Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations
53 Subject to subsection 63(1), every person or entity that is required to keep and retain a large cash transaction record under these Regulations shall ascertain, in accordance with subsection 64(1), the identity of every person with whom the person or entity conducts a transaction in respect of which that record must be kept, other than a deposit made to a business account or a deposit made by means of an automated banking machine.
- SOR/2003-358, s. 12
- SOR/2007-122, s. 48
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