In this episode of Trust Talks & Digital Dives, we explore Canada’s evolving role in combating anti-money laundering (AML) and anti-terrorist financing (ATF) risks on the global stage. Featuring Laurie Clark, Co-founder, Principal, and Director at Canchek Corporation, the conversation examines why Canada continues to face scrutiny despite having strong regulatory frameworks, and how enforcement, coordination, and technology modernization are shaping the future of compliance.

The discussion dives into the realities facing Canadian firms — from escalating regulatory expectations and reputational risks to the growing need for real-time monitoring and automation. We also explore the role of AI-driven compliance tools, the importance of transparency and auditability, and why Canada has the potential to become a global leader in compliance innovation through stronger execution and smarter technology adoption.

Guest: Laurie Clark, Co-founder, Principal, and Director at Canchek Corporation

Moderator: Joni Brennan, President at DIACC

Key Discussion Topics & Questions

• Why is Canada under scrutiny when it comes to money laundering and terrorist financing?
• How does Canada’s trusted financial ecosystem create both strength and vulnerability?
• How has Canada’s AML/ATF regulatory landscape evolved over the last decade?
• What did recent FATF evaluations reveal about Canada’s AML performance and implementation gaps?
• What are the biggest compliance challenges facing Canadian companies today, especially smaller firms and fintechs?
• What are the real-world financial and reputational risks when AML compliance fails?
• How can automation and real-time monitoring technologies help firms manage compliance obligations more effectively?
• Are regulators becoming more open to AI-driven compliance and monitoring solutions?
• What does the next five years of AML/ATF regulation and enforcement in Canada look like?
• How can Canadian companies position themselves to lead globally in compliance innovation?

References & Resources

• Canchek Corporation: https://www.canchek.com
• FINTRAC AML Guidance: https://fintrac-canafe.canada.ca
• FATF Evaluation Reports: https://www.fatf-gafi.org 

Get to Know

• Laurie Clark, Co-founder, Principal, and Director at Canchek Corporation: https://www.linkedin.com/in/smartenupinstitute/
• Joni Brennan, President at DIACC: https://www.linkedin.com/in/jonibrennan/