Proceeds of Crime (Money Laundering) and Terrorist Financing Suspicious Transaction Reporting Regulations

1 (1) [Repealed, SOR/2016-153, s. 1]

(2) The following definitions apply in these Regulations.

accountant

accountant[Repealed, SOR/2019-240, s. 1]

accounting firm

accounting firm[Repealed, SOR/2019-240, s. 1]

Act

Act means the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. (Loi)

British Columbia notary corporation

British Columbia notary corporation[Repealed, SOR/2019-240, s. 1]

British Columbia notary public

British Columbia notary public[Repealed, SOR/2019-240, s. 1]

cash

cash means coins referred to in section 7 of the Currency Act, notes issued by the Bank of Canada under the Bank of Canada Act that are intended for circulation in Canada or coins or bank notes of countries other than Canada. (espèces)

cash

cash or currency[Repealed, SOR/2002-185, s. 2]

casino

casino means a government, organization, board or operator that is referred to in any of paragraphs 5(k) to (k.3) of the Act. (casino)

CICA Handbook

CICA Handbook[Repealed, SOR/2019-240, s. 1]

credit union central

credit union central[Repealed, SOR/2019-240, s. 1]

dealer in precious metals and stones

dealer in precious metals and stones[Repealed, SOR/2019-240, s. 1]

electronic funds transfer

electronic funds transfer[Repealed, SOR/2019-240, s. 1]

fiat currency

fiat currency means a currency that is issued by a country and is designated as legal tender in that country. (monnaie fiduciaire)

financial entity

financial entity[Repealed, SOR/2019-240, s. 1]

financial services cooperative

financial services cooperative[Repealed, SOR/2019-240, s. 1]

funds

funds means

• (a) cash and other fiat currencies, and securities, negotiable instruments or other financial instruments that indicate a title or right to or interest in them; or

• (b) a private key of a cryptographic system that enables a person or entity to have access to a fiat currency other than cash.

For greater certainty, it does not include virtual currency. (fonds)

jewellery

jewellery[Repealed, SOR/2019-240, s. 1]

legal firm

legal firm[Repealed, SOR/2003-102, s. 1]

life insurance broker or agent

life insurance broker or agent[Repealed, SOR/2019-240, s. 1]

listed person or entity

listed person or entity means

• (a) a terrorist group as defined in subsection 83.01(1) of the Criminal Code;

• (b) a person or entity that is the subject of an order or regulation made under the United Nations Act;

• (c) a person or entity that is the subject of an order or regulation made under the Special Economic Measures Act;

• (d) a foreign state, as defined in section 2 of the Special Economic Measures Act, that is the subject of an order or regulation made under that Act or the United Nations Act; or

• (e) a person who is the subject of an order or regulation made under section 4 of the Justice for Victims of Corrupt Foreign Officials Act (Sergei Magnitsky Law). (personne ou entité inscrite)

money services business

money services business[Repealed, SOR/2016-153, s. 1]

precious metal

precious metal[Repealed, SOR/2019-240, s. 1]

precious stones

precious stones[Repealed, SOR/2019-240, s. 1]

real estate broker or sales representative

real estate broker or sales representative[Repealed, SOR/2019-240, s. 1]

real estate developer

real estate developer[Repealed, SOR/2019-240, s. 1]

SWIFT

SWIFT[Repealed, SOR/2019-240, s. 1]

trust company

trust company[Repealed, SOR/2019-240, s. 1]

virtual currency

virtual currency means

• (a) a digital representation of value that can be used for payment or investment purposes that is not a fiat currency and that can be readily exchanged for funds or for another virtual currency that can be readily exchanged for funds; or

• (b) a private key of a cryptographic system that enables a person or entity to have access to a digital representation of value referred to in paragraph (a). (monnaie virtuelle)