Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations

6 (1) A financial services cooperative is engaged in a business or profession for the purposes of paragraph 5(i) of the Act.

(2) A credit union central is engaged in a business or profession for the purposes of paragraph 5(j) of the Act when it offers financial services to a person, or to an entity that is not a member of that credit union central.