Reporting Entity Obligations in Canada

Changes to Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and its associated Regulations will affect reporting entity obligations, including reporting, record keeping, client identification and implementing a compliance regime. The changes have been finalized and the related Regulations have been published. Most of the changes will come into effect on June 23, 2008. Get more information about how changes will affect each reporting entity sector.