May 7, 2021
Please see below for list of links to the new and updated guidance from FINTRAC:
Guidance subject |
Related links |
Business relationship requirements |
Guidance for all REs |
Beneficial ownership requirements |
Guidance for all REs |
Compliance program requirements |
Guidance for all REs |
Correspondent banking relationship requirements |
Guidance for Financial Entities |
Foreign branches, foreign subsidiaries and affiliates requirements |
Guidance for Financial Entities, Life Insurance Companies and Securities Dealers |
Know your client requirements – when to verify the identity of persons and entities |
Accountants and Accounting Firms
Departments and Agents of the Crown
British Columbia Notaries
Casinos
Dealers in Precious Metals and Stones
Financial Entities
Life Insurance Companies, Brokers, Agents
Money Services Businesses and Foreign Money Services Businesses
Real Estate Brokers, Sales Representatives and Developers
Securities Dealers |
Methods to verify the identity of persons and entities |
Guidance for all REs |
Ongoing monitoring requirements |
Guidance for all REs |
Politically exposed persons and heads of international organizations guidance |
Guidance for all REs
Guidance for Account-Based RE Sectors
Guidance for Non-Account-Based RE Sectors
Guidance for Life Insurance Companies, Brokers and Agents |
Prepaid payment products and accounts |
Guidance for Financial Entities |
Recordkeeping requirements |
Accountants and Accounting Firms
Departments and Agents of the Crown
British Columbia Notaries
Casinos
Dealers in Precious Metals and Stones
Financial Entities
Life Insurance Companies, Brokers, Agents
Money Services Businesses and Foreign Money Services Businesses
Real Estate Brokers, Sales Representatives and Developers
Securities Dealers |
Reporting terrorist property |
Guidance for all REs |
The 24-hour rule |
Guidance for all REs |
Third party determination requirements |
Guidance for all REs |
Travel rule requirements |
Guidance for Financial Entities, Casinos, Money Services Businesses and Foreign Money Services Businesses |