Managed FINTRAC Filing Service for MSBs

Get audit-ready reporting with hands-on filing support from Comply+ — from trigger review to submission quality checks.

One Minute Setup
Free to Start
No Credit Card Required

Built for MSB teams that need execution support, not just advice

Many compliance teams know what should happen in theory, but struggle to maintain consistency under real filing pressure. Comply+ Managed Filing Service helps your team move from reactive filing to a repeatable, audit-ready reporting operation.

Whether you're handling STR, LCTR, or EFTR obligations, we help ensure submissions are timely, defensible, and supported by clear internal controls.

What the Managed Filing Service includes

1) Reporting trigger and workflow setup

  • Trigger mapping for core report types
  • Role clarity across operations and compliance
  • Escalation paths that reduce missed or late decisions

2) Filing support and submission quality controls

  • Pre-submission quality checks for consistency and completeness
  • Structured decision rationale capture for defensibility
  • Documentation standards that improve audit readiness

3) Ongoing oversight and optimization

  • Pattern-level review support to reduce repeat issues
  • Process refinements based on observed filing friction
  • Practical recommendations for improving throughput and control quality

Why teams choose managed filing support

  • Lower operational risk: fewer preventable filing errors
  • Higher confidence under audit: organized and retrieval-ready records
  • Reduced team strain: less fire-drill work and clearer ownership
  • Scalable process: workflows that can grow with transaction volume

Is this right for your team?

Managed filing is typically a fit when:

  • your compliance team is lean,
  • filing volume has increased,
  • documentation quality is inconsistent,
  • or you are preparing for an exam, remediation cycle, or internal controls refresh.

If you already have policy coverage but execution gaps remain, managed filing support can close that last-mile risk quickly.

Next step: pick the path that matches your needs

  • If you want to see the workflow first, book a Comply+ demo.
  • If you already know you need execution support, request managed filing service details and we'll scope the right support model for your team.

Book a Demo

Use the demo form on this page to walk through your current process and identify high-impact improvements.

Request Managed Filing Service Details

Contact us through the same form and include "Managed Filing Service" in your message so we can route your request for service scoping.

Enforcement & Penalties

The Cost of Non-Compliance

FINTRAC enforcement is intensifying. Recent penalties demonstrate that compliance failures result in significant financial consequences, with Bill C-2 increasing maximum penalties to $20 million for entities.

Recent FINTRAC Penalties

FINTRAC has imposed significant Administrative Monetary Penalties (AMPs) for compliance failures across multiple sectors.

Juba Express Inc. — $67,150

December 2025 — Toronto, Ontario

Multiple compliance failures including no effective compliance regime, no proper risk assessment, and failures to submit EFT and LCT reports.

Read case study

MP Technology Services Ltd. — $536,853.35

December 2025 — Foreign MSB (Seychelles)

Failed to submit STRs for transactions with exposure to darknet marketplaces, sanctioned entities, and child sexual abuse material.

Read case study

Xeltox Enterprises (Cryptomus) — $176,960,190

October 2025 — British Columbia

2,593 violations including 1,068 unreported STRs, 1,518 unreported LVCTRs, and failure to comply with Ministerial Directive on Iran.

Read case study

KuCoin (Peken Global) — $19,552,000

September 2025 — Foreign MSB (Seychelles)

Unregistered foreign MSB, 2,952 unreported LVCTRs, and 33 unreported STRs linked to darknet marketplaces and illicit chemical trade.

Read case study

Bill C-2: Increased Penalties

Under Bill C-2 (tabled June 2025), maximum Administrative Monetary Penalties have increased dramatically:

  • Entities: Up to $20 million (previously $500,000) — a 40x increase
  • Individuals: Up to $4 million (previously $100,000)
  • Criminal penalties: Certain compliance failures can result in criminal prosecution
Learn more about Bill C-2

Enforcement Trends

  • 23 Notices of Violation issued in 2024–25, the highest annual volume since 2008
  • More than $25 million in total penalties in 2024–25
  • Over 150 penalties imposed since 2008 across all regulated sectors
  • FINTRAC is moving to a supervisory model anchored in credible deterrence

Why Choose Comply+

Purpose-built for Canadian FINTRAC compliance. Automate reporting, reduce risk, and scale your operations.

Comprehensive Reporting

Handle all FINTRAC transaction types with automated LCTR, LVCTR, EFTR, and STR detection and submission. Our system identifies reportable transactions across cash, virtual currency, and electronic funds transfers.

AI-Powered Detection

Our proprietary aiSTR™ technology automatically flags suspicious transactions and drafts FINTRAC-compliant narratives. Reduce false positives and ensure nothing falls through the cracks.

Scalable Operations

Scale your operations without increasing compliance overhead. Automate reporting workflows to handle growth from hundreds to thousands of transactions per month.

Platform Features

Complete FINTRAC Compliance Solution

From batch uploads to direct FINTRAC submission — everything you need in one platform

Direct FINTRAC Submission

Submit reports directly to FINTRAC securely. No need to log in to the FINTRAC website — everything is handled within Comply+.

Autopilot Mode for Connected Databases

For fully connected databases, enable autopilot for automatic submission of LCTRs, LVCTRs, and EFTRs. Our proprietary aiSTR™ technology handles suspicious transaction detection, requiring manual review only for STRs.

Intelligent Batch Processing

For non-connected databases, upload a CSV of transactions. Automatically detect required reports and generate draft LCTRs, LVCTRs, EFTRs, CDRs, and STRs with AI-powered analysis.

AI-Driven STR Detection

Our proprietary aiSTR™ technology automatically flags high-risk transactions and drafts narratives aligned with FINTRAC risk indicators. You retain full control with manual overrides.

Customer & Location Management

Maintain complete customer and location data with direct integrations to providers like SumSub. Reports auto-populate with existing records.

Draft & Save Reports

Create and save draft reports — including AI-generated STR narratives — for later completion. Work at your own pace with automatic data preservation.

STR Extensions Made Simple

Add STR extensions to existing reports (LCTR/LVCTR/EFTR/CDR) with one click. Fill only additional fields — no separate forms.

COMING SOON

AI Model Configuration

Risk Detection Settings

Risk Indicator A
Identified: 87%
Risk Indicator B
Identified: 94%
Risk Indicator C
Identified: 82%
Overall Risk Rating78%

Recommended STR filing

aiSTR 2.0

Advanced risk flagging via AI. Machine learning flags suspicious transaction patterns — reducing false positives and helping teams act faster on STRs.

Direct Slack integration for no login STR review/submissions

Maximize risk detection with custom set, and AI-driven risk indicators

Set your risk indicator weightings, or let aiSTR optimize detection

Generate higher accuracy through reinforced learning

30-Minute Demo

See Comply+ in action.

Watch us process transactions, demonstrate aiSTR™ detection technology, and show autopilot mode for connected databases.

1. Data Processing

Upload CSV or connect database - watch automatic detection

2. aiSTR™ Technology

See AI-powered suspicious transaction detection in action

3. Autopilot Mode

Experience fully automated FINTRAC submissions

Ready to see it in action?

Enter your email to get started with your personalized demo

We'll send you demo details and redirect you to schedule

Disclaimer

This page is provided for general informational purposes only and reflects our interpretation and opinions based on publicly available information at the time of writing. It does not constitute legal advice, financial advice, regulatory guidance, or a substitute for professional counsel. Reporting entities and businesses subject to FINTRAC obligations should consult qualified legal and compliance advisors before making decisions relating to FINTRAC, AML obligations, or compliance requirements.