Financial Transactions and Reports Analysis Centre of Canada

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is Canada's national financial intelligence agency. It monitors financial activities to detect and prevent money laundering and terrorist financing. FINTRAC collects, analyzes, and shares financial data from banks, casinos, and other institutions to identify suspicious activities. It helps law enforcement agencies investigate illegal financial practices and maintain the integrity of Canada's financial system. Essentially, FINTRAC acts as a watchdog, ensuring financial transactions are lawful and preventing criminal use of financial services.