Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations (SOR/2002-184)

84 A person or entity shall verify, in accordance with section 105, 109 or 112, the identity of a person or entity from which they receive an amount

• (a) in respect of which they are required to keep a large cash transaction record under these Regulations, unless the amount is received as a deposit made into a business account or a deposit made by means of an automated banking machine; or

• (b) in respect of which they are required to keep a large virtual currency transaction record under these Regulations.