The second line of defence expert
Manage your compliance risks. Build your lines of defence.
The second line of defence expert
Our advice is all about the second line of defence.
About.
Second Line Advisory specialize in navigating the complex world of compliance, risk management, privacy, and financial crime prevention (AML/ATF/sanctions).
We support all areas of compliance with our expert advice built over almost two decades. Second Line delivers practical solutions and insightful advice to safeguard your business. We believe in a straightforward approach, demystifying the intricacies of regulatory expectations.
Based in Toronto, Canada with expertise and experience spanning three continents through multiple global companies and industries.
Services.
- Regulatory Compliance and Risk Assessments. Conducting thorough reviews of a company's adherence to relevant regulations and laws.
- Anti-Money Laundering/Anti-Terrorist Financing (AML/ATF) Programs. Designing and implementing robust AML/ATF strategies and procedures and measures to prevent and detect financial crimes (e.g., PEP screening, STR/SAR, adverse media scanning, etc.).
- Compliance Training and Workshops. Offering educational sessions to staff on compliance standards, regulatory updates, and best practices.
- Policy and Procedure Development. Crafting tailored policies and procedures to ensure regulatory compliance and ethical practices.
- Regulatory Advisory Services. Providing expert advice on navigating complex and changing regulatory environments.
- Compliance Technology. Implementing and advising on technology solutions that enhance compliance processes.
Industries.
- Banking
- Insurance
- Money services businesses (MSBs)
- Fintech and crowdfunding
- Charities
- Credit unions
- Trade associations
- Payments
- Non-profits
Regulators.
- Office of the Superintendent of Financial Institutions (OSFI)
- Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
- Financial Consumer Agency of Canada (FCAC)
- Office of the Privacy Commissioner of Canada (OPC)
- Office of Foreign Asset Control (OFAC/Department of Treasury)
- Federal Reserve (The Fed)
- Securities and Exchange Commission (SEC)
- Financial Services Regulatory Authority of Ontario (FSRA)
- BC Financial Services Authority (BCFSA)
- Canadian Investment Regulatory Organization (CIRO)