Sanctions Risk Assessment Services for Reporting Entities
You cannot screen well until you know your exposure. We build the sanctions risk assessment that measures where your business faces sanctions risk, so your screening and controls are sized to match.
Know Your Exposure Before You Screen
Sanctions risk is not the same for every business. It depends on where your customers are, what you sell, how you deliver it, and who you transact with across borders. A sanctions risk assessment measures that exposure, so you understand where your real risk sits before you decide how much screening and monitoring it demands.
Risk That Drives the Controls
An assessment is only useful if it shapes what you do. We translate your sanctions exposure into practical decisions: which lists to screen against, how intensively to monitor, and where to apply the closest scrutiny. The result is screening sized to your actual risk, so higher-risk exposure gets more attention and lower-risk activity is not smothered in needless checks.
Geographic Risk
We assess exposure to sanctioned and high-risk jurisdictions across your customers and transactions.
Customer Risk
We evaluate the sanctions risk carried by your customer base and its connections.
Product Risk
We assess how your products and delivery channels raise or lower sanctions risk.
Risk Profile
We document a sanctions risk profile that drives your screening and monitoring decisions.
Ready to Simplify Your Compliance?
Businesses We Support With Assessment
We build sanctions risk assessments for money services businesses, payment service providers, cryptocurrency platforms, currency exchanges, real estate firms, and the many other reporting entities measuring sanctions exposure under the PCMLTFA.
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
Exposure Mapped
We measure sanctions risk across geography, customers, and products, so you see exactly where your exposure actually sits.
Controls Proportionate
We size your screening to your real risk, so high-risk exposure gets scrutiny and low-risk activity is not over-checked.
Clearly Documented
We produce a documented risk profile, so your controls are justified and your reasoning stands up at examination.
Serving Businesses Across Canada
We deliver sanctions risk assessments right across the whole of Canada, from Toronto and Montreal to Vancouver and Calgary, and for foreign reporting entities carrying Canadian obligations wherever they 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.
Sanctions Risk Questions
Clear answers to the questions Canadian businesses ask most about assessing their sanctions risk exposure under the PCMLTFA and FINTRAC rules.
What is a sanctions risk assessment?
An evaluation of where your business is exposed to sanctions risk, across geography, customers, products, and cross-border relationships.
Why assess sanctions risk separately?
Sanctions risk has its own drivers, so assessing it specifically lets you size screening and monitoring to your actual exposure.
What raises a sanctions risk?
Exposure to sanctioned or high-risk jurisdictions, certain customer connections, cross-border transactions, and US dollar activity can all raise sanctions risk.
How does this relate to wider risk?
Sanctions risk assessment focuses on sanctions exposure specifically, feeding into your wider money laundering and terrorist financing risk assessment.
How does the assessment help screening?
It sizes your screening and monitoring to your risk, so higher-risk exposure gets more scrutiny and lower-risk activity is not over-checked.