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 | |
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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 |