Financial Transactions and Reports Analysis Centre of Canada (aka FINTRAC) gathers, analyzes, assesses, and discloses financial intelligence. Originally created in July 2000 to counter suspected money laundering, FINTRAC's mandate was expanded in December 2001 to provide CSIS with information on terrorist financing that threaten the security of Canada.^[1] Intelligence (abbreviated or ) is the process and the result of gathering information and analyzing it to answer questions or obtain advance warnings needed to plan for the future. ... This article is about the year 2000. ... Money laundering is the practice of engaging in financial transactions in order to conceal the identity, source and destination of the money in question. ... 2001: A Space Odyssey. ... The letters CSIS can stand for several things. ... The neutrality of this section may be compromised by weasel words. Please see discussion on the talk page. ...

FINTRAC receives information on:

• Suspicious transactions
• Suspected terrorist property
• Large cash transactions
• Electronic funds transfer
• Cross border currency reporting

In 2005, FINTRAC identified over $2 billion CAD in suspected money laundering and terrorist financing.^[2] Electronic funds transfer or EFT refers to the computer-based systems used to perform financial transactions electronically. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... ISO 4217 Code CAD User(s) Canada Inflation rate 2. ...

External links

• FINTRAC home page

References

1. ^ FINTRAC - Who We Are. Retrieved on 2006-06-28.
2. ^ FINTRAC Annual Report 2005. Retrieved on 2006-06-28.