This webinar covers the regulations that will be coming in and what you must do to comply. Whether you are a registered brokerage or sub-mortgage broker, you will find this course informative and helpful.

In recent years, there have been news reports of criminal elements benefitting from the buying and selling of homes by laundering the proceeds of crime and terrorist financing. FINTRAC (The Financial Transactions and Reports Analysis Centre of Canada), the federal government agency responsible for enforcing these regulations, has been handing out hefty fines to real estate agencies for non-compliance of their anti-money laundering and terrorist financing obligations.

 

Module 1 Module 1 AML
Unit 1 Part 1 - Introduction  
Unit 2 Part 2 - The CAMLO  
Unit 3 Part 3 - Thresholds of Suspicion  
Unit 4 Part 4 - Large Transaction Reporting  
Unit 5 Part 5 - Compliance Training Plan  
Unit 6 Part 6 - Two Year Effectiveness Review Plan  
Module 2 Module 2 - AML
Unit 1 Part 1 - Introduction  
Unit 2 Part 2 - section 1 - KYC  
Unit 3 Part 2 - Section 2 - Verifying Client Identity  
Unit 4 Part 3 - Politically Exposed Persons  
Unit 5 Part 4 - Third Part Determination