The Anti-money Laundering & Anti-terrorist Financing (AML & ATF) Committee consists of six dedicated professionals who have a wide variety of experience in AML & ATF. Their main objectives are to assist us, our members and their firms in: contributing to the fight against money laundering and terrorist financing, including bribery and corruption continuing to develop a trusted reputation for the our profession in the area of AML & ATF assessing the impact of the legislation and related governmental consultations and initiatives identifying, prioritizing and analyzing issues that may have an impact on the accounting profession developing timely and relevant guidance and resources that will assist us in understanding the obligations under AML & ATF legislation and improving the level of compliance This committee has published compliance guidance and a CPA Magazine article and has hosted a successful webinar to guide our members in this challenging area. It has also testified at both the Senate and House of Commons standing committees regarding Canada’s AML & ATF legislation (PCMLTFA) and responded to governmental consultation papers and a paper issued by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), the regulator in charge of the AML & ATF regime. In March 2015, this committee determined its future strategy, assessed what FINTRAC policies require clarifications and identified opportunities to raise awareness of compliance obligations in light of FINTRAC’s examinations of the accounting sector. The Financial Action Task Force (FATF), the body that issues international AML & ATF standards, will be performing its next evaluation (inspection) of Canada in 2015 and the committee will assess the results.