AML Screening is how you stay compliant with FINTRAC obligations on every client. It runs identity, PEP, sanctions, and adverse media checks, assigns a risk level, and schedules recurring re-screenings.
What A Screening Actually Checks
Every screening runs against:
- Sanctions and watchlists - global sanctions regimes, law-enforcement and regulatory watchlists.
- PEP databases - Politically Exposed Persons and their family / close associates.
- Adverse media - negative news coverage tied to financial crime, fraud, corruption, etc.
Full breakdown: What Lists Are Checked.
Who Has Screening Enabled
- Solo agents - AML Screening is on by default the moment you sign up. No setup required.
- Brokerage agents - Screening is enabled once your brokerage admin activates the compliance program for your brokerage. Until then, you won't see the AML Screening surface. Admins, see Activating Your Compliance Program.
What Happens After A Screening
After you run a screening on a client:
- We hit the source lists.
- You get back a result: Clear, Attention, or Match Confirmed.
- The client is assigned a risk level based on the risk rating checklist you filled out.
- A next re-screening date is set automatically based on the risk level (1, 2, or 3 years, or None). See Re-Screening Frequency.
If the screening hits something serious (high-risk PEP, sanctions match), additional workflows kick off - see Sanctions Incidents and Managing EDD Cases.
Recurring Re-Screenings
We re-screen on the cadence set by the risk level. If a future re-screening flags new information (a new sanctions hit, a new PEP match), you're notified - see Notifications You'll Receive.
What To Do Next
- Run your first screening: Running A Screening On A Client.
- Understand the risk rating: The Risk Rating Checklist.
- For brokerage admins setting this up: Activating Your Compliance Program.