Industry Guides and Tools
For AMBA Members
For Alberta mortgage brokers and mortgage industry professionals, staying informed is key to delivering exceptional service and maintaining compliance.
This resource hub provides access to guides, checklists, and tools to support your work—from understanding regulatory requirements to adopting best practices that strengthen client relationships.
Compliance Toolkit
Mortgage lenders, brokers, and administrators fall under the anti-money laundering obligations outlined in the FINTRAC Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and its regulations.
AMBA is here to support you with comprehensive resources, expert guidance, and exclusive discounts, ensuring your brokerage is ready. Bookmark this page and check back for updates and additional resources.
If you have questions about FINTRAC or PCMLTFA, please contact us, and we’ll put you in touch with the appropriate resource.
AMBA’s Compliance Toolkit
Together we can uphold our industry’s high standards and prevent illegal money from entering the system.
Compliance Templates
To help our Members establish regulations, AMBA has developed a template/guide. Your Guide to Compliance: AMBA’s Anti-Money Laundering Compliance Policy Template was developed in partnership with The AML Shop.
Establishing policies and procedures is a core component of your compliance, and this document provides a template for your own anti-money laundering policies and procedures that are compliant with PCMLTFA and FINTRAC.
AMBA Members: Log in to your Member Portal, click on the Member Resources tab, and select Your Guide to Compliance.
Webinars
Log in to your Member Portal to watch the following compliance webinars under Member Resources:
- PCMLTFA and Impacts on the Mortgage Industry – October 2023
- FINTRAC Compliance Webinar – February 2024
- Compliance Template Q&A with The AML Shop – August 2024
Compliance Services
The AML Shop has special pricing for AMBA Members on services including compliance training seminars, custom risk management plans, and more.
View The AML Shop’s service offerings here.
Contact The AML Shop for more information.
Key Links
- FINTRAC Video. Mortgage Sector: Compliance program requirements. Posted Nov. 14, 2024, this video is intended for the mortgage sector and describes the five elements of a compliance program that you need to implement.
- The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is Canada’s financial intelligence unit and anti-money laundering and anti-terrorist financing supervisor. Contact FINTRAC by phone at 1-866-346-8722 or email at guidelines-lignesdirectrices@fintrac-canafe.gc.ca or visit FINTRAC’s mortgage sector page at https://fintrac-canafe.canada.ca/re-ed/mortgage-hypotheque-eng.
- FINTRAC’s Compliance Program Requirements Guide. This guide answers common questions about compliance programs.
- FINTRAC’s Self-Assessment Tool for the Mortgage Sector. This tool helps individuals and firms in the mortgage industry determine if requirements of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the Act) and associated Regulations will apply to them as of October 11, 2024.
- FINTRAC Notices and Advisories. FINTRAC issues notices and advisories to convey the latest information on obligations, reporting and examinations.
- MPC’s Anti-Money Laundering and Anti-Terrorist Financing Course.
Explore RECA’s Guides and Checklists
The Real Estate Council of Alberta (RECA) offers a comprehensive collection of guides and checklists designed to support licensees and learners. While not all resources are specific to mortgage brokers, understanding the broader real estate landscape is invaluable for building expertise and serving clients effectively.
