One connected platform that does it all.
You didn't start your business to run a compliance department. But for a Canadian money services, payment, or crypto business, FINTRAC compliance has quietly become a second job. BriteBase brings the whole program into one place, pairing software with a Canadian compliance bench, and takes it off your plate for one predictable annual cost.
Complimentary program setup and systems migration Included with every plan
Peace of mind
A compliance program owned end to end by accountable specialists, not improvised between a dozen competing priorities.
Freedom from the fear of penalty
The exposure that keeps you up at night, brought down to a known, defensible, examination-ready position.
Freedom to focus and scale
Your hours, your headspace, and your confidence returned, so you can grow the business only you can build.
Weak compliance has no price tag. That's the problem.
Run compliance on spreadsheets, point tools, and the occasional consultant, and the real cost is whatever goes wrong: a penalty, a remediation project, a lost banking partner, a full-time hire you hadn't planned for. None of it sits on a budget line. BriteBase converts that open-ended exposure into one known annual number you can plan around and defend.
- A single FINTRAC penalty can run into the millions under the Bill C-12 regime.
- Bank de-risking: losing banking access can halt the business overnight.
- A full-time compliance hire costs CAD $90,000 to $140,000+ per year, plus ramp time.
- Remediation projects: false-positive load, slow onboarding, and lost deals.
- One annual subscription: the platform plus practitioner support, scaled to your size.
- A known number you can plan around, not an open-ended consultant invoice.
- No retainers, no hourly billing: the cost doesn't move when the workload does.
- Scales with you: add modules, users, and assurance as the firm grows.
The regulatory stakes are rising sharply.
Bill C-12, in force since March 2026, raised the maximum administrative monetary penalty per violation by roughly forty times. FINTRAC enforcement has accelerated. Weak compliance is no longer a background risk; it is a quantifiable exposure today.
Five years of published Administrative Monetary Penalty notices, by reporting-entity sector.
Money Services Businesses
A hypothetical scenario, built from the patterns we see across Canadian MSBs. It is not a description of a specific client.
A currency-exchange MSB facing its first FINTRAC examination notice
A founder-run MSB offering currency exchange and remittance, around CAD $3M in annual revenue, with one part-time staffer handling compliance. The program runs on a screening tool, spreadsheets for risk rating, and Word policies last updated two years ago.
A FINTRAC examination notice arrives. The policies are out of date, the risk assessment was never formally documented, alert dispositions live in email threads, and there is no clean audit trail. A part-time staffer cannot carry an examination, and hiring a full-time CAMLO would take months and six figures the firm hadn't budgeted.
BriteBase steps in under Managed AML. A fractional CAMLO is appointed, the five program pillars are rebuilt and documented, and screening and case work move onto the AML Operating Platform. Examination Readiness produces the workpapers and an evidence pack, and BriteBase responds alongside the founder.
The MSB walks into the examination with a documented, current program and a clean audit trail. The founder stops managing compliance between sales calls, and the whole program now sits on one predictable annual number.
Two halves of one compliance program. Offered together.
BriteBase delivers Full-Stack, Purpose-Built AML Systems & Support: a software platform that runs the program, and a Canadian compliance bench that supplies the judgment. Software handles what should never depend on a manual checklist. Practitioners handle the calls that should never be left to software.
The AML Operating Platform
A multi-agent software platform that runs the compliance program end to end: explainable by design, with a human in the loop for every regulated decision, and a traceable reasoning record behind every one.
- Onboarding & KYC
- Screening, risk rating & transaction monitoring
- Automated report filing & integrated workflow
Compliance-as-a-Service
A bench of qualified Canadian AML practitioners delivers your entire FINTRAC program: the five mandated pillars, plus the operational work in between. If you have no dedicated compliance officer, this is the team that becomes one.
- Fractional CAMLO
- The five FINTRAC program pillars, delivered
- Examination readiness & response
Software for scale. Practitioners for judgment. Offered together, one vendor accountable for the combined result.
An accountable vendor, built by people who have run the program.
Most RegTech is offered on a best-efforts basis: the vendor disclaims liability and caps its exposure, so when the logic misses, you carry the entire downside. BriteBase is built differently, by a team that has sat on both sides of a FINTRAC examination.
Assurance-backed accountability
BriteBase is built to stand behind the outcome of its own supported logic, structurally, not as a marketing claim. It contractually stands behind a documented systemic failure of its own logic. That is the opposite of capped-liability RegTech, where the vendor's exposure stops at the last twelve months of fees and the rest is yours.
Built by practitioners
BriteBase is built and run by senior compliance practitioners who have designed AML and sanctions programs and responded directly to FINTRAC examinations inside regulated financial institutions. The program you hand over is one that practitioners have actually run.
What's changing in FINTRAC compliance, and what to do about it.
Our published analysis on the regulatory shifts that matter most to Canadian non-bank reporting entities.
The FINTRAC enforcement crisis facing Canadian MSBs: what the data actually shows
Three years of enforcement data expose a sector under extraordinary scrutiny, and Bill C-12, in force since March 2026, has materially raised the stakes. What compliance officers at Canadian MSBs and PSPs need to understand right now.
Read the articleInside the March 2026 AMP increase: new ceilings, new exposure
March 2026 brought a substantial increase in administrative monetary penalty ceilings. What changed, why it matters, and how to think about your firm's exposure.
Read the articleBuilding an audit-ready compliance program for FINTRAC examinations
Examinations don't reward effort. They reward evidence. A practical playbook for structuring documentation, workpapers, and operational habits that survive scrutiny.
Read the articleWhere the enforcement is concentrated.
A closer look at the FINTRAC public AMP register: which sectors take the most actions, and which carry the heaviest average penalty per action.
AMPs by reporting-entity type
Highest average per AMP
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Foreign MSB/VASP$8.70M
Three AMPs, all for unregistered foreign crypto exchanges.
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Bank (Schedule I/II)$2.55M
TD ($9.2M) and RBC ($7.5M) led nine published bank actions.
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Casino$537K
SIGA ($1.175M) and BCLC ($1.075M) the largest outliers.
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Securities Dealer$170K
Five AMPs in the past 18 months as scope expanded.
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Real Estate$109K
Volume-driven: 27 AMPs, 4.4 avg violations each, systemic failures.
Source: FINTRAC Public Notice of Administrative Monetary Penalties (fintrac-canafe.canada.ca/pen/4-eng), all 84 published actions between November 2020 and May 2026.
Hand the compliance department to BriteBase.
One call is all it takes to start. We'll walk you through how BriteBase would take on your program, and what it costs, scaled to your firm. No retainers. No hourly rates.