Canada Consolidated
**Overview:
**The Canada Consolidated dataset provides essential data for ensuring compliance with Canadian financial regulations. It is used for screening against Canadian sanctions lists and monitoring activities related to anti-money laundering (AML) and counter-terrorism financing (CFT).
Canada Consolidated Official Source Data
| Attribute | Details |
|---|---|
| Departments Involved | Finance, Legal, Compliance, Operations |
| Key Risks Identified | Regulatory non-compliance, sanctions violations, financial crimes |
| Focus Areas | Compliance with Canadian financial regulations, Screening against Canadian sanctions lists, AML/CFT measures |
| Source | Canada Consolidated (https://www.international.gc.ca/world-monde/international_relations-relations_internationales/sanctions/consolidated-consolide.aspx?lang=eng) |
| Period Source | 2020 |
| Updation at Source | As cases are filed/resolved |
| Used For | -Litigation history |
| -Defaulter & Blacklist mentions | |
| -Promoter & Related Party quality | |
| Used As | Scores for dimension/parameter may vary if an exact match for an entity/individual/promoter is found. Scores are influenced by the case type (latest/old) and its status (resolved/unresolved) |
| Compliance Framework | Adheres to Canadian financial regulations and international AML/CFT standards |
Data Management and Maintenance
The Canada Consolidated dataset is updated as cases are filed or resolved. It plays a vital role in maintaining compliance with Canadian financial regulations and mitigating financial crime risks.
Compliance and Regulatory Framework
The dataset adheres to Canadian financial regulations and aligns with international AML/CFT measures. It helps ensure that organizations are compliant with legal requirements by screening against sanctions lists and identifying potential regulatory risks.