What changed

(1)The A report that is required to be made under these Regulations in respectprovisions of anthis electronicPart fundsare transfer shall be sentsubject to the Centre not later than five working days after the dayprovisions of theParts transfer. (2) A report in respect of a large casino disbursement or a transaction for which a large cash transaction record must be kept5 and retained under these Regulations shall be sent to the Centre within 15 days after the disbursement or transaction6.

• (1)

  WhereA financial services cooperative is engaged in a personbusiness whoor isprofession subject tofor the requirementspurposes of these Regulations is an employee of a person or entity referred to in any of paragraphsparagraph 5(a) to (li) of the Act, it is the employer rather than the employee who is responsible for meeting those requirements.

• (2)

  IfA credit union central is engaged in a business or profession for the purposes of paragraph 5(j) of the Act when it offers financial services to a person, or to an entity that is subjectnot toa the requirementsmember of these Regulations, other than a life insurance broker or agent, is an agent or mandatary of, or is authorized to act on behalf of, another person or entity referred to in any of paragraphs 5(a) to (l) of the Act, it is that othercredit personunion or entity rather than the agent or mandatary or the authorized person or entity, as the case may be, that is responsible for meeting those requirementscentral.

• (1)

  added on 2021-06-15

  A financial entity shall report the following transactions and information to the Centre: (a) the receipt from a person or entity of an amount of $10,000 or more in cash in a single transaction, together with the information set out in Schedule 1; (b) the initiation, at the request of a person or entity, of an international electronic funds transfer of $10,000 or more in a single transaction, together with the information set out in Schedule 2; (c) the final receipt of an international electronic funds transfer of $10,000 or more in a single transaction, together with the information set out in Schedule 3; and (d) the receipt from a person or entity of an amount of $10,000 or more in virtual currency in a single transaction, together with the information set out in Schedule 4.

• (a)

  added on 2021-06-15

  the receipt from a person or entity of an amount of $10,000 or more in cash in a single transaction, together with the information set out in Schedule 1;

• (b)

  renumbered

  the sending out of Canadainitiation, at the request of a clientperson or entity, of an international electronic funds transfer of $10,000 or more in the course of a single transaction, together with the information referredset toout in Schedule 52; and

• (c)

  added on 2021-06-15

  the final receipt of an international electronic funds transfer of $10,000 or more in a single transaction, together with the information set out in Schedule 3; and

• (d)

  added on 2021-06-15

  the receipt from a person or entity of an amount of $10,000 or more in virtual currency in a single transaction, together with the information set out in Schedule 4.

• (2)

  added on 2021-06-15

  A financial entity is not required to report the transaction and information under paragraph (1)(a), if the amount is received from another financial entity or a public body or from a person who is acting on behalf of a client that is a financial entity or public body.

(1) EveryA person orfinancial entity thatis isnot required to keepreport the transaction and information under paragraph 7(1)(a) if the following conditions are met: (a) the entity from which or on whose behalf the financial entity receives the amount is a largecorporation that carries on business as an establishment described in sector 22, 44 (excluding codes 4411, 4412 and 44831) or 45 (excluding code 45392), or code 481, 482, 485 (excluding code 4853), 51711, 51751, 61121 or 61131 of the North American Industry Classification System as that sector or code read on January 31, 2003; (b) the amount received is deposited into an account held by the corporation with the financial entity in respect of that business; (c) the corporation has had (i) for the entire preceding 24-month period, an account in respect of that business with the financial entity, or (ii) an account in respect of that business with another financial entity for a continuous period of 24 months ending immediately before the corporation opened an account with the financial entity; (d) the financial entity has records that indicate that the corporation has deposited an amount of $10,000 or more in cash transactioninto recordthat underaccount theseon Regulationsan shallaverage takeof at least twice a week during the preceding 12 months; (e) the cash deposits made by the corporation are consistent with the corporation’s usual practice in respect of the business; (f) the financial entity has taken reasonable measures to determine whether the individualsource who in fact givesof the cash infor respectthose ofdeposits; whichand (g) the recordfinancial isentity keptprovides isto actingthe onCentre behalfthe ofinformation aset thirdout partyin Schedule 5. (2) WhereA corporation referred to in paragraph (1)(a) does not include one that carries on a business related to pawnbroking or whose principal business is the personsale of vehicles, vessels, farm machinery, aircraft, mobile homes, jewellery, precious stones, precious metals, antiquities or art. (3) A financial entity determinesthat, thatin theaccordance individualwith issubsection acting(1), ondoes behalfnot ofreport a thirdtransaction party,and the person or entity shall keep a record that sets outinformation (a) shall report to the thirdCentre partya change to the corporation’s name, or address and date of birth and, the nature of the principalcorporation’s business or occupationthe corporation’s incorporation number within 15 days after the day on which the change is made; and (b) shall, at least once every 12 months, (i) verify that the conditions referred to in subsection (1) continue to be met, (ii) ensure that a senior officer of the thirdfinancial partyentity confirms that those conditions continue to be met, ifand (iii) send a report to the thirdCentre partysetting is an individual; (b) ifout the third party is an entity, the third partycorporation’s name and address and the naturename of the principalsenior businessofficer ofwho gave the third party, and, if the entity is a corporation, the entity’s incorporation number and its place of issue; and (c) the nature of the relationship between the third party and the individual who gives the cashconfirmation. (3) Where the person or entity is not able to determine whether the individual is acting on behalf of a third party but there are reasonable grounds to suspect that the individual is doing so, the person or entity shall keep a record that (a) indicates whether, according to the individual, the transaction is being conducted on behalf of a third party; and (b) describes the reasonable grounds to suspect that the individual is acting on behalf of a third party.

• (1)

  EveryA person orfinancial entity thatis isnot required to keepreport the transaction and information under paragraph 7(1)(a) if the following conditions are met: (a) the entity from which or on whose behalf the financial entity receives the amount is a largecorporation that carries on business as an establishment described in sector 22, 44 (excluding codes 4411, 4412 and 44831) or 45 (excluding code 45392), or code 481, 482, 485 (excluding code 4853), 51711, 51751, 61121 or 61131 of the North American Industry Classification System as that sector or code read on January 31, 2003; (b) the amount received is deposited into an account held by the corporation with the financial entity in respect of that business; (c) the corporation has had (i) for the entire preceding 24-month period, an account in respect of that business with the financial entity, or (ii) an account in respect of that business with another financial entity for a continuous period of 24 months ending immediately before the corporation opened an account with the financial entity; (d) the financial entity has records that indicate that the corporation has deposited an amount of $10,000 or more in cash transactioninto recordthat underaccount theseon Regulationsan shallaverage takeof at least twice a week during the preceding 12 months; (e) the cash deposits made by the corporation are consistent with the corporation’s usual practice in respect of the business; (f) the financial entity has taken reasonable measures to determine whether the individualsource who in fact givesof the cash infor respectthose ofdeposits; whichand (g) the recordfinancial isentity keptprovides isto actingthe onCentre behalfthe ofinformation aset thirdout partyin Schedule 5.

• (a)

  renumbered

  subjectthe toentity subsectionfrom (2),which or on whose behalf the clientfinancial entity receives the amount is a corporation that carries on that business as an establishment described in sector 22, 44 (excluding codes 4411, 4412 and 44831) or 45 (excluding code 45392), or code 481, 482, 485 (excluding code 4853), 5132251711, 5133151751, 61121 or 61131 of the North American Industry Classification System as that sector or code read on January 31, 2003;

• (b)

  added on 2021-06-15

  the amount received is deposited into an account held by the corporation with the financial entity in respect of that business;

• (c)

  renumbered

  the clientcorporation has had (i) for the entire preceding 24-month period, an account in respect of that business with thatthe financial entity, or (ii) an account in respect of that business with aanother financial entity other than the one referred to in subparagraph (i), for a continuous period of 24 months ending immediately before the clientcorporation opened an account with thatthe financial entity;

• (i)

  renumbered

  for the entire preceding 24-month period, an account in respect of that business with thatthe financial entity, or

• (ii)

  renumbered

  an account in respect of that business with aanother financial entity other than the one referred to in subparagraph (i), for a continuous period of 24 months ending immediately before the clientcorporation opened an account with thatthe financial entity;

• (d)

  renumbered

  the financial entity has records that indicate that the clientcorporation has deposited an amount of $10,000 or more in cash into that account on an average of at least twice in everya week forduring the preceding 12 months;

• (e)

  renumbered

  the cash deposits made by the clientcorporation are consistent with itsthe corporation’s usual practice in respect of the business;

• (f)

  renumbered

  the financial entity has taken reasonable measures to determine the source of the cash for those deposits; and

• (2)

  WhereA thecorporation personreferred orto entityin determinesparagraph that the individual is acting on behalf of a third party, the person or entity shall keep a record that sets out (1)(a) thedoes thirdnot party’sinclude name,one addressthat andcarries dateon ofa birthbusiness andrelated theto naturepawnbroking ofor thewhose principal business oris occupationthe sale of the third partyvehicles, if the third party is an individual; (b) if the third party is an entityvessels, thefarm third party’s name and address and the nature of the principal business of the third partymachinery, andaircraft, ifmobile the entity is a corporationhomes, thejewellery, entity’sprecious incorporationstones, numberprecious andmetals, itsantiquities placeor of issue; and (c) the nature of the relationship between the third party and the individual who gives the cashart.

• (3)

  WhereA the person orfinancial entity isthat, in accordance with subsection (1), does not able to determine whether the individual is acting on behalf ofreport a thirdtransaction partyand but there are reasonable grounds to suspect that the individual is doing so, the person or entity shall keep a record thatinformation (a) indicatesshall whether, accordingreport to the individualCentre a change to the corporation’s name or address, the transactionnature of the corporation’s business or the corporation’s incorporation number within 15 days after the day on which the change is being conducted on behalf of a third partymade; and (b) describesshall, theat reasonableleast groundsonce toevery suspect12 months, (i) verify that the individualconditions isreferred actingto onin behalfsubsection (1) continue to be met, (ii) ensure that a senior officer of the financial entity confirms that those conditions continue to be met, and (iii) send a thirdreport partyto the Centre setting out the corporation’s name and address and the name of the senior officer who gave the confirmation.

• (a)

  indicatesshall whether, accordingreport to the individualCentre a change to the corporation’s name or address, the transactionnature of the corporation’s business or the corporation’s incorporation number within 15 days after the day on which the change is being conducted on behalf of a third partymade; and

• (b)

  describesshall, theat reasonableleast groundsonce toevery suspect12 months, (i) verify that the individualconditions isreferred actingto onin behalfsubsection (1) continue to be met, (ii) ensure that a senior officer of the financial entity confirms that those conditions continue to be met, and (iii) send a thirdreport partyto the Centre setting out the corporation’s name and address and the name of the senior officer who gave the confirmation.

• (i)

  added on 2021-06-15

  verify that the conditions referred to in subsection (1) continue to be met,

• (a)

  include the name and address of each client in the list; and

(1)A Everyfinancial entity shall keep a large cash transaction record in respect of every amount of $10,000 or more in cash that it receives from a person or entity thatin a single transaction, unless the amount is requiredreceived tofrom keepanother financial entity or a clientpublic informationbody recordor under these Regulations in respect offrom a clientperson shall, at the time that the client information record is created, take reasonable measures to determine whether the clientwho is acting on behalf of a third party. (2) Where the person or entity determinesclient that the client is acting on behalf of a third party, the person or entity shall keep a record that sets out (a) the third party’s name, address and date of birth and the nature of the principal business or occupation of the third party, if the third party is an individual; (b) if the third party is a entity, the third party’s name and address and the nature of the principal business of the third party, and, if thefinancial entity is a corporation, the entity’s incorporation number and its place of issue; and (c) the relationship between the third party and the client. (3) Where the person or entitypublic is not able to determine that the client in respect of whom the client information record is kept is acting on behalf of a third party but there are reasonable grounds to suspect that the client is so acting, the person or entity shall keep a record that (a) indicates whether, according to the client, the transaction is being conducted on behalf of a third party; and (b) describes the reasonable grounds to suspect that the client is acting on behalf of a third partybody.

A trustfinancial companyentity that is required toshall keep a large virtual currency transaction record in respect of anevery interamount vivosof trust$10,000 or more in accordancevirtual withcurrency thesethat Regulationsit shallreceives keepfrom a recordperson thator setsentity outin a single transaction, unless the nameamount andis addressreceived from another financial entity or a public body or from a person who is acting on behalf of eacha of the beneficiariesclient that are known at the time that the trust company becomes a trustee for the trust and (a) if the beneficiary is a person,financial their date of birth and the nature of their principal businessentity or theirpublic occupation, as applicable; and (b) if the beneficiary is an entity, the nature of their principal businessbody.

• (a)

  every signature card;

• (c)

  renumbered

  where it opensif an account inholder respect ofis a corporation, a copy of the part of its official corporate records that contains any provision relating to the power to bind the corporation in respect of the account or transaction;

• (h)

  renumbered

  every debit and credit memo that it creates or receives in the normal course of business in respect of anthe account, except debit memos that relate to another account at the same branch of the financial entity that created the debit memo;

• (i)

  added on 2021-06-15

  a copy of every account statement that it sends to an account holder;

• (j)

  renumbered

  every cleared cheque that is drawn on, and a copy of every cleared cheque that is deposited tointo, anthe account, unless (i) the account on which the cheque is drawn and the account tointo which the cheque is deposited are at the same branch of the financial entity, or (ii) the following conditions are met, namely,: (A) an image of the cheque has been recorded on microfilm or on an electronic medium, (B) an image of the cheque can be readily reproduced from the microfilm or electronic medium, (C) it is possible to readily ascertain where the image of any particularthe cheque is recorded, and (D) the microfilm or electronic medium is retainedkept for a period of at least five years after the day on which the image of the cheque is recorded;

• (i)

  renumbered

  the account on which the cheque is drawn and the account tointo which the cheque is deposited are at the same branch of the financial entity, or

• (ii)

  renumbered

  the following conditions are met, namely,: (A) an image of the cheque has been recorded on microfilm or on an electronic medium, (B) an image of the cheque can be readily reproduced from the microfilm or electronic medium, (C) it is possible to readily ascertain where the image of any particularthe cheque is recorded, and (D) the microfilm or electronic medium is retainedkept for a period of at least five years after the day on which the image of the cheque is recorded;

• (A)

  renumbered

  an image of the cheque has been recorded on microfilm or on an electronic medium,

• (B)

  renumbered

  an image of the cheque can be readily reproduced from the microfilm or electronic medium,

• (C)

  renumbered

  it is possible to readily ascertain where the image of any particularthe cheque is recorded, and

• (D)

  added on 2021-06-15

  the microfilm or electronic medium is kept for a period of at least five years after the day on which the image of the cheque is recorded;

• (k)

  renumbered

  in respect of every credit arrangement that it enters into with a client, a record of the client’s financial capacity, the terms of the credit arrangement, the nature of the client’s principal business or their occupation and, if the client is a person, the name and address of their business or place of work;

• (l)

  renumbered

  a foreign currency exchange transaction ticket in respect of every foreign currency exchange transaction;

• (m)

  added on 2021-06-15

  if it receives an amount of $3,000 or more as consideration for the issuance of traveller’s cheques, money orders or similar negotiable instruments from a person or entity other than another financial entity or a person who is acting on behalf of a client that is a financial entity, a record (i) of the date of the receipt, (ii) of the person’s or entity’s name and address, the nature of their principal business or their occupation and, in the case of a person, their date of birth, (iii) of the amount received, (iv) indicating whether the amount received is in funds or virtual currency and the type and amount of each type of funds and each of the virtual currencies involved, (v) of the number of every account that is affected by the transaction, the type of account and the name of each account holder, (vi) of every reference number that is connected to the transaction and has a function equivalent to that of an account number, and (vii) if the amount received is in virtual currency, of every transaction identifier, including the sending and receiving addresses;

• (i)

  renumbered

  of the date of the determinationreceipt,

• (i)

  renumbered

  the date of the determinationredemption,

Subject to subsection 52(2), everyA financial entity shall keep athe largefollowing cash transaction recordrecords in respect of every amountcredit card account that it opens and of every transaction that is connected to that account: (a) a record for each account holder and every other person — up to three, in cashthe case of a business account — who is authorized to give instructions in respect of the account, containing their name and address, the nature of their principal business or their occupation and, in the case of a person, their date of birth; (b) if an account holder is a corporation, a copy of the part of its official corporate records that contains any provision relating to the power to bind the corporation in respect of the account or transaction; (c) a record of every application in respect of the account; (d) a copy of every credit card statement that it sends to an account holder; (e) a foreign currency exchange transaction ticket in respect of every foreign currency exchange transaction that is connected to the account; (f) if it initiates an international electronic funds transfer of $101,000 or more at the request of a person or entity and the funds are transferred from the account, a record of (i) the date on which the electronic funds transfer is initiated, (ii) the type and amount of each type of funds that is received from a clientinvolved in the courseinitiation, (iii) the person’s or entity’s name, address and telephone number, the nature of their principal business or their occupation and, in the case of a singleperson, transactiontheir date of birth, (iv) the exchange rates used and their source, (v) the name and address of each beneficiary, (vi) the number of every account that is affected by the initiation, the type of account and the name of each account holder, (vii) every reference number that is connected to the electronic funds transfer and has a function equivalent to that of an account number, and (viii) the number of every account that is affected by the electronic funds transfer, other than those referred to in subparagraph (vi); and (g) if it is the final recipient of an international electronic funds transfer of $1,000 or more and the remittance to the beneficiary is by payment to the account, a record of (i) the date on which the electronic funds transfer is finally received, (ii) the type and amount of each type of funds that is involved in the final receipt, (iii) the name and address of each beneficiary, the nature of their principal business or their occupation and, in the case of a person, their date of birth, (iv) the date of the remittance, (v) the exchange rates used for the remittance and their source, (vi) the type and amount of each type of funds involved in the remittance, (vii) the number of every account that is affected by the final receipt or the remittance, the type of account and the name of each account holder, (viii) every reference number that is connected to the electronic funds transfer and has a function equivalent to that of an account number, (ix) the name and address of the person or entity that requested the initiation of the electronic funds transfer, unless that information was not, despite the cashtaking of reasonable measures, included with the transfer and is receivednot fromotherwise anotherknown, financialand (x) entitythe ornumber of every account that is affected by the electronic funds transfer, other than those referred to in subparagraph (vii); and (h) a publicvirtual bodycurrency exchange transaction ticket in respect of every virtual currency exchange transaction that is connected to the account.

• (b)

  renumbered

  where the securities dealer opensif an account inholder respect ofis a corporation, a copy of the part of its official corporate records that contains any provision relating to the power to bind the corporation in respect of thatthe account or transaction;

• (1)

  added on 2021-06-15

  A financial entity shall keep the following records in respect of every prepaid payment product account that it opens and of every transaction that is made by means of a prepaid payment product that is connected to that account: (a) a record of the name and address of each holder of a prepaid payment product account and each authorized user, the nature of their principal business or their occupation and, in the case of a person, their date of birth; (b) if an account holder is a corporation, a copy of the part of its official corporate records that contains any provision relating to the power to bind the corporation in respect of the prepaid payment product account or the transaction; (c) a record of every application in respect of the prepaid payment product account; (d) a prepaid payment product slip in respect of every payment that is made to the prepaid payment product account; (e) every debit and credit memo that it creates or receives in respect of the prepaid payment product account; (f) a copy of every account statement that it sends to a holder of the prepaid payment product account; (g) a foreign currency exchange transaction ticket in respect of every foreign currency exchange transaction that is connected to the prepaid payment product account; (h) if it initiates an international electronic funds transfer of $1,000 or more at the request of a person or entity and the funds are transferred from the prepaid payment product account, a record of (i) the date on which the electronic funds transfer is initiated, (ii) the type and amount of each type of funds that is involved in the initiation, (iii) the person’s or entity’s name, address and telephone number, the nature of their principal business or their occupation and, in the case of a person, their date of birth, (iv) the exchange rates used and their source, (v) the name and address of each beneficiary, (vi) the number of every account that is affected by the initiation, the type of account and the name of each account holder, (vii) every reference number that is connected to the electronic funds transfer and has a function equivalent to that of an account number, and (viii) the number of every account that is affected by the electronic funds transfer, other than those referred to in subparagraph (vi); (i) if it is the final recipient of an international electronic funds transfer of $1,000 or more and the remittance to the beneficiary is by payment to the prepaid payment product account, a record of (i) the date on which the electronic funds transfer is finally received, (ii) the type and amount of each type of funds that is involved in the final receipt, (iii) the name and address of each beneficiary, the nature of their principal business or their occupation and, in the case of a person, their date of birth, (iv) the date of the remittance, (v) the exchange rates used for the remittance and their source, (vi) if the remittance is in funds, the type and amount of each type of funds involved, (vii) if the remittance is not in funds, the type of remittance and its value, if different from the amount of funds finally received, (viii) the number of every account that is affected by the final receipt or the remittance, the type of account and the name of each account holder, (ix) every reference number that is connected to the electronic funds transfer and has a function equivalent to that of an account number, and (x) the name and address of the person or entity that requested the initiation of the electronic funds transfer, unless that information was not, despite the taking of reasonable measures, included with the transfer and is not otherwise known, (xi) the number of every account that is affected by the electronic funds transfer, other than those referred to in subparagraph (viii); (j) if it transfers from a prepaid payment product account an amount of $1,000 or more in virtual currency at the request of a person or entity, a record of (i) the date of the transfer, (ii) the type and amount of each virtual currency that is involved in the transfer, (iii) the person’s or entity’s name and address, the nature of their principal business or their occupation and, in the case of a person, their date of birth, (iv) the name and address of each beneficiary, (v) the number of every account that is affected by the transaction, the type of account and the name of each account holder, (vi) every reference number that is connected to the transaction and has a function equivalent to that of an account number, (vii) every transaction identifier, including the sending and receiving addresses, and (viii) the exchange rates used and their source; (k) if it receives an amount of $1,000 or more in virtual currency for remittance to a beneficiary by payment to the prepaid payment product account, a record of (i) the date of the receipt, (ii) the type and amount of each virtual currency that is received, (iii) the name and address of each beneficiary, the nature of their principal business or their occupation and, in the case of a person, their date of birth, (iv) the date of the remittance, (v) the exchange rates used for the remittance and their source, (vi) if the remittance is in virtual currency, the type and amount of each virtual currency involved, (vii) if the remittance is not in virtual currency, the type of remittance and its value, if different from the amount of virtual currency received, (viii) the number of every account that is affected by the transaction, the type of account and the name of each account holder, (ix) every reference number that is connected to the transaction and has a function equivalent to that of an account number, (x) every transaction identifier, including the sending and receiving addresses, and (xi) the name and address of the person or entity that requested the transfer unless that information was not, despite the taking of reasonable measures, included with the transfer and is not otherwise known; and (l) a virtual currency exchange transaction ticket in respect of every virtual currency exchange transaction that is connected to the prepaid payment product account.

• (a)

  added on 2021-06-15

  a record of the name and address of each holder of a prepaid payment product account and each authorized user, the nature of their principal business or their occupation and, in the case of a person, their date of birth;

• (b)

  renumbered

  whereif thean account is opened in the name of a client thatholder is a corporation, a copy of the part of its official corporate records that contains any provision relating to the power to bind the corporation in respect of the prepaid payment product account or the transaction;

• (c)

  added on 2021-06-15

  a record of every application in respect of the prepaid payment product account;

• (d)

  added on 2021-06-15

  a prepaid payment product slip in respect of every payment that is made to the prepaid payment product account;

• (e)

  added on 2021-06-15

  every debit and credit memo that it creates or receives in respect of the prepaid payment product account;

• (f)

  added on 2021-06-15

  a copy of every account statement that it sends to a holder of the prepaid payment product account;

Subject to subsection 62(2)[Repealed, every financial entity shallSOR/2019-240, ins. respect of every credit card account that it opens, keep a credit card account record that includes (a) where the account is opened in the name of a client that is a person or an entity other than a corporation, the name and address of the client and (i) if the client is a person, their date of birth and the nature of their principal business or their occupation, as applicable, and (ii) if the client is an entity other than a corporation, the nature of their principal business; (b) where the account is opened in the name of a client that is a corporation, a copy of the part of official corporate records that contains any provision relating to the power to bind the corporation in respect of the account; (c) the name, address and telephone number of every holder of a credit card for the account; (d) the date of birth of every holder of a credit card for the account, if that information is known after reasonable measures have been taken by the financial entity to obtain it; (e) every credit card application that the financial entity receives from the client in the normal course of business; (f) a copy of every credit card statement that the financial entity sends to the client, if the information in the statement is not readily obtainable from other records that are kept and retained by it under these Regulations; and (g) if it obtains the approval referred to in subsection 67.1(1) or (2) to keep the account open, (i) the office or position and the organization or institution in respect of which the person is determined to be a politically exposed foreign person, a politically exposed domestic person, a head of an international organization or a family member of, or person who is closely associated with, one of those persons, (ii) the date of the determination, (iii) the source, if known, of the funds that are or are expected to be deposited in the account, (iv) the name of the member of senior management who gave the approval, and (v) the date of that approval.28]

(1) EveryA trust company shall, in addition to the records referred to in sections 13 and 14,also keep the following records in respect of a trust for which it is trustee: (a) a copy of the trust deed; (b) a record of the settlor’s name and address and (i) if the settlor is a person, their date of birth and the nature of their principal business or their occupation, as applicable, and (ii) if the settlor is an entity, the nature of theirits principal business; and (c) whereif the trust is an institutional trust and the settlor is a corporation, a copy of the part of the official corporate records that contains any provision relating to the power to bind the settlorcorporation in respect of the trust. (2) In this section, “institutional trust” means a trust that is established by a corporation, partnership or other entity for a particular business purpose and includes a pension plan truststrust, a pension master truststrust, a supplemental pension plan truststrust, a mutual fund truststrust, a pooled fund truststrust, a registered retirement savings plan truststrust, a registered retirement income fund truststrust, a registered education savings plan truststrust, a group registered retirement savings plan truststrust, a deferred profit sharing plan truststrust, an employee profit sharing plan truststrust, a retirement compensation arrangement truststrust, an employee savings plan truststrust, a health and welfare truststrust, an unemployment benefit plan truststrust, a foreign insurance company truststrust, a foreign reinsurance truststrust, a reinsurance truststrust, a real estate investment truststrust, an environmental truststrust and trustsa trust established in respect of endowmentsan endowment, foundationsa andfoundation or a registered charitiescharity.

• (1)

  EveryA trust company shall, in addition to the records referred to in sections 13 and 14,also keep the following records in respect of a trust for which it is trustee: (a) a copy of the trust deed; (b) a record of the settlor’s name and address and (i) if the settlor is a person, their date of birth and the nature of their principal business or their occupation, as applicable, and (ii) if the settlor is an entity, the nature of theirits principal business; and (c) whereif the trust is an institutional trust and the settlor is a corporation, a copy of the part of the official corporate records that contains any provision relating to the power to bind the settlorcorporation in respect of the trust.

• (b)

  a record of the settlor’s name and address and (i) if the settlor is a person, their date of birth and the nature of their principal business or their occupation, as applicable, and (ii) if the settlor is an entity, the nature of theirits principal business; and

• (i)

  if the settlor is a person, their date of birth and the nature of their principal business or their occupation, as applicable, and

• (ii)

  if the settlor is an entity, the nature of theirits principal business; and

• (c)

  whereif the trust is an institutional trust and the settlor is a corporation, a copy of the part of the official corporate records that contains any provision relating to the power to bind the settlorcorporation in respect of the trust.

• (2)

  In this section, “institutional trust” means a trust that is established by a corporation, partnership or other entity for a particular business purpose and includes a pension plan truststrust, a pension master truststrust, a supplemental pension plan truststrust, a mutual fund truststrust, a pooled fund truststrust, a registered retirement savings plan truststrust, a registered retirement income fund truststrust, a registered education savings plan truststrust, a group registered retirement savings plan truststrust, a deferred profit sharing plan truststrust, an employee profit sharing plan truststrust, a retirement compensation arrangement truststrust, an employee savings plan truststrust, a health and welfare truststrust, an unemployment benefit plan truststrust, a foreign insurance company truststrust, a foreign reinsurance truststrust, a reinsurance truststrust, a real estate investment truststrust, an environmental truststrust and trustsa trust established in respect of endowmentsan endowment, foundationsa andfoundation or a registered charitiescharity.

(1) For the purposes of subsections 9.4(1) and (3) of the Act[Repealed, the prescribed foreign entity is a foreign financial institution. (2) Every financial entity shallSOR/2019-240, whens. it enters into a correspondent banking relationship, keep a record in respect of the foreign financial institution containing the following information and documents: (a) the name and address of the foreign financial institution; (b) the names of the directors of the foreign financial institution; (c) the primary business line of the foreign financial institution; (d) a copy of the most recent annual report or audited financial statement of the foreign financial institution; (e) a copy of the foreign financial institution’s banking licence, banking charter, authorization or certification to operate from the relevant regulatory agency or certificate of corporate status or a copy of another similar document; (f) a copy of the correspondent banking agreement or arrangement, or product agreements, defining the respective responsibilities of each entity; (g) the anticipated correspondent banking account activity of the foreign financial institution, including the products or services to be used; (h) a statement from the foreign financial institution that it does not have, directly or indirectly, correspondent banking relationships with shell banks; (i) a statement from the foreign financial institution that it is in compliance with anti-money laundering and anti-terrorist financing legislation in its own jurisdiction; and (j) the measures taken to ascertain whether there are any civil or criminal penalties that have been imposed on the foreign financial institution in respect of anti-money laundering or anti-terrorist financing requirements and the results of those measures. (3) The financial entity shall take reasonable measures to ascertain whether the foreign financial institution has in place anti-money laundering and anti-terrorist financing policies and procedures, including procedures for approval for the opening of new accounts and, if not, shall, for the purpose of detecting any transactions that are required to be reported to the Centre under section 7 of the Act, take reasonable measures to conduct ongoing monitoring of all transactions conducted in the context of the correspondent banking relationship. (4) For greater certainty, section 14 does not apply in respect of an account opened for a foreign financial institution in the context of a correspondent banking relationship.28]

• (1)

  added on 2021-06-15

  For the purposes of subsections 9.4(1) and (3) of the Act, (a) a prescribed entity is (i) an entity referred to in paragraph 5(e.1) or (f) of the Act, (ii) a financial services cooperative, (iii) a life insurance company, or an entity that is a life insurance broker or agent, in respect of loans or prepaid payment products that it offers to the public or accounts that it maintains with respect to those loans or prepaid payment products, other than (A) loans that are made by the insurer to a policy holder if the insured person has a terminal illness that significantly reduces their life expectancy and the loan is secured by the value of an insurance policy, (B) loans that are made by the insurer to the policy holder for the sole purpose of funding the life insurance policy, and (C) advance payments to which the policy holder is entitled that are made to them by the insurer, (iv) a credit union central when it offers financial services to a person, or to an entity that is not a member of that credit union central, and (v) a department, or an entity that is an agent of Her Majesty in right of Canada or an agent or mandatary of Her Majesty in right of a province, when it accepts deposit liabilities in the course of providing financial services to the public; and (b) a prescribed foreign entity is a foreign financial institution.

• (a)

  added on 2021-06-15

  a prescribed entity is (i) an entity referred to in paragraph 5(e.1) or (f) of the Act, (ii) a financial services cooperative, (iii) a life insurance company, or an entity that is a life insurance broker or agent, in respect of loans or prepaid payment products that it offers to the public or accounts that it maintains with respect to those loans or prepaid payment products, other than (A) loans that are made by the insurer to a policy holder if the insured person has a terminal illness that significantly reduces their life expectancy and the loan is secured by the value of an insurance policy, (B) loans that are made by the insurer to the policy holder for the sole purpose of funding the life insurance policy, and (C) advance payments to which the policy holder is entitled that are made to them by the insurer, (iv) a credit union central when it offers financial services to a person, or to an entity that is not a member of that credit union central, and (v) a department, or an entity that is an agent of Her Majesty in right of Canada or an agent or mandatary of Her Majesty in right of a province, when it accepts deposit liabilities in the course of providing financial services to the public; and

• (i)

  added on 2021-06-15

  an entity referred to in paragraph 5(e.1) or (f) of the Act,

• (ii)

  added on 2021-06-15

  a financial services cooperative,

• (iii)

  added on 2021-06-15

  a life insurance company, or an entity that is a life insurance broker or agent, in respect of loans or prepaid payment products that it offers to the public or accounts that it maintains with respect to those loans or prepaid payment products, other than (A) loans that are made by the insurer to a policy holder if the insured person has a terminal illness that significantly reduces their life expectancy and the loan is secured by the value of an insurance policy, (B) loans that are made by the insurer to the policy holder for the sole purpose of funding the life insurance policy, and (C) advance payments to which the policy holder is entitled that are made to them by the insurer,

• (A)

  added on 2021-06-15

  loans that are made by the insurer to a policy holder if the insured person has a terminal illness that significantly reduces their life expectancy and the loan is secured by the value of an insurance policy,

• (B)

  added on 2021-06-15

  loans that are made by the insurer to the policy holder for the sole purpose of funding the life insurance policy, and

• (C)

  added on 2021-06-15

  advance payments to which the policy holder is entitled that are made to them by the insurer,

• (iv)

  added on 2021-06-15

  a credit union central when it offers financial services to a person, or to an entity that is not a member of that credit union central, and

• (v)

  added on 2021-06-15

  a department, or an entity that is an agent of Her Majesty in right of Canada or an agent or mandatary of Her Majesty in right of a province, when it accepts deposit liabilities in the course of providing financial services to the public; and

• (b)

  added on 2021-06-15

  a prescribed foreign entity is a foreign financial institution.

• (2)

  renumbered

  EveryA financial entity shall, when it enters into a correspondent banking relationship, keep the following records: (a) a record in respect of the foreign financial institution containing the following information and documents: (a) the’s name and address, its primary business line and the names of its directors; (b) a copy of the foreign financial institution; (b) the names of the directors of the foreign financial institution; (c) the primary business line of the foreign financial institution; (d) a copy of the’s most recent annual report or audited financial statement of the foreign financial institution; (ec) a copy of the foreign financial institution’s banking licence, banking charter, authorization or certification to operate fromissued by the relevantcompetent regulatoryauthority agencyunder orthe legislation of the jurisdiction in which the foreign financial institution was incorporated, of its certificate of corporate statusincorporation or a copy of anothera similar document; (fd) a copy of the correspondent banking agreement or arrangement, or product agreements, defining the respective responsibilities of eachthe financial entity and the foreign financial institution; (ge) a record of the anticipated correspondent banking account activity of the foreign financial institution, including the products or services to be used; (hf) a written statement from the foreign financial institution that it does not have, directly or indirectly, a correspondent banking relationshipsrelationship with a shell banksbank; (ig) a written statement from the foreign financial institution that it is in compliance with anti-money laundering and anti-terrorist financing legislation in its ownevery jurisdiction in which it operates; and (jh) a record of the measures taken to ascertain whether there are any civil or criminal penalties that have been imposed on the foreign financial institution in respect of anti-money laundering or anti-terrorist financing requirements and the results of those measures.

• (a)

  added on 2021-06-15

  a record of the foreign financial institution’s name and address, its primary business line and the names of its directors;

• (e)

  renumbered

  a record of the anticipated correspondent banking account activity of the foreign financial institution, including the products or services to be used;

• (f)

  renumbered

  a written statement from the foreign financial institution that it does not have, directly or indirectly, a correspondent banking relationshipsrelationship with a shell banksbank;

• (g)

  renumbered

  a written statement from the foreign financial institution that it is in compliance with anti-money laundering and anti-terrorist financing legislation in its ownevery jurisdiction in which it operates; and

• (h)

  renumbered

  a record of the measures taken to ascertain whether there are any civil or criminal penalties that have been imposed on the foreign financial institution in respect of anti-money laundering or anti-terrorist financing requirements and the results of those measures.

• (3)

  renumbered

  The financial entity shall take reasonable measures to ascertain whether the foreign financial institution has in place anti-money laundering and anti-terrorist financing policies and procedures, including procedures for approval for the opening of new accounts and, if the reasonable measures are unsuccessful or the policies and procedures are not in place, shall, for the purpose of detecting any transactions that are required to be reported to the Centre under section 7 of the Act, take reasonable measures to conduct ongoing monitoring ofmonitor all transactions conducted in the context of the correspondent banking relationship.

• (4)

  renumbered

  For greater certainty, section 1412 does not apply in respect of an account that is opened for a foreign financial institution in the context of a correspondent banking relationship.

Subject to section 20.2 and subsection 52(1), every life insurance company orA life insurance broker or agent whois receivesengaged fromin a clientbusiness anor amountprofession infor cashthe purposes of $10,000paragraph 5(i) of the Act. (2) Subsection (1) does not apply to a life insurance broker or moreagent inwhen thethey courseare ofacting as a singlemanaging transactiongeneral shall report the transaction to the Centre, together with the information referred to in Schedule 1, except (a) if the amount is received from a financial entity or a public body; or (b) in respect of transactions referred to in any of paragraphs 62(2)(c) to (f)agent.

Subject to section 20.2 and subsection 52(2), everyA life insurance company or life insurance broker or agent shallthat keepreceives a large cash transaction record in respect of everyan amount in cash of $10,000 or more thatin is receivedcash from a clientperson or entity in the course of a single transaction shall report the transaction to the Centre, together with the information set out in Schedule 1, unless (a) the cashamount is received from a financial entity or public body or from a person who is acting on behalf of a client that is a financial entity or public body; or (b) the transaction (i) involves the sale of an immediate or deferred annuity that is paid for entirely with funds that are directly transferred from a transactionregistered referredpension plan or from a pension plan that is required to inbe anyregistered under the Pension Benefits Standards Act, 1985, or similar provincial legislation, (ii) involves the sale of paragraphsa 62registered annuity policy or a registered retirement income fund, (2)(ciii) toinvolves the sale of an immediate or deferred annuity that is paid for entirely with the proceeds of a group life insurance policy, or (fiv) is part of a reverse mortgage or structured settlement.

• (a)

  the cashamount is received from a financial entity or public body or from a person who is acting on behalf of a client that is a financial entity or public body; or

• (b)

  the transaction (i) involves the sale of an immediate or deferred annuity that is paid for entirely with funds that are directly transferred from a transactionregistered referredpension plan or from a pension plan that is required to inbe anyregistered under the Pension Benefits Standards Act, 1985, or similar provincial legislation, (ii) involves the sale of paragraphsa 62registered annuity policy or a registered retirement income fund, (2)(ciii) toinvolves the sale of an immediate or deferred annuity that is paid for entirely with the proceeds of a group life insurance policy, or (fiv) is part of a reverse mortgage or structured settlement.

• (i)

  renumbered

  involves the purchasesale of an immediate or deferred annuity that is paid for entirely with funds that are directly transferred from a registered pension plan or from a pension plan that is required to be registered under the Pension Benefits Standards Act, 1985, or similar provincial legislation;,

• (ii)

  renumbered

  involves the purchasesale of a registered annuity policy or a registered retirement income fund;,

• (iii)

  renumbered

  involves the purchasesale of an immediate or deferred annuity that is paid for entirely with the proceeds of a group life insurance policy;, or

• (iv)

  added on 2021-06-15

  is part of a reverse mortgage or structured settlement.

(1) Subject to section 20.2 and subsection 62(2), everyA life insurance company or life insurance broker or agent shallthat keep a client information record for every purchase from the company, broker or agent ofreceives an immediateamount or deferred annuity or a life insurance policy for which the client may payof $10,000 or more overin virtual currency from a person or entity in a single transaction shall report the durationtransaction ofto the annuity or policyCentre, regardlesstogether ofwith the meansinformation ofset payment. (2) Subject to section 20.2 and subsection 62(2),out in theSchedule case of a life insurance policy that is a group life insurance policy or in the case of a group annuity, the client information record shall be kept in respect of the applicant for the policy or annuity4.

Subject to section 20.2, everyA life insurance company or life insurance broker or agent whoshall keepskeep a clientlarge informationcash transaction record in respect of every amount of $10,000 or more in cash that they receive from a corporationperson or entity in a single transaction, unless (a) the amount is received from a financial entity or public body or from a person who is acting on behalf of a client that is a financial entity or public body; or (b) the transaction (i) involves the sale of an immediate or deferred annuity that is paid for entirely with funds that are directly transferred from a registered pension plan or from a pension plan that is required to be registered under subsectionthe 19Pension Benefits Standards Act, 1985, or similar provincial legislation, (1ii) shallinvolves alsothe keepsale of a copyregistered annuity policy or a registered retirement income fund, (iii) involves the sale of an immediate or deferred annuity that is paid for entirely with the proceeds of a group life insurance policy, or (iv) is part of officiala corporatereverse records that contains any provision relating to the power to bind the corporation in respect of transactions with the life insurance companymortgage or lifestructured insurance broker or agent, if the copy of that part is obtained in the normal course of businesssettlement.

Subject to section 20.2 and subsection 62(2)[Repealed, every life insurance company or life insurance broker or agent shall keep a record of the following information when a transaction is reviewed under subsection 67.2(1) or (2): (a) the office or position and the organization or institution in respect of which the person is determined to be a politically exposed foreign personSOR/2019-240, as. politically exposed domestic person, a head of an international organization or a family member of, or person who is closely associated with, one of those persons; (b) the date of the determination; (c) the source, if known, of the funds used for the transaction; (d) the name of the member of senior management who reviewed the transaction; and (e) the date of that review.28]

Sections[Repealed, 17SOR/2019-240, tos. 20.1 do not apply to a life insurance company or a life insurance broker or agent when they are dealing in reinsurance.28]

SubjectA tolife subsectioninsurance 52(1),company or life insurance broker or agent shall keep a large virtual currency transaction record in respect of every securities dealer who receives from a client an amount in cash of $10,000 or more in thevirtual coursecurrency ofthat they receive from a person or entity in a single transaction shall report the transaction to the Centre, together with the information set out in Schedule 1, unless the amount is received from a financial entity or public body or from a person who is acting on behalf of a client that is a financial entity or public body.

Subject(1) toA subsectionlife 52(2)insurance company or life insurance broker or agent shall, everyregardless securitiesof dealerthe shallmeans of payment, keep aan large cash transactioninformation record in respectconnection with the sale of everyan immediate or deferred annuity or a life insurance policy (a) for which they are to receive an amount in cash of $10,000 or more over the duration of the annuity or policy; or (b) under which they are to remit an amount of $10,000 or more to a beneficiary over the duration of the annuity or policy. (2) The information record (a) in connection with the sale referred to in paragraph (1)(a) shall be created when the life insurance company or life insurance broker or agent establishes the annuity or policy and shall be kept, subject to subsection (3), in respect of the annuitant or policy holder; and (b) in connection with the sale referred to in paragraph (1)(b) shall be created before the life insurance company or life insurance broker or agent first remits funds or virtual currency to the beneficiary under the annuity or policy and shall be kept in respect of the beneficiary. (3) In the case of a life insurance policy that is received from a clientgroup life insurance policy or in the coursecase of a singlegroup transactionannuity, unless the cashinformation record shall be kept in respect of the applicant for the policy or annuity. (4) Paragraph (2)(b) does not apply if the life insurance company or life insurance broker or agent, due to facts or circumstances beyond its control, is receivedunable fromto acreate financialthe entityinformation record within the time period in which they are required, under federal or aprovincial publiclegislation, bodyto first remit funds or virtual currency to the beneficiary.

SubjectA tolife subsectioninsurance 62(2),company everyor securitieslife dealerinsurance shallbroker keepor the following records: (a) in respect of every accountagent that the securities dealer opens, a signature card of every person who is authorized to give instructions in respect of the account orkeeps an account operating agreement or account application that contains that person’s signature; (a.1) in respect of every account that the securities dealer opens, ainformation record thatunder setssection out the intended use of the account; (b) where the securities dealer opens an account22 in respect of a corporation, shall also keep a copy of the part of the official corporate records that contains any provision relating to the power to bind the corporation in respect of thattransactions account; (c) wherewith the securitieslife dealerinsurance opens an account in the name of a personcompany or oflife aninsurance entity other than a corporation, a record of the name and address of the client and (i) if the client is a person, their date of birth and the nature of their principal businessbroker or their occupation, as applicable, and (ii) if the client is an entity other than a corporation, the nature of their principal business; (d) every new account application, confirmation of purchase or sale, guarantee, trade authorization, power of attorney and joint account agreement, and all correspondence that pertains to the operation of accounts, that the securities dealer creates in the normal course of business; (e) a copy of every statement that the securities dealer sends to a client, if the information in the statement is not readily obtainable from other records that the securities dealer keeps and retains under these Regulations; and (f) if the securities dealer obtains the approval referred to in subsection 67agent.1(1) or (2) to keep the account open, a record of (i) the office or position and the organization or institution in respect of which the person is determined to be a politically exposed foreign person, a politically exposed domestic person, a head of an international organization or a family member of, or person who is closely associated with, one of those persons, (ii) the date of the determination, (iii) the source, if known, of the funds that are or are expected to be deposited in the account, (iv) the name of the member of senior management who gave the approval, and (v) the date of that approval.

[Repealed,Sections SOR/2007-122,18 sto 23 do not apply to a life insurance company or life insurance broker or agent when they are dealing in reinsurance. 34]

[RepealedA securities dealer that receives an amount of $10,000 or more in cash from a person or entity in a single transaction shall report the transaction to the Centre, SOR/2007-122together with the information set out in Schedule 1, sunless the amount is received from a financial entity or public body or from a person who is acting on behalf of a client that is a financial entity or public body. 34]

[RepealedA securities dealer that receives an amount of $10,000 or more in virtual currency from a person or entity in a single transaction shall report the transaction to the Centre, SOR/2007-122,together swith the information set out in Schedule 4. 34]

[RepealedA securities dealer shall keep a large cash transaction record in respect of every amount of $10,000 or more in cash that they receive from a person or entity in a single transaction, SOR/2007-122,unless sthe amount is received from a financial entity or public body or from a person who is acting on behalf of a client that is a financial entity or public body. 35]

(1)A Subjectsecurities todealer subsectionshall 52(1),keep a large virtual currency transaction record in respect of every money services business shall report the following transactions and information to the Centre: (a) the receipt from a client of an amount in cash of $10,000 or more in thevirtual coursecurrency ofthat they receive from a person or entity in a single transaction, together with the information referred to in Schedule 1, unless the cashamount is received from a financial entity or a public body; (b) the sending out of Canada, at the request of a client, of an electronic funds transfer of $10,000 or more in the course of a single transaction, together with the information referred to in Schedule 2 or 5, as the case may be; and (c) the receipt from outside Canada of an electronic funds transfer, sent at the request of a client, of $10,000 or more in the course of a single transaction, together with the information referred to in Schedule 3 or 6, as the case may be. (2) For greater certainty, paragraph (1)(b) does not apply when the money services business sends an electronic funds transfer to a person or an entity in Canada, even if the final recipient is outside Canada. (3) Paragraph (1)(b) applies in respect of a money services business that orders a person or entity, to which subsection (1), 12(1) or 40(1) applies, to send out of Canada an electronic funds transfer made at the request of a client, unless it provides that person or entity with the name and address of that client. (4) Subject to subsection (5), for greater certainty, paragraph (1)(c) does not apply when the money services business receives an electronic funds transfer from a person or entity in Canada, even if the initial senderwho is outsideacting Canada. (5)on Paragraph (1)(c) applies in respectbehalf of a money services businessclient that receives an electronic funds transfer foris a beneficiaryfinancial in Canada from a personentity or entitypublic to which subsection (1), 12(1) or 40(1) applies where the initial sender is outside Canada, unless the electronic funds transfer contains the name and address of that beneficiarybody.

• (a)

  every signature card;

• (g)

  renumbered

  every new account application, confirmation of purchase or sale, guarantee, trade authorization, power of attorney and joint account agreement, and all correspondence that pertains to the operation of accounts, that the securitiesaccount; dealer creates in the normal course of business;and

Every(1) A money services business shall keepreport the following recordstransactions inand respectinformation of any ofto the activities referred to in paragraph 5(h) of the ActCentre: (a) [Repealed,the SOR/2016-153,receipt s.from 28] (a.1) every internal memorandum that it receivesperson or createsentity of an amount of $10,000 or more in cash in a single transaction, together with the normalinformation courseset ofout businessin andSchedule that concerns services provided to its clients1; (b) wherethe initiation, at the request of a clientperson or entity, of an international electronic funds transfer of $10,000 or more in a single transaction, together with the information recordset out in Schedule 2; (c) the final receipt of an international electronic funds transfer of $10,000 or more in a single transaction, together with the information set out in Schedule 3; (d) the initiation, at the request of a person or entity, of an international electronic funds transfer of $10,000 or more in a single transaction, together with the information set out in Schedule 2, if the money services business also finally receives or is createdto finally receive the electronic funds transfer; (e) the final receipt of an international electronic funds transfer of $10,000 or more in respecta single transaction, together with the information set out in Schedule 3, if the money services business also initiated the electronic funds transfer; and (f) the receipt from a person or entity of an amount of $10,000 or more in virtual currency in a single transaction, together with the information set out in Schedule 4. (2) A money services business is not required to report the transaction and information under paragraph (1)(a) if the amount is received from a financial entity or public body or from a person who is acting on behalf of a client that is a corporation, a copy of the part of official corporate records that contains any provision relating to the power to bind the corporation in respect of transactions with the money services business, if the copy of that part is obtained in the normal course of business; (c) where it receives an amount of $3,000 or more from a person or from an entity other than a financial entity in consideration of the issuance of traveller’s cheques, money orders or otherpublic similar negotiable instruments, a record of the amount received, the date it was received, the name, address and date of birth of the person who in fact gave the amount and whether the amount received was in cash, cheques, traveller’s cheques, money orders or other similar negotiable instruments; (d) where money orders of $3,000 or more are cashed, a record of the name, address and date of birth of the person cashing the money orders and the name of the issuer of the money orders; (e) where an amount of $1,000 or more is remitted or transmitted, a record of (i) if the client is a person, their name, address, date of birth and telephone number and the nature of their principal business or their occupation, as applicable, (ii) if the client is an entity, the name, address, date of birth and telephone number of the person who, on behalf of the entity, requested that the transaction be initiated and the nature of that person’s principal business or their occupation, as applicable, (iii) the reference number and date of the transaction, (iv) the name of the beneficiary of the transaction, and (v) the amount and currency of the transaction; and (f) a transaction ticket in respect of every foreign currency exchange transactionbody.