Proceeds of Crime (Money Laundering) and Terrorist Financing Registration Regulations (SOR/2007-121)

AMENDMENTS NOT IN FORCE

• — SOR/2024-266, s. 2

  • 2 The Proceeds of Crime (Money Laundering) and Terrorist Financing Registration RegulationsFootnote ² are amended by adding the following after section 6.01:

    • Return to footnote ²SOR/2007-121

    • • 6.02 (1) For the purposes of paragraph 11.12(1)(c.2) of the Act, an applicant that is a corporation must include with its application the following documents:

        • (a) a certificate of incorporation or the most recent version of any other record that confirms its existence as a corporation and contains its name and address and the names of its directors; and

        • (b) a document that sets out the ownership, control and structure of the corporation.

      • (2) For the purposes of paragraph 11.12(1)(c.2) of the Act, an applicant that is an entity other than a corporation must include with its application the following documents:

        • (a) the partnership agreement, articles of association or the most recent version of any other record that confirms its existence and contains its name and address; and

        • (b) a document that sets out the ownership, control and structure of the entity.

    • • 6.03 (1) The documents referred to in paragraphs 11.12(1)(b) and (c) of the Act must be issued no more than six months before the application for registration is submitted.

      • (2) A money services business or foreign money services business must keep the documents referred to in paragraphs 11.12(1)(b) and (c) and subsection 11.12(1.1) of the Act for a period of five years after the day on which it submits to the Centre the application for registration that includes the records or, if the records are submitted with a notification sent under subsection 11.13(1) of the Act, five years after the day on which the notification is sent.

• — SOR/2024-266, s. 3

  • 3 Item 8.1 of Part B of Schedule 1 to the Regulations is replaced by the following:

    • 8.1 

      If applicant is a foreign money services business, telephone number and email address of person who resides in Canada and who is authorized to accept, on applicant’s behalf, notices that are served or caused to be served by the Centre under the Act
    • 8.2 

      If document that sets out applicant’s record of criminal convictions — or, if applicant is an entity, record of criminal convictions of applicant’s chief executive officer, president and directors and persons who own or control, directly or indirectly, 20% or more of entity or shares of entity — or that states that applicant or those persons do not have record is made in language other than English or French,
      • (a) 

        country, political subdivision or territory and city where document issued
      • (b) 

        name of authority or entity that issued document
      • (c) 

        language in which document made
      • (d) 

        name of organization that issued translator’s certification and name of translator

• — SOR/2024-266, s. 4

  • 4 Part C of Schedule 1 to the Regulations is amended by adding the following after item 5:

    • 6 

      Date of issuance of documents obtained and reviewed under subsection 9.93(1) of the Act, country, political subdivision or territory and city where they were issued and name of authority or entity that issued them
    • 7 

      Date on which applicant is to carry out next review under paragraph 9.93(1)(b) of the Act
    • 8 

      If agent or mandatary is a person, their date of birth and country and political subdivision or territory of birth and of residence
    • 9 

      If agent or mandatary is a corporation, name, date of birth and country and political subdivision or territory of birth and of residence of its chief executive officer, its president, each of its directors and every person who owns or controls, directly or indirectly, 20% or more of its shares
    • 10 

      If agent or mandatary is an entity other than a corporation, name, date of birth and country and political subdivision or territory of birth and of residence of its chief executive officer, its president, each of its directors and every person who owns or controls, directly or indirectly, 20% or more of entity

• — SOR/2024-267, s. 23

  • 23 Schedule 1 to the Proceeds of Crime (Money Laundering) and Terrorist Financing Registration RegulationsFootnote ³ is amended by adding the following after Part C:

    • Return to footnote ³SOR/2007-121

    PART DInformation with Respect to Private Automated Banking Machines for Which Applicant Provides Acquirer Services

    • 1 

      Name, address, email address and telephone number of owner, lessor and operator of private automated banking machine, as well as
      • (a) 

        in the case of a person, their date of birth and nature of their principal business or their occupation
      • (b) 

        in the case of an entity, its registration or incorporation number, jurisdiction and country of issue of that number and nature of its principal business
    • 2 

      Name, address, email address and telephone number of owner of cash that is loaded into private automated banking machine, as well as
    • (a) 

      in the case of a person, their date of birth and nature of their principal business or their occupation
    • (b) 

      in the case of an entity, its registration or incorporation number, jurisdiction and country of issue of that number and nature of its principal business
    • 3 

      Number of settlement account for private automated banking machine and name and address of each account holder, nature of their principal business or their occupation and, in the case of a person, their date of birth
    • 4 

      Terminal identification number of private automated banking machine
    • 5 

      Brand, model and serial number of private automated banking machine
    • 6 

      Number of bills that private automated banking machine can contain
    • 7 

      Name and address of place of business at which private automated banking machine is located and nature of principal business of place of business
    • 8 

      Nature of business relationship between owner of cash, owner, lessor and operator of private automated banking machine and owner of place of business at which machine is located
    • 9 

      Source of cash that is loaded into private automated banking machine
    • 10 

      Method used to transport cash