that genuinely need a documented enterprise risk assessment 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
Truly Firmwide
We assess the whole business in one view, so nothing important falls between the gaps of narrower product assessments.
Regulator Ready
We document the assessment the way a regulator expects, so it stands up as the foundation of your program.
Actually Useful
We make it drive real decisions, so the assessment shapes your controls rather than sitting unused on a shelf.
Serving Businesses Across Canada
We assess businesses right across the whole of Canada, from Toronto and Montreal to Vancouver and Calgary, and foreign businesses meeting their Canadian risk assessment duties 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.
Risk Assessment Questions
Clear answers to the questions businesses ask most about building a documented enterprise risk assessment right across the whole of Canada.
What is an enterprise risk assessment?
It is the single documented assessment of money laundering and terrorist financing risk across your whole business, underpinning your entire program.
What must it actually cover?
Your products and services, customers and relationships, the geographies you touch, and your delivery channels, brought into one documented view.
Is a risk assessment required?
Yes. A documented risk assessment is one of the core pillars of a compliant AML program under Canadian regulation.
How does this differ from product assessments?
Product or sector assessments look at one line. The enterprise assessment brings the whole business together, and those narrower views feed into it.
How often should it be updated?
Whenever the business changes materially, new products, markets, or customers, and reviewed regularly so it stays a current, accurate picture.