With FINTRAC’s Gen 2 regulatory reporting requirements now in effect, having the right Financial Crime Management solution is critical to ensure that filing STRs, EFTRs, and LCTRs to FINTRAC is easy and efficient for your institution.
Nasdaq Verafin is the industry-leader in Financial Crime Management solutions, and proudly Canadian with over 20 years of experience helping financial institutions across the country fight financial crime and maintain compliance with confidence. Our approach brings increased efficiency and confidence to your regulatory reporting process, from automated report generation and pre-populated fields to electronic filing directly with FINTRAC and examiner-friendly audit trails.
In this special session, we demonstrate how our platform enables you to file STRs, EFTRs, and LCTRs with ease and confidence.
You will learn about:
- Robust Gen 2 Reporting: Our easy, complete and robust support for FINTRAC’s Gen 2 regulatory reporting formats for STRs, LCTRs and EFTRs.
- Pre-Populated Report Fields: Nasdaq Verafin completes all data fields when the report is generated and indicates if you are missing required information. Easily edit or add any necessary details and submit the report to FINTRAC.
- One-Click Electronic Filing: With the click of a button, queue your completed report for automated overnight electronic filing directly from the Nasdaq Verafin application to FINTRAC.
- Workflow Dashboards: Quickly and easily view the status of your reports, from incomplete to accepted by FINTRAC. Additionally, the ability to see reports sorted by their submission deadline means you will never miss a due date.
- Auto-Submitting Complete Reports: Configure Nasdaq Verafin to auto submit reports directly to FINTRAC, without requiring you to review the report.
