Canada to expand AML rules to title insurers and nonbank ATM operators

The reforms target long-standing gaps in Canada’s AML regime, extending FINTRAC oversight into two sectors linked to title fraud and cash-based laundering schemes.

Canada will begin regulating title insurers and private ATM acquirer services as “reporting entities” under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), starting October 1, 2025.

Both sectors, historically vulnerable to money laundering, will now fall under the supervision of the Financial Transactions and Reports Analysis Centre of

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