Credit Union AML Training Plan + FINTRAC Exam-Ready Checklist (Canada)

In September 2026, FINTRAC announced C$816,750 in penalties against four Canadian credit unions. The findings were the basics: out-of-date policies (4 of 4), risk assessments not done or documented (3 of 4), and suspicious transactions that were never reported (the largest penalty, C$676,500).

This pack helps your credit union or caisse fix all three, and gives you a ready-made, documented training plan.

What's inside

1. Credit Union AML Training Plan (6-page PDF): a 12-month, role-based plan for board, compliance, frontline, lending, operations, new hires and agents. 6 module outlines, a quarterly calendar, 8 sample test questions with answers, an evidence checklist, a training record log and an approval block.
2. Editable Word template: add your names, dates and staff numbers, have your senior officer approve it, and file it.
3. FINTRAC Exam-Ready Checklist (4-page PDF): 9 sections with tick boxes: compliance officer, policies, risk assessment, effectiveness review, know your member, reporting, training, record keeping and an exam-day document pack. Items FINTRAC cited in 2026 are flagged.

Who it's for

Compliance officers, MLROs and managers at credit unions, caisses populaires and other small reporting entities in Canada.

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Based on FINTRAC's public penalty notices of 24 September 2026. Check FINTRAC's guidance for exact thresholds, deadlines and retention periods. General information, not legal advice. Confirm against current FINTRAC guidance and your provincial regulator.