Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations

31 Every money services business shall keep a record of the following information when a transaction is reviewed under any of subsections 67.2(1) to (4):

• (a) 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;

• (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.