Transparent legal and regulatory information helps businesses understand how Silicon Silk Limited operates and supports confidence from first visit to onboarding.
FINTRAC is Canada's financial intelligence unit, responsible for ensuring compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
As a FINTRAC-registered Money Services Business (MSB), Silicon Silk Ltd. is subject to ongoing regulatory oversight including:
Comprehensive AML/CTF compliance framework with dedicated compliance officer oversight.
Risk-based KYC and ongoing monitoring procedures for all business relationships.
Regular regulatory reporting including suspicious transaction reports (STRs) and large cash transaction reports (LCTRs).
Independent biennial compliance reviews and continuous improvement of programs and procedures.
Clear and accessible information about our regulatory status, legal structure, and operational framework. We believe informed clients make better partners.
Robust data protection measures, secure payment infrastructure, and stringent operational controls to safeguard client funds and information at every step.
Full compliance with Canadian MSB regulations, international AML/CTF standards, and a commitment to operating above the minimum regulatory bar.
You can independently verify Silicon Silk's MSB registration on the FINTRAC public registry:
SILICON SILK LTD. is registered as a Money Services Business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Verification available at fintrac-canafe.canada.ca.