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ARTICLE · 10 FEBRUARY 2026

FINTRAC's AMPs: Where Are They Heading?

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Administrative monetary penalties (AMPs) have become the key tool for the Financial Transactions and Reports Analysis Centre of Canada's (FINTRAC's) enforcement of Canada's anti-money laundering (AML) regime.

CanadaFinance and Banking
Peter Aziz
Peter Aziz
Marissa Daniels
Marissa Daniels
Jon Silver
Jon Silver
Hailey Schnier
Hailey Schnier
James Flynn
James Flynn
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Administrative monetary penalties (AMPs) have become the key tool for the Financial Transactions and Reports Analysis Centre of Canada's (FINTRAC's) enforcement of Canada's anti-money laundering (AML) regime. In 2025, FINTRAC issued more AMPs than ever before—including the two largest AMPs to date—and the 2025 Federal Budget (the Budget) included legislative reforms that would increase AMP amounts and broaden the scope of Canada's AML regime. Canada's AML framework has also been attracting greater international scrutiny as the Financial Action Task Force (FATF) undergoes its mutual evaluation of the country.


Despite FINTRAC's record-breaking AMPs and proposed legislative amendments, more action means more scrutiny. Recent judicial guidance from the Federal Court of Canada in Norwich v. FINTRAC1 and FINTRAC's new AMP policy will shape how the regulator approaches AMPs in 2026.

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