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ARCHIVED - Financial Transactions and Reports Analysis Centre of Canada
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SECTION IV - OTHER ITEMS OF INTEREST
FINTRAC's Organizational Information
FINTRAC is established as an independent agency, reporting to Parliament through the Minister of Finance, who is responsible for the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and its accompanying regulations. The organization is funded through appropriations. The Centre is headquartered in Ottawa and has regional offices in Montreal, Toronto and Vancouver.
The Director, appointed by the Governor-in-Council, is the Chief Executive Officer of the Centre and has all the powers of a deputy head of a department. The Centre has separate employer status. The Director is required to report to the Minister of Finance on the exercise of those powers and the performance of duties authorized under the Act.
The Financial Analysis & Disclosures directorate includes all of FINTRAC's tactical financial intelligence functions for detecting money laundering and terrorist activity financing schemes.
The Macro Analysis & Integration directorate is responsible for FINTRAC's strategic financial intelligence mandate, including: research into trends and typologies; the articulation of the needs of each business lines for new and innovative IT solutions and the optimization of the business processes to take advantage of technological advancements; the management of horizontal initiatives of an operational nature or requiring operational input, and liaison with disclosure recipients.
The Regional Operations and Compliance directorate is comprised of the Compliance Unit in Ottawa and FINTRAC's three regional offices. It is responsible for ensuring compliance with the PCMLTFA, including the provision of outreach to reporting entities and conducting examinations of these entities, as well as undertaking regional outreach to law enforcement agencies and other key partners. The registry for money services businesses (MSBs) and the administrative monetary penalties (AMPs) program, once implemented, will also be part of Regional Operations and Compliance.
The Strategic Policy and Public Affairs sector is responsible for the management of FINTRAC's external relationships, both domestic and international, as well as the integration of Centre-wide goals and activities into articulated strategies and cohesive plans and policies. The sector also comprises the communications activities as well as the Access to Information and Privacy responsibilities.
The Information Management/Information Technology (IM/IT) sector is responsible for developing and applying information management and information technology methodologies that support and advance all of FINTRAC's objectives. It designs, implements, secures and supports all technology solutions to meet internal and external end-user requirements.
The Chief Financial Officer is responsible for the Finance and Administration activities for FINTRAC, including procurement and security.
The Human Resources Directorate provides services in recruitment and selection, training and development, performance management and compensation and benefits.
Legal Services are provided to the Centre by the General Counsel, two Senior Counsels and a Counsel, who are employees of the Department of Justice.
FINTRAC's Internal Services
Human Resources
2007-2008 was a demanding year in terms of workload to implement the vast legislative changes brought on by Bill C-25. This year saw recruitment efforts intensify significantly to successfully meet the challenge as FINTRAC's FTE count increased to 319.
To ensure the effective integration of new employees, FINTRAC reintroduced its Corporate Orientation Program. The Centre also continued its commitment to sound employer practices by investing in learning and development opportunities for employees and managers. FINTRAC sponsored the participation of several employees in leadership and management development programs.
Results matter and FINTRAC's performance management and rewarding excellence programs recognize the contributions of employees. By investing in its people and recognizing their contribution, FINTRAC is well-positioned for the challenges and opportunities associated with the increasing complexity and maturation of its functions, and can count on the best people to face the challenges ahead. This year, 14 individuals and 11 working groups were recognized through the Rewarding Excellence Program.
Privacy and Access to Information
Another very important foundation for FINTRAC as an organization is its commitment to the protection of personal information. Over the past year, the Centre has implemented Privacy Impact Assessments, collaborated on the OPC's review of its measures designed to protect information, and continued its efforts to highlight the importance of privacy and of safeguarding personal information under its control.
Business Continuity Planning
In 2007-2008, FINTRAC continued its work on the ongoing maintenance of business continuity plans (BCP) as part of the BCP Program. The Centre worked diligently on the development of an IT disaster recovery plan that will address the technical and procedural requirements to reinstate our IT systems in the event of an unplanned outage.
Administrative Services
FINTRAC worked to excel in the provision of administrative services. In 2007-2008, the Centre continued implementation of its integrated facilities plan to ensure that the Centre's facilities meet security and employee requirements and contribute to organizational effectiveness.
