Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations

60 Subject to subsections 62(1) and (2) and section 63, every casino shall

• (a) in accordance with subsection 64(1), ascertain the identity of every person for whom a signature card is created in respect of an account that the casino opens, except in the case of a business account for which signature cards are created for more than three persons, if the casino has ascertained the identity of at least three of those persons;

• (b) in accordance with subsection 64(1), ascertain the identity of every person who

  • (i) receives an amount from the casino for which a record is required to be kept under paragraph 43(g),

  • (ii) conducts a transaction of $3,000 or more with the casino for which an extension of credit record is required to be kept under paragraph 43(d),

  • (iii) conducts a foreign currency exchange transaction of $3,000 or more with the casino for which a transaction ticket is required to be kept under paragraph 43(e), or

  • (iv) requests that an amount of $1,000 or more be remitted or transmitted;

• (c) and (d) [Repealed, SOR/2007-122, s. 58]

• (e) in accordance with section 65, confirm the existence of and ascertain the name and address of every corporation for which the casino opens an account and the names of the corporation’s directors; and

• (f) in accordance with section 66, confirm the existence of every entity, other than a corporation, for which the casino opens an account.