RE: THE FRACTIONAL COMPLIANCE OFFICER SEAT

A designated Compliance Officer with a live program behind them.

Regulated and regulator-adjacent businesses need a named compliance officer and a program that actually runs. This seat provides both, without the salary.

What the seat covers

Regulatory mapping so you know which regimes actually apply to you. AML and FINTRAC program administration for money services businesses and fintechs, including policies, risk assessments, training and effectiveness reviews. CASL and marketing compliance. Sanctions screening. Ongoing monitoring with a documented cadence, and compliance reporting to the board that a director can rely on.

How the mandate runs

The first 30 days establish the compliance baseline: applicable regimes, current controls, gaps ranked by exposure. The program then runs on a calendar: monitoring on schedule, training as teams change, reviews when regulations move, and a quarterly report to leadership. Everything is documented, because in compliance the record is the defence.

Who retains a Fractional Compliance Officer

Fintechs and MSBs with FINTRAC obligations and no qualified officer. Companies entering regulated verticals where investors or partners require a named compliance function. Businesses that have grown into CASL, sanctions or sector-specific exposure faster than their org chart.

How it compares

LEGAL PLATFORMSTRADITIONAL FIRMSMURJIS LPC
Named designationNot offeredRarely offeredPublished, accountable appointment
AML / FINTRAC programConsulting engagement, billed separatelyNot typically offeredBuilt and maintained within the seat
Board reportingNot includedAd hocSet quarterly cadence
Personal liability awarenessClient's problem aloneClient's problem aloneAddressed directly with D&O expectations

One price, any seat.

Plus a one-time $1,250 setup fee covering onboarding and the 30-day health check. Add seats at $2,250 each, add days at $1,650. Invoiced on the 1st for that month, net 3, charged to the payment method on file.

$2,450PER MONTH

Questions

We are not a bank. Do we need this?

If you move money, touch regulated data, market at volume, or sell into regulated customers, some regime already applies to you. The mandate's first deliverable is the honest map of which ones, which is worth having even if the answer is reassuring.

Who carries the liability?

Designated compliance officers can face personal administrative exposure, which is exactly why the seat should be held by someone who understands the regime rather than the most convenient employee. Companies are expected to maintain D&O insurance extending to appointed officers.

What does it cost?

$2,450 per month standalone, or $2,250 per month added to an existing mandate, each including one counsel day, with additional days at $1,650 when a regulatory matter surges.

Does this cover FINTRAC registration for a money services business?

Yes. The mandate includes FINTRAC program administration: policies, risk assessment, training, and the effectiveness review FINTRAC expects, alongside the registration and reporting obligations that come with MSB status.

What is the difference between a Fractional Compliance Officer and a compliance consultant?

A consultant reviews and recommends. This seat is a named, accountable appointment that runs the program on an ongoing cadence and reports to the board, the way an in-house compliance officer would, not a one-time engagement.

Can the seat prepare us for a regulatory exam or audit?

Yes, and that is typically the highest-value moment for the mandate: the documented monitoring history and reporting cadence built during the engagement is what an examiner actually wants to see.

← ALL SEATS