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FINTRAC steps up examinations

FINTRAC steps up examinations

In spring 2016, a spokesperson for the Financial Transactions and Reports Analysis Centre (FINTRAC), Canada’s financial intelligence unit, told REM that significant deficiencies in how some real estate salespeople and brokerages in the Vancouver area were handling...
FINTRAC steps up brokerage audits

FINTRAC steps up brokerage audits

Significant deficiencies in how some salespeople and brokerages in the Vancouver area are handling their obligations under Canada’s anti-money laundering law has prompted Canada’s financial intelligence unit to increase the number of examinations it performs in the...