FINTRAC Guidelines

Due to a technical error, the Regulations Amending Certain Regulations made under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act that received Governor in Council approval on June 17, 2016 contained errors in the coming into force dates. On June 29, 2016, Governor in Council approved amendments to the Regulations that corrected the coming into force provisions to June 30, 2016 and June 17, 2017 respectively.

Effective June 30, 2016, reporting entities will have a transition period to adopt new methods to ascertain the identity of clients (described in the Guideline Methods to ascertain the identity of individual clients) following the amendments made to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated Regulations. After June 17, 2017, Guideline 6 : Record Keeping and Client Identification will no longer be valid.

Guideline archives

To receive a copy of a previously published Guideline, please contact guidelines-lignesdirectrices@fintrac-canafe.gc.ca

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