The mission of the Alliance for Excellence in Investigative and Forensic Accounting is to serve the interests of society and CA•IFAs by providing leadership to uphold the professional integrity, standards, and pre-eminence of Canada's CA•IFAs through research, education, certification, and promotion.

• Monetary Policy
• Currency
• Financial System
• Funds Management
• Corporate Administration

Identity fraud, the theft and use of personal information for criminal purposes, is one of the fastest growing crimes in Canada. All Canadians should be aware of the need to protect their personal information and ensure their identity and finances are not compromised.

Nowadays, effective crime prevention requires integration and cooperation between law enforcement and public/private organizations. From these collaborative efforts, practical tools can be created to raise fraud awareness and alert people to some of the more common deceptive practices criminals use to obtain their personal information.

Consumer Scams in Canada page lists warnings, alerts and safety precautions to protect yourself from consumer scams and fraud in Canada.

Setting High Standards for the Anti-Fraud Profession

To become a CFE, an individual must pass a rigorous test on the four major disciplines that comprise the fraud examination body of knowledge:

• Criminology and Ethics
• Fraudulent Financial Transactions
• Fraud Investigation
• Legal Elements of Fraud
  

Merchants Against Financial Crime

The Merchants Against Financial Crime initiative was developed to help combat financial crime in the National Capital Region. Its objective is to educate merchants in the community on the subjects of counterfeit currency, credit card and debit card fraud, identity theft, money laundering, FINTRAC, mass marketing fraud, and intellectual property rights crime. All of these presentations are tailored to specifically meet the needs of the individual business and only applicable subjects are addressed.

The RCMP Integrated Proceeds of Crime Section, the Commercial Crime Section, and the Federal Enforcement Section are working in partnership with the Ottawa Police Service, the Gatineau Police Service, the Bank of Canada and FINTRAC with the goal of educating the public and preventing financial crime.

This program is now entering its eight year in the National Capital Region. With its success, the program has expanded to a national level thus educating merchants across Canada. Over the summer of 2008, the facilitators were able to establish contact with 291 businesses (retail stores, real estate agencies, etc.).

The RCMP would like to organize a meeting with your business on financial crime. We would be pleased to visit you and your staff at your location this summer. Please contact us to establish a time that is convenient for you.

The conference will take approximately 1.5 hours, during which time facilitators will present information on money laundering, counterfeit currency, credit card and debit card fraud, internal fraud, identity theft, mass marketing fraud, and intellectual property rights crime (according to which areas apply to your business). Also, information packages from the Bank of Canada, as well as educative material pertaining to your business will be handed out to all managers.

Should you wish further information on this program please contact Sergeant Daniel Campeau at (613) 993-4455.

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Canada's financial intelligence unit, was created in 2000. It is an independent agency, reporting to the Minister of Finance, who is accountable to Parliament for the activities of the Centre. It was established and operates within the ambit of the Proceeds of Crime (money Laundering) and Terrorist Financing Act (PCMLTFA) and its Regulations.

FINTRAC's mandate is to facilitate the detection, prevention and deterrence of money laundering, terrorist activity financing and other threats to the security of Canada. The Centre fulfills its mandate through the following activities:

• gathering and analyzing information on suspect financial activities;
• ensuring those subject to the PCMLTFA comply with reporting, record keeping and other obligations;
• making case disclosures of financial intelligence to the appropriate law enforcement agency, CSIS, or other agencies designated by legislation in support of investigations and prosecutions; and
• enhancing public awareness and understanding of matters related to money laundering.

These activities are conducted while ensuring the protection of the personal information under FINTRAC's control.