BO / KYC-AML (FINTRAC ↔ UIF Alignment)
Beneficial ownership, AML risk and controls—harmonized across Canada and Mexico.
- Beneficial Ownership registers: CBCA/ISC ↔ SAT BC record.
- AML risk assessment (entity-level, MX operations).
- Policies & procedures (KYC onboarding, monitoring, EDD).
- Sanctions screening approach and testing evidence.
- Training & attestations for front-line and control functions.
- Testing & remediation log (audit-ready).
- Baseline: map current BO/AML position, datasets & tools.
- Design: unify standards; define RACI and documentation kit.
- Execute: roll-out registers, workflows, training.
- Evidence: testing samples, exception handling, continuous improvement.
- Avoid misalignment FINTRAC vs. UIF that triggers findings/sanctions.
- Prove effective governance & control to HQ and regulators.
- Reduce onboarding friction with clear KYC standards.
- Do you implement screening tools? We define standards and can assist vendor selection; tooling is your choice.
- Is this only for reporting entities? We tailor to your applicability; many groups still need BO records and AML controls.
Let’s start with an initial assessment (no cost)
Beneficial ownership records, AML risk assessment, policies, training, testing and sanctions screening aligned across Canada and Mexico.
Professional Notice. BO / KYC-AML provides advisory support on beneficial ownership and anti-money-laundering controls for informational and management purposes. It is not legal, accounting, or tax advice, and not an audit or assurance engagement. Scope, responsibilities, and deliverables are governed solely by Symbiosis’s signed service agreement.
Engagement terms. The client–consultant relationship—including confidentiality, data handling, conflicts of interest, fees, and limited liability—is defined exclusively in the signed service agreement. No professional relationship or obligations arise until that agreement is executed.
Exclusions. BO / KYC-AML does not include litigation representation, formal legal opinions, financial/forensic audits, or real-estate brokerage/intermediation. Additional services (e.g., CBCR™, CGRR™, implementation) require a separate engagement.