Draft guidance: Reporting casino disbursements to FINTRAC
New – Added on December 29, 2023
From: Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
This guidance comes into effect on June **, 2024
This guidance explains the requirement to report casino disbursements to FINTRAC.
Please note this is a draft document and, as such, may be subject to change. Once in effect, this guidance will replace the following April 2022 guidance, which will be archived online:
- Guideline 10A: Submitting Casino Disbursement Reports to FINTRAC electronically
- Guideline 10B: Submitting Casino Disbursement Reports to FINTRAC by paper
Refer to the existing guidance above if you need to report a casino disbursement that occurs prior to June **, 2024.
Note:
- Throughout this guidance, references to dollar amounts (such as $10,000) are in Canadian dollars unless otherwise specified.
- The examples and scenarios are meant to help explain reporting requirements.
- The details used in these examples and scenarios such as names of persons, names of entities, addresses, phone numbers and email addresses are fictitious.
In this guidance
- 1. Who must comply
- 2. What is a casino disbursement
- 3. When to submit a Casino Disbursement Report
- 4. How to submit a report to FINTRAC
- 5. The form for reporting a casino disbursement
- 6. Other requirements associated with casino disbursements
- Annex A: Field instructions to complete a Casino Disbursement Report
- Annex B: Scenarios
- Details and history
- For assistance
Related links
Related acts and regulations
Related guidance
- Reporting transactions to FINTRAC: The 24-hour rule
- What is a Suspicious Transaction Report
- Reporting suspicious transactions to FINTRAC
- Draft guidance: Reporting electronic funds transfer to FINTRAC (Link to Draft documents page until June 2024)
- Methods to verify the identity of persons and entities
- Third party determination requirements
- Compliance program requirements
- Voluntary self-declaration of non-compliance
- Travel rule for electronic funds and virtual currency transfers
1. Who must comply
All casinos must comply with the casino disbursement reporting requirements.
A casino is a government, organization, board or operator in Canada authorized to do business in Canada and that conducts and manages:
- a lottery scheme, located at a fixed place of business that includes games of roulette or card games; or
- games operated on or through a slot machine or similar electronic gaming device, located at a fixed place of business, where there are more than 50 slot machines or similar electronic games in the establishment. This could include a place of business such as a restaurant with electronic gaming machines; or
- a lottery scheme accessible to the public through the Internet or other digital network. This does not include an entity if it is solely offering online bingo or the sale of lottery tickets.
A registered charity authorized to carry on business in a casino for a period of 2 consecutive days or less, under the supervision of the casino, is not considered to be a casino.
In Canada, the provincial and territorial governments delegate the legal responsibility as to who can conduct and manage gaming activities (lottery scheme) at a casino. The reporting entity that is delegated this responsibility by the province or territory is then responsible for meeting the obligations of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the Act) and Regulations for that casino.
A service provider can submit and correct a Casino Disbursement Report on behalf of a casino. However, the casino is ultimately responsible for meeting the requirements under the Act and associated Regulations, even if a service provider is reporting on their behalf. This legal responsibility cannot be delegated.
For more information:
Legal references
- Proceeds of Crime (Money Laundering) and Terrorist Financing Act, Statutes of Canada 2000, chapter 17, paragraph 5(k) to 5(k.3)
- Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations, SOR/2002-184, section 75
2. What is a casino disbursement
A reportable casino disbursement occurs when you make a disbursement in an amount of $10,000 or more in a single disbursement for any of the following:
- the redemption of slot tickets, chips, tokens or plaques
- a casino account withdrawal
- a safekeeping withdrawal
- an advance on any form of credit, including an advance by a marker or a counter cheque
- a payment on a bet, including a slot jackpot
- a payment to a client of funds received for credit to that client or another client
- the cashing of a cheque or the redemption of another negotiable instrument, and
- a reimbursement to a client for travel or entertainment expenses
Note: The 24-hour rule applies to casino disbursements. Refer to section 3. When to submit a Casino Disbursement Report for more information.
This includes an amount paid out in cash, by cheque, by transfer or other methods to a casino client, a patron or any other person or entity involved in the disbursement, but only if they were paid out for the types of disbursements listed above. In this context, a disbursement does not include any amount that you pay out in casino chips, tokens or slot tickets, as these disbursements involve exchanging one form of casino product for another and it remains within the casino.
A reportable disbursement does not include the following:
- a payment for services or goods to the casino's staff, suppliers or entertainers
- an amount deposited to the casino's bank account
- an amount deposited to a client’s front money account
- an amount applied to a casino credit account
- an advance on a client's credit card, unless the credit card was issued by the casino
- a complimentary payment or redemption of player points
- a cash bonus payment (rewards program), or
- cash received by the casino (refer to Reporting large cash transactions to FINTRAC for information about when the receipt of cash is reportable)
Note: If you conduct a single disbursement in which you pay out an amount that covers both a reportable disbursement and a non-reportable disbursement, you must submit a Casino Disbursement Report for the reportable disbursement.
Example
You redeem $18,000 in chips to a client by issuing a cheque for $10,000 and depositing the remaining $8,000 to the client's front money account. In this case, your Casino Disbursement Report reflects the total $18,000 in the starting action, but only the specific $10,000 disbursement you issued for the cheque is reportable in the completing action. You are only required to report the total amount of chips paid out to the client for the types of reportable disbursements.
If the disbursement cheque issued is less than $10,000, and the total amount disbursed is less than $10,000 within a consecutive 24‑hour period, the disbursement is not reportable as it does not meet the reporting threshold of $10,000.
Legal references
- Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations, SOR/2002-184, section 71
3. When to submit a Casino Disbursement Report
You must submit a Casino Disbursement Report to FINTRAC when you make a disbursement of $10,000 or more in a single disbursement.
Note: You must submit a Casino Disbursement Report to FINTRAC within 15 calendar days after the day on which you make the disbursement.
Legal references
- Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations, SOR/2002-184
- section 71
- subsection 132(3)
24-hour rule
You must also submit a Casino Disbursement Report to FINTRAC in accordance with the 24-hour rule. That is, you must submit a report when:
- you make 2 or more disbursements that total $10,000 or more within a consecutive 24-hour period, and
- you know that the disbursements are:
- requested by the same person or entity
- received by the same person or entity
- requested on behalf of the same person or entity, or
- received on behalf of the same person or entity
Note: You must wait until the end of your designated 24-hour period before reporting a disbursement of $10,000 or more to FINTRAC. This will ensure you have included in the Casino Disbursement Report all reportable disbursements based on your aggregation type.
For more information:
Legal references
- Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations, SOR/2002-184, section 130
Foreign currency
If a disbursement is in a foreign currency, you must convert the amount into Canadian dollars using the exchange rate published by the Bank of Canada in effect at the time of the disbursement to determine whether you have reached the reporting threshold amount of $10,000 CAD.
If an exchange rate is not published by the Bank of Canada, then you must use the rate you establish in the normal course of your business at the time of the disbursement.
Your process for establishing an exchange rate to determine if you have reached the reporting threshold amount should be outlined in your compliance policies and procedures.
Legal references
- Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations, SOR/2002-184
- paragraph 125(a)
- paragraph 125(b)
4. How to submit a casino disbursement report
You must submit a Casino Disbursement Report to FINTRAC electronically using the following options:
- FINTRAC Web Reporting System (FWR) (geared towards reporting entities with lower reporting volumes)
- FINTRAC API report submission (secure system-to-system transfer of report information)
Note about paper form: If you do not have the technical capability to submit reports electronically to FINTRAC, you must submit reports in paper form.
5. The form for reporting casino disbursements
In this section
Form structure
The form for reporting casino disbursements has 4 sections:
- General information
- Disbursement information
- Starting action
- Completing action
Main sections of the form | Type of information for each section |
---|---|
General information |
|
Disbursement information |
|
Starting action |
|
Completing action |
|
Note
|
Form highlights
The structure of the form allows you to include:
- 1 or more disbursements that total $10,000 or more within a consecutive 24-hour period in a single report
- These disbursements can be below $10,000 or $10,000 or more (as long as they total $10,000 or more within a consecutive 24-hour period). For more information, refer to:
- The disbursements can also occur at the same or different casino locations.
- 1 or more starting actions and completing actions in a single disbursement
Note: Because you must provide a date and time for each disbursement, it is understood that all starting and completing actions within the disbursement also occur at this date and time. If it does not, you should add a new disbursement to the report.
- multiple requesters, third party requesters, account holders and third parties within each starting action
- multiple receivers, third party receivers, account holders, and other persons or entities involved within each completing action
Important information about the number of disbursements, starting actions and completing actions in a report
- You must complete the General information section of the report and provide information for each disbursement.
- A Casino Disbursement Report must include at least 1 disbursement.
- Every disbursement must have at least:
- 1 starting action, and
- 1 completing action
- A report can have multiple disbursements and within each disbursement, you can include multiple starting and completing actions.
- When completing the report, you must ensure that the information you provide reflects the patron’s instructions and is consistent with your policies and procedures.
Example 1
Sam walks into ABC Casino and requests to withdraw $12,000 from his casino front money account. In exchange, Sam receives $12,000 in cash.
ABC Casino submits a Casino Disbursement Report indicating that Sam requested a disbursement with:
- 1 starting action (the request to withdraw $12,000 from Sam’s casino front money account), and
- 1 completing action (disbursement of $12,000 in cash to Sam)
Example 2
Alex is present at ABC Casino and requests to redeem casino chips for $22,000. Alex requests that $8,000 be paid out in cash, and to receive the remaining $14,000 in cheque.
ABC Casino submits a Casino Disbursement Report indicating that Alex requested a disbursement with:
- 1 starting action (the request to redeem casino chips for $22,000), and
- 2 completing actions
- the disbursement of $8,000 in cash to Alex, and
- the disbursement of $14,000 in cheque issued to Alex
6. Other requirements associated with casino disbursements
In this section
Compliance program
Your compliance program’s policies and procedures must outline your process and criteria on:
- selecting exchange rates and their source
- aggregating disbursements
- determining if you are dealing with a person or entity
- submitting reports to FINTRAC
If you have an automated or triggering system in place to detect when a threshold amount is reached for reporting, a person should still assess the disbursement(s), as a best practice, to ensure the submission of a Casino Disbursement Report.
Your compliance program must also include training on suspected money laundering and terrorist financing activities in relation to your business.
For more information:
Suspicious transactions
In addition to reporting casino disbursements, you may also be required to submit a Suspicious Transaction Report to FINTRAC when you have reasonable grounds to suspect that a disbursement is related to the commission, or the attempted commission, of a money laundering or terrorist activity financing offence. Therefore, you may be required to submit a Casino Disbursement Report and a Suspicious Transaction Report for the same disbursement.
For more information:
- What is a Suspicious Transaction Report
- Reporting suspicious transactions to FINTRAC
- Money laundering and terrorist financing indicators under All FINTRAC guidance – Transaction reporting
Disbursements related to terrorist property
If a disbursement is related to property owned or controlled by or on behalf of a listed person or a terrorist group, you must not complete the disbursement.
You must submit a Terrorist Property Report to FINTRAC immediately once you are required to make a disclosure under the Criminal Code or the Regulations Implementing the United Nations Resolutions on the Suppression of Terrorism.
The property must be frozen under the Regulations Implementing the United Nations Resolutions on the Suppression of Terrorism, and the Criminal Code.
For more information:
Legal references
- Proceeds of Crime (Money Laundering) and Terrorist Financing Act, Statutes of Canada 2000, chapter 17, subsection 7.1(1)
- Proceeds of Crime (Money Laundering) and Terrorist Financing Suspicious Transaction Reporting Regulations, SOR/2002-317, subsection 10(2)
Electronic funds transfers
If a casino disbursement involves a reportable electronic funds transfer, then you must submit an Electronic Funds Transfer Report to FINTRAC in addition to a Casino Disbursement Report.
For more information:
- Draft guidance: Reporting electronic funds transfer to FINTRAC (Link to Draft documents page until June 2024)
Record keeping
When you submit a Casino Disbursement Report to FINTRAC, you must keep a copy of it for at least 5 years from the date the report was created.
For more information:
- Consult your sector-specific guidance under All-FINTRAC guidance – Record keeping
Legal references
- Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations, SOR/2002-184
- section 144
- paragraph 148 (1)(c)
Verifying the identity of persons
There are requirements on when and how to verify the identity of a person who receives a casino disbursement.
For more information:
- Methods to verify the identity of persons and entities
- Consult your sector-specific guidance on when to verify the identity of persons and entities under All FINTRAC guidance – Knowing your client
Third party determination
There are requirements to determine whether a person or entity requesting a casino disbursement is acting on behalf of another person or entity.
For more information:
Voluntary self-declaration of non-compliance
If you discover instances of non-compliance related to your casino disbursement reporting requirements, FINTRAC strongly encourages you to report a voluntary self-declaration of non-compliance.
For more information:
Annex A: Field instructions to complete a casino disbursement report
This annex contains instructions on how to complete the fields in a Casino Disbursement Report.
In this annex
Note:
- Some fields only become applicable on the completion of other fields.
- Some field instructions may only apply to the electronic report submissions and not paper submissions.
- Fields that are not applicable are to be left blank. When a field is not applicable:
- do not enter "Not applicable", "N/A" or "n/a", or
- do not substitute any other abbreviations, special characters ("x", "-"or "*") or words ("unknown") in the field
- Failure to provide applicable reporting information will result in non-compliance and may lead to criminal or administrative penalties. To learn more about potential enforcement actions:
Standardized field instructions
This section contains instructions for:
- the expected level of effort to obtain the prescribed information for the reporting fields
- completing some fields that appear in multiple sections of the form.
In this section
Field categories
Fields are categorized as either:
- mandatory
- mandatory for processing
- mandatory if applicable, or
- reasonable measures
Field categories | Instructions |
---|---|
Mandatory | These fields are indicated with an asterisk symbol (*) and must be completed. Because a Casino Disbursement Report can include multiple disbursements made within 24 consecutive hours that total $10,000 or more, the information for some mandatory fields may not have been obtained at the time of the disbursement. In this case, the fields become "reasonable measures" fields, and the instructions for reasonable measures (below in this table) must be applied. Note: If a Casino Disbursement Report contains multiple disbursements made within 24 consecutive hours and 1 of these disbursements is $10,000 CAD or more, then the mandatory fields will apply. Legal references
|
Mandatory for processing | These fields are indicated with a double dagger symbol (‡) and must be completed. |
Mandatory if applicable | These fields are indicated with a dagger symbol (†) and must be completed if they are applicable to you or the disbursement being reported. |
Reasonable measures | You must take reasonable measures to obtain the information for all non-mandatory fields in the report, if they are applicable. Reasonable measures are the steps that you must take, as outlined in your policies and procedures, to obtain the information that can include asking the person or entity involved in the disbursement for the information. If you obtain the information, you must report it. You must also provide the information if it is contained within your systems or records. Legal references
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Name fields
Name fields | Instructions |
---|---|
Surname | Provide the last name of the person. |
Given name | Provide the first name of the person. Note: If a person has only a single name, enter "XXX" in the "Given name" field and the person's single name in the "Surname" field. |
Other/Initial | Provide the middle or other name(s) of the person, or their initial(s) if no other names apply. |
Alias | Provide the name a person uses, or by which they are known, other than the name provided under surname, given name, or other/initial. |
Name of entity | Provide the full name of the entity. |
Address fields
Provide the address details in the structured or unstructured fields (as applicable) as explained below.
Structured address fields
Structured address fields include:
- Apartment/Room/Suite/Unit number
- House/Building number
- Street address
- City
- District
- Country
- Province or state (code) – For provinces or states in Canada, the United States or Mexico, select from the list of options.
- Province or state (name) – For provinces or states outside Canada, the United States or Mexico, provide the name of the province or state.
- Sub-province and/or sub-locality
- Postal or zip code
If you have the ability to separate the information
You must report it in the structured address fields.
For example, if a person lives at #10-123 Main Street, Richmond, British Columbia, Canada A1B 2C3, complete the address fields as follows:
Structured address fields | Information provided |
---|---|
Apartment/Room/Suite/Unit number | 10 |
House/Building number | 123 |
Street address | Main Street |
City | Richmond |
Country | Canada |
Postal code | A1B 2C3 |
If you are unable to separate the address information into the structured address fields
If, for example, your system groups the Apartment/Room/Suite/Unit number with the House/Building number and Street address, then provide:
- all the address information in the street address field
- the city, province, country and postal code in their respective fields
If there is no civic address
If a person or entity's address is in an area where there is no civic address, provide a description of the physical location.
For example, if a person lives in the third house to the right after the community center in Tinytown, Saskatchewan, Canada X1Y 2Z2, complete the address fields as follows:
Structured address fields | Information provided |
---|---|
Street address | Third house to the right after the community center |
City | Tinytown |
Province | SK |
Country | Canada |
Postal code | X1Y 2Z2 |
Note: If you use the structured address fields, you cannot use the unstructured address fields to provide additional information.
Unstructured address field
You should only use the unstructured address field when it is not possible to separate the address information. This typically occurs when you are uploading a large volume of reports and the data originates from outside your organization. For example, when you are in final receipt of an electronic funds transfer and the foreign address of the person who requested the transfer information cannot be easily populated into the structured address fields.
If possible, enter information about the country in the Country field and provide the unstructured address information in the following format:
- street address/city/province or state/postal code or zip code
Invalid addresses
The following are not valid addresses, and should not be provided in either the structured or unstructured address fields:
- a post office box without a complete physical address (for example, PO Box 333)
- general delivery address
- only a suite number (for example, Suite 256) without additional address information
Persons who are transient or have no fixed address
For persons who are transient (for example, travelling in a recreational vehicle or temporarily working in a camp) and have no fixed address, you are required to provide the following information:
Type of person | What to provide |
---|---|
Canadian residents | Their permanent Canadian address, even if that is not where they are currently residing |
Foreign clients travelling in Canada for a short period of time | Their foreign residential address |
Foreign clients living in Canada for a longer period of time (such as a student) | The person's temporary Canadian address |
Occupation/business fields
Occupational/business fields | Instructions |
---|---|
Occupation |
When entering occupation information, you should be as descriptive as possible. For example, if the person is:
You can enter a numeric classification code and the code title in this field (for example, NOC – National Occupational Classification). However, a numeric code on its own is not sufficient as you need a written description of the occupation as explained above. Note: If your client indicates that they are the manager of Blue Moon Auto Parts Ltd., you would enter “manager of auto parts company” in the occupation field and “Blue Moon Auto Parts Ltd.” in the name of employer field as explained below. |
Name of employer |
Enter the name of the person’s employer. Do not provide the name of a supervisor or manager. This field is meant to capture the name of the business that employs the person. If the person has multiple employers, you only need to provide one but it should be the person’s primary employer. Providing the name of employer can augment the description of a person’s occupation. For example, “retail clothing store manager for ABC high-end clothing store” and “retail clothing store manager for XYZ discount clothing store” are more descriptive than “retail clothing store manager” on its own. |
Nature of entity’s principal business |
You should be as descriptive as possible when entering the entity’s principal business. If the entity’s principal business is “sales,” provide the type of sales, such as “pharmaceutical sales” or “retail clothing sales.” You can enter a numeric classification code and the code title in this field (for example, NAICS – North American Industry Classification System). However, a numeric code on its own is not sufficient, as you need a written description of the nature of the entity’s principal business as explained above. |
Identification fields
Identification fields | Instructions | ||||||||
---|---|---|---|---|---|---|---|---|---|
Identifier type |
Select the identifier type for the person or entity as applicable. If the identifier type is not listed, select “Other” and provide details. If you use the dual process method to identify a person, you must provide details of both sources of information in the identifier type fields. Note: Don’t report a Social Insurance Number (SIN) to FINTRAC. In addition, you cannot use documentation for identification purposes where it is prohibited by provincial legislation. For more information on how to identify persons and entities, refer to:
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Number associated with identifier type | This is the number indicated on the identifier type that was used to verify the identity of the person or entity. For example, on a driver’s licence, the licence number is the identification number and on a Certificate of Incorporation, the incorporation number is the identification number. | ||||||||
Jurisdiction of issue (country, province or state) |
Provide the country, province, or state that issued the documentation used to identify the person or entity.
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Telephone number fields
Location of telephone number | Instructions |
---|---|
Canada or the United States | Enter the area code and local number (for example, 999-999-9999). |
Outside Canada or the United States |
Enter the:
For example, “99-999-9999-9999” would indicate:
|
Specific field instructions
This section contains instructions for the report fields and are laid out in the same order as they appear on the Casino Disbursement Report form.
Note: For some fields, the instructions:
- have not been provided and are indicated as "Instructions not specified"
- refer to the Standardized field instructions section
In this section
General information
Fields | Instructions |
---|---|
* Reporting entity number | You must enroll in FINTRAC Web Reporting System (FWR) to submit reports electronically. Provide the 7-digit identifier number assigned to you by FINTRAC at enrolment. |
‡ Reporting entity report reference number | A number assigned to each report by:
This number must be unique to your business, meaning it can only be used once. |
Whom can FINTRAC contact about this report?
Enter the contact information of the person you would like FINTRAC to liaise with in the event that a follow up is required.
You must ensure that all of your contacts’ information is up to date in FINTRAC Web Reporting System (FWR) prior to submitting your report(s).
Report information
Indicate whether the report is related to 1 or multiple disbursements that occurred within a consecutive 24-hour period.
When you provide a date and time, you must include the time zone. The fields below provide instructions for formatting.
Fields | Instructions |
---|---|
‡ 24-hour aggregation type | Indicate the type of aggregation used when multiple disbursements occur within a consecutive 24-hour period:
If the report is for 1 disbursement only, then aggregating disbursements does not apply and you should select "Not applicable". Note: You must provide a start date/time and end date/time in the fields below, even if there is no aggregation and you select "not applicable" in the 24-hour aggregation type field. |
‡ 24-hour period start date and time | Provide the start date and time of the 24-hour period. You must include the time zone (that is, UTC offset) in the 24-hour period start time field. You must enter the start time in the following format: HH:MM:SS±ZZ:ZZ. For example, 1:25:06 pm in Ottawa, Ontario would be reported as 13:25:06-05:00. |
‡ 24-hour period end date and time | Provide the end date and time of the 24-hour period. If your 24-hour period starts at 8:00 am, it would end at 7:59 am the following day. You must include the time zone (that is, UTC offset) in the 24-hour period end time field. The field above provides instructions for formatting. Note: The start date/time and end date/time that you provide will establish the 24-hour period in which you look for possible aggregate disbursements, and report all applicable disbursements within. Because you must aggregate on each party separately (requested by, received by, requested on behalf of, or received on behalf of), it is possible to have multiple 24-hour periods (for example, a 24-hour period for requesters that is different than your 24-hour period for receivers). |
Disbursement information
Information about the disbursement
Fields | Instructions | ||||||
---|---|---|---|---|---|---|---|
* Date and time of disbursement | Enter the date and time of the disbursement. It cannot be a future date. A report can contain multiple disbursements that took place in different time zones, but these disbursements should all be within your 24-hour aggregation period that is indicated by the 24‑hour period start date and time and the 24-hour period end date and time in the report. ExamplesIf your report indicates that the 24-hour period is 12:00 am to 11:59 pm Pacific Standard Time (PST) and you have disbursements that occurred in both PST and Mountain Standard Time (MST) zones, you will need to do the following:
Your process to convert and report disbursements that occur in different time zones should be documented in your policies and procedures to ensure your reporting is consistent. For more information: |
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* Method of disbursement | Select the method that describes how the disbursement was requested. If the method is not listed, select "Other." |
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† If "Other," please specify | Provide a brief description on how the disbursement was requested. | ||||||
‡ Threshold indicator | Indicate whether the value of the disbursement requested was above or below $10,000 at the time of receipt. Select:
Note: This is the total amount disbursed at the end of the 24-hour period. |
||||||
‡ Reporting entity transaction reference number | This is a unique number assigned to each disbursement by:
|
Information about where the disbursement was made
Provide information about the physical location where the disbursement took place.
For example, if the disbursement was made at self-redemption kiosk, provide the reporting entity location number and address information for that kiosk.
Field | Instructions |
---|---|
* Reporting entity location number | This represents information about where the disbursement took place. The location number is:
For more information about this, contact your FWR administrator. |
† Street address | Refer to Address fields under "Standardized field instructions". |
† City | Same instructions (address fields) |
† Country | Same instructions (address fields) |
† Province or state (code) | Same instructions (address fields) |
† Province or state (name) | Same instructions (address fields) |
† Postal or zip code | Same instructions (address fields) |
Starting action
Provide information about how the disbursement was started.
Fields | Instructions |
---|---|
* Reason of disbursement | This represents how the disbursement was initiated by the client. It refers to what the client requested or presented to the casino to start the disbursement. For example, a client made a safekeeping withdrawal or redeemed slot tickets. It could also include a payment to a client for the winnings of sports betting. |
† If "Other", please specify | Provide a brief description on the reason of the disbursement. |
† Amount | Enter the total amount of funds involved in the starting action. |
† Currency code | Enter the currency code of the starting action, including if it was in Canadian dollars. If the currency type is not in the list provided, you must select "Other" and provide the full name of the currency. |
† Value in CAD of disbursement if not in funds | Enter the value in CAD if the disbursement was not conducted using funds (for example, jewelry). |
Account/reference information
Fields | Instructions |
---|---|
† Account information type | Select the account or reference number type, whether it is:
Note:
|
Casino account information
(This section is active when the "Account information type" is "Casino account")
Fields | Instructions |
---|---|
† Casino account type | Select the type of casino account used in the disbursement:
|
† If "Other", please specify | Provide a description of the account type used. |
† Account number | Provide the account number for the casino account or other account type. |
† Account currency code | Enter the currency code of the account, including if it was in Canadian dollars. If the currency type is not in the list provided, you must select "Other" and provide the full name of the currency. |
Date account opened | Enter the date the account was opened. |
Address of casino where account is held
Fields | Instructions |
---|---|
† Casino identifier number where the account is held |
Provide the unique number assigned by FINTRAC designated for the casino. |
Apt/Room/Suite/Unit number |
Refer to Address fields under "Standardized field instructions". |
House/Building number |
Same instructions (Address fields) |
† Street address |
Same instructions (Address fields) |
† City |
Same instructions (Address fields) |
District |
Same instructions (Address fields) |
† Country |
Same instructions (Address fields) |
† Province or state (code) |
Same instructions (Address fields) |
† Province or state (name) |
Same instructions (Address fields) |
Sub-province and/or sub-locality |
Same instructions (Address fields) |
Postal or zip code |
Same instructions (Address fields) |
Casino account holder – person
Provide the information you have on 1 or multiple persons specified as account holders specific to the casino account.
Fields | Instructions |
---|---|
† Surname |
Refer to Name fields under "Standardized field instructions". |
† Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
Casino account holder – entity
Provide the information you have on 1 or multiple entities specified as account holders specific to the casino account.
Fields | Instructions |
---|---|
† Name of entity |
Refer to Name fields under "Standardized field instructions". |
Financial institution account information
(This section is active when the "Account information type" is "financial institution account")
Field | Instructions |
---|---|
† Account type |
Instructions not specified |
† If "Other", please specify |
Instructions not specified |
† Financial institution number |
Instructions not specified |
† Branch number |
Instructions not specified |
† Account number |
If the disbursement involves an account at a financial entity, securities dealer or casino (account-based reporting entities), provide that account number. |
† Account currency code |
Instructions not specified |
Date account opened |
Instructions not specified |
Financial institution account holder – person
Fields | Instructions |
---|---|
† Surname |
Refer to Name fields under "Standardized field instructions". |
† Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
Financial institution account holder – entity
Fields | Instructions |
---|---|
† Name of entity |
Refer to Name fields under "Standardized field instructions". |
Reference information
(This section is active when the "Account information type" is "Non-account based (reference number)")
Fields | Instructions |
---|---|
† Reference number |
If the disbursement involved a reference number, provide it in this field. |
Other number related to reference number |
Provide any other number related to the reference number as applicable. |
Information about the person requesting the disbursement
Fields | Instructions |
---|---|
† Surname |
Refer to Name fields under "Standardized field instructions". |
† Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
Alias |
Same instructions (Name fields) |
Client number |
A unique identifying number assigned by the casino to the person requesting the disbursement. |
Apt/Room/Suite/Unit number |
Refer to Address fields under "Standardized field instructions". |
House/Building number |
Same instructions (Address fields) |
† Street address |
Same instructions (Address fields) |
† City |
Same instructions (Address fields) |
District |
Same instructions (Address fields) |
† Country |
Same instructions (Address fields) |
† Province or state (code) |
Same instructions (Address fields) |
† Province or state (name) |
Same instructions (Address fields) |
Sub-province and/or sub-locality |
Same instructions (Address fields) |
Postal or zip code |
Same instructions (Address fields) |
Unstructured address details |
Same instructions (Address fields) |
Telephone number |
Same instructions (Address fields) |
Extension |
Same instructions (Address fields) |
Email address |
Instructions not specified |
† Date of birth |
Instructions not specified |
Country of residence |
Enter the primary country of residence for the person. It can be the same or different from the country entered in the address section. |
† Occupation |
Refer to Occupation/business fields under "Standardized field instructions". |
Name of employer |
Same instructions (Occupation/business fields) |
Identification information of the person requesting the disbursement
Fields | Instructions |
---|---|
† Identifier type |
Refer to Identification fields under "Standardized field instructions". |
† If "Other," please specify |
Same instructions (Identification fields) |
† Number associated with identifier type |
Same instructions (Identification fields) |
† Jurisdiction of issue (country) |
Same instructions (Identification fields) |
† Jurisdiction of issue (province or state) (code) |
Same instructions (Identification fields) |
† Jurisdiction of issue (province or state) (name) |
Same instructions (Identification fields) |
Information about requesting the disbursement online – person
Fields | Instructions |
---|---|
Person’s user name |
Provide the user name of the person requesting the disbursement online. |
Type of device used |
Select which device was used to request the disbursement online. |
† If "Other," please specify |
Provide the type of device used. |
Device identifier number |
The device identifier number is a number assigned to the device, such as:
|
Internet protocol address |
Instructions not specified |
Date / time of online session in which request was made |
This is the date and time the requester accessed the online environment where the disbursement was requested. |
Information about the entity requesting the disbursement
Fields | Instructions |
---|---|
† Name of entity |
Refer to Identification fields under "Standardized field instructions". |
Client number |
A unique identifying number assigned by the casino to the person requesting the disbursement. |
Apt/Room/Suite/Unit number |
Refer to Address fields under "Standardized field instructions". |
House/Building number |
Same instructions (Address fields) |
† Street address |
Same instructions (Address fields) |
† City |
Same instructions (Address fields) |
District |
Same instructions (Address fields) |
† Country |
Same instructions (Address fields) |
† Province or state (code) |
Same instructions (Address fields) |
† Province or state (name) |
Same instructions (Address fields) |
Sub-province and/or sub-locality |
Same instructions (Address fields) |
Postal or zip code |
Same instructions (Address fields) |
Unstructured address details |
Refer to Unstructured address field under "Standardized field instructions". |
Telephone number |
Refer to Telephone number fields under "Standardized field instructions". |
Extension |
Same instructions (Telephone number fields) |
† Nature of the entity’s principal business |
Refer to Occupation/business fields under "Standardized field instructions". |
‡ Do you have incorporation or registration information? |
Instructions not specified |
† Incorporated or registered? |
Select the type of entity requesting the disbursement (registered, incorporated, both, or unknown). |
Incorporation information of the entity requesting the disbursement
Fields | Instructions |
---|---|
† Incorporation number |
Provide the incorporation number of the entity. |
† Jurisdiction of issue (country) of incorporation |
Refer to Identification fields under "Standardized field instructions". |
† Jurisdiction of issue (province or state) (code) of incorporation |
Same instructions (Identification fields) |
† Jurisdiction of issue (province or state) (name) of incorporation |
Same instructions (Identification fields) |
Registration information of the entity requesting the disbursement
Fields | Instructions |
---|---|
† Registration number |
Provide the registration number of the entity. |
† Jurisdiction of issue (country) of registration |
Refer to Identification fields under "Standardized field instructions". |
† Jurisdiction of issue (province or state) (code) of registration |
Same instructions (Identification fields) |
† Jurisdiction of issue (province or state) (name) of registration |
Same instructions (Identification fields) |
Identification information of the entity requesting the disbursement
Fields | Instructions |
---|---|
† Identifier type |
Refer to Identification fields under "Standardized field instructions". |
† If "Other," please specify |
Same instructions (Identification fields) |
† Number associated with identifier type |
Same instructions (Identification fields) |
† Jurisdiction of issue (country) |
Same instructions (Identification fields) |
† Jurisdiction of issue (province or state) (code) |
Same instructions (Identification fields) |
† Jurisdiction of issue (province or state) (name) |
Same instructions (Identification fields) |
Person authorized to bind the entity or act with respect to the account (maximum 3)
If the requester is an entity, you must provide the information for up to 3 persons who are authorized to:
- bind the entity, or
- act with respect to the account
Fields | Instructions |
---|---|
† Surname |
Refer to Name fields under "Standardized field instructions". |
† Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
Information about requesting the disbursement online – entity
Fields | Instructions |
---|---|
Entity’s user name |
Provide the user name of the entity requesting the disbursement online. |
Type of device used |
Select which device was used to request the disbursement online. |
† If "Other," please specify |
Provide the type of device used. |
Device identifier number |
The device identifier number is a number assigned to the device, such as:
|
Internet protocol address |
Instructions not specified |
Date / time of online session in which request was made |
This is the date and time the requester accessed the online environment where the disbursement was requested. |
On behalf of requester indicator
Fields | Instructions |
---|---|
‡ Was this disbursement requested on behalf of another person or entity? |
This field is a "Yes/No" question. Select "Yes" if the disbursement was requested on behalf of another person or entity. The "on behalf of" party is also known as the third party. |
Information about the third party requester (person on whose behalf the disbursement was requested)
If the disbursement was requested on behalf of another person, you must include the relevant information.
Fields | Instructions |
---|---|
† Surname |
Refer to Name fields under "Standardized field instructions". |
† Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
Alias |
Same instructions (Name fields) |
Client number |
A unique identifying number assigned by the casino to the person requesting the disbursement. |
Apt/Room/Suite/Unit number |
Refer to Address fields under "Standardized field instructions". |
House/Building number |
Same instructions (Address fields) |
† Street address |
Same instructions (Address fields) |
† City |
Same instructions (Address fields) |
District |
Same instructions (Address fields) |
† Country |
Same instructions (Address fields) |
† Province or state (code) |
Same instructions (Address fields) |
† Province or state (name) |
Same instructions (Address fields) |
Sub-province and/or sub-locality |
Same instructions (Address fields) |
Postal or zip code |
Same instructions (Address fields) |
Unstructured address details |
Refer to Unstructured address field under "Standardized field instructions". |
Telephone number |
Refer to Telephone number fields under "Standardized field instructions". |
Extension |
Same instructions (Telephone number fields) |
Email address |
Instructions not specified |
Date of birth |
Instructions not specified |
Country of residence |
Enter the primary country of residence for the person. It can be the same or different from the country entered in the address section. |
† Occupation |
Refer to Occupation/business fields under "Standardized field instructions". |
Name of employer |
Same instructions (Occupation/business fields) |
Identification information of the third party requester (person on whose behalf the disbursement was requested)
Fields | Instructions |
---|---|
Identifier type |
Refer to Identification fields under "Standardized field instructions". |
† If "Other," please specify |
Same instructions (Identification fields) |
Number associated with identifier type |
Same instructions (Identification fields) |
Jurisdiction of issue (country) |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (code) |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (name) |
Same instructions (Identification fields) |
Relationship of the third party requester (person named above) to the person or entity requesting the disbursement
Fields | Instructions |
---|---|
† Relationship |
Select the relationship of the "on behalf of" party to the person or entity requesting the disbursement. The "on behalf of" party is understood to be the person or entity that instructs the person or entity requesting the disbursement. |
† If "Other," please specify |
Provide the relationship type if it is not in the table. |
Information about the third party requester (entity on whose behalf the disbursement was requested)
If the disbursement was requested on behalf of another entity, you must include the relevant information.
Fields | Instructions |
---|---|
† Name of entity |
Refer to Identification fields under "Standardized field instructions". |
Client number |
A unique identifying number assigned by the casino to the entity requesting the disbursement. |
Apt/Room/Suite/Unit number |
Refer to Address fields under "Standardized field instructions". |
House/Building number |
Same instructions (Address fields) |
† Street address |
Same instructions (Address fields) |
† City |
Same instructions (Address fields) |
District |
Same instructions (Address fields) |
† Country |
Same instructions (Address fields) |
† Province or state (code) |
Same instructions (Address fields) |
† Province or state (name) |
Same instructions (Address fields) |
Sub-province and/or sub-locality |
Same instructions (Address fields) |
Postal or zip code |
Same instructions (Address fields) |
Unstructured address details |
Refer to Unstructured address field under "Standardized field instructions". |
Telephone number |
Refer to Telephone number fields under "Standardized field instructions". |
Extension |
Same instructions (Telephone number fields) |
Email address |
Instructions not specified |
† Nature of the entity’s principal business |
Refer to Occupation/business fields under "Standardized field instructions". |
‡ Do you have incorporation or registration information? |
Instructions not specified |
† Incorporated or registered? |
Select the type of entity requesting the disbursement (registered, incorporated, both, or unknown). |
Incorporation information of the third party requester (entity on whose behalf the disbursement was requested)
Fields | Instructions |
---|---|
† Incorporation number |
Provide the incorporation number of the entity. |
† Jurisdiction of issue (country) of incorporation |
Refer to Identification fields under "Standardized field instructions". |
† Jurisdiction of issue (province or state) (code) of incorporation |
Same instructions (Identification fields) |
† Jurisdiction of issue (province or state) (name) of incorporation |
Same instructions (Identification fields) |
Registration information of the third party requester (entity on whose behalf the disbursement was requested)
Fields | Instructions |
---|---|
† Registration number |
Provide the registration number of the entity. |
† Jurisdiction of issue (country) of registration |
Refer to Identification fields under "Standardized field instructions". |
† Jurisdiction of issue (province or state) (code) of registration |
Same instructions (Identification fields) |
† Jurisdiction of issue (province or state) (name) of registration |
Same instructions (Identification fields) |
Identification of the third party requester (entity on whose behalf the disbursement was requested)
Fields | Instructions |
---|---|
Identifier type |
Refer to Identification fields under "Standardized field instructions". |
† If "Other," please specify |
Same instructions (Identification fields) |
Number associated with identifier type |
Same instructions (Identification fields) |
Jurisdiction of issue (country) |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (code) |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (name) |
Same instructions (Identification fields) |
Person authorized to bind the third party requester (entity) or act with respect to the account (maximum 3)
Fields | Instructions |
---|---|
Surname |
Refer to Name fields under "Standardized field instructions". |
Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
Relationship of the third party requester (entity named above) to the person or entity requesting the disbursement
Fields | Instructions |
---|---|
† Relationship |
Select the relationship of the "on behalf of" party to the person or entity requesting the disbursement. The "on behalf of" party is understood to be the person or entity that instructs the person or entity requesting the disbursement. |
† If "Other," please specify |
Provide the relationship type if it is not in the table. |
Completing action
Information about the disbursement
Provide information about how the disbursement was completed.
Fields | Instructions |
---|---|
* Type of disbursement |
This describes how the disbursement was paid out. For example, some methods include:
|
† If "Other," please specify |
Provide a brief description of the method of disbursement if it is not specified in the table. |
† Amount |
Enter the total amount of funds involved in the starting action. If this amount was not in Canadian dollars, do not convert it to CAD, but provide the currency type in the next field. |
† Currency code |
Enter the currency code of the completing action, including if it was in Canadian dollars. If the currency type is not in the list provided, you must select "Other" and provide the full name of the currency. |
† Value in CAD of disbursement if not in funds |
Enter the value in CAD if the disbursement was not conducted using funds (for example, jewelry). |
Account/reference information – completing action
Fields | Instructions |
---|---|
‡ Account information type |
Select the account or reference number type, whether it is:
Note:
|
Casino account information – completing action
(This section is active when the "Account information type" is "Casino account")
Fields | Instructions |
---|---|
† Casino account type |
Select the type of casino account used in the disbursement:
|
† If "Other," please specify |
Provide a description of the account type used. |
† Account number |
Provide the account number for the casino account or other account type. |
† Account currency code |
Enter the currency code of the account, including if it was in Canadian dollars. If the currency type is not in the list provided, you must select "Other" and provide the full name of the currency. |
Date account opened |
Provide the date the account was opened. |
Address of casino where account is held
Fields | Instructions |
---|---|
† Casino identifier number where the account is held |
Provide the unique number assigned by FINTRAC designated for the casino. |
Apt/Room/Suite/Unit number |
Refer to Address fields under "Standardized field instructions". |
House/Building number |
Same instructions (Address fields) |
† Street address |
Same instructions (Address fields) |
† City |
Same instructions (Address fields) |
District |
Same instructions (Address fields) |
† Country |
Same instructions (Address fields) |
† Province or state (code) |
Same instructions (Address fields) |
† Province or state (name) |
Same instructions (Address fields) |
Sub-province and/or sub-locality |
Same instructions (Address fields) |
Postal or zip code |
Same instructions (Address fields) |
Casino account holder – person
Provide the information you have on 1 or multiple persons specified as account holders specific to the casino account.
Fields | Instructions |
---|---|
† Surname |
Refer to Name fields under "Standardized field instructions". |
† Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
Casino account holder – entity
Provide the information you have on 1 or multiple entities specified as account holders specific to the casino account.
Fields | Instructions |
---|---|
† Name of entity |
Refer to Name fields under "Standardized field instructions". |
Financial institution account information – completing action
(This section is active when the "Account information type" is "financial institution account")
Field | Instructions |
---|---|
† Account type |
Instructions not specified |
† If "Other", please specify |
Instructions not specified |
† Financial institution number |
Instructions not specified |
† Branch number |
Instructions not specified |
† Account number |
If the disbursement involves an account at a financial entity, securities dealer or casino (account-based reporting entities), provide that account number. |
† Account currency code |
Instructions not specified |
Date account opened |
Instructions not specified |
Financial institution account holder – person
Fields | Instructions |
---|---|
† Surname |
Refer to Name fields under "Standardized field instructions". |
† Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
Financial institution account holder – entity
Fields | Instructions |
---|---|
† Name of entity |
Refer to Name fields under "Standardized field instructions". |
Reference information – completing action
(This section is active when the "Account information type" is "Non-account based (Reference number)")
Fields | Instructions |
---|---|
† Reference number |
If the disbursement involved a reference number, provide it in this field. If the disbursement involves an account at a financial entity, securities dealer or casino (account-based reporting entity), do not provide the account number information in this field—instead, provide that information in the account number field. For all other reporting entities, if you have an internal account number that is used as a reference number, then provide the internal account number in this field. |
Other number related to reference number |
Provide any other number related to the reference number as applicable. |
Involved in the completing action
Fields | Instructions |
---|---|
‡ Was there any other person or entity involved in the disbursement? |
Instructions not specified |
Person involved in the disbursement
If you have information about other persons involved in the completing action, you must include it.
Note: These persons cannot be:
- the requester
- the third party requester (on behalf of requester party)
- the receiver
- the third party receiver (on behalf of receiver party)
Other person involved in the completing action
† Surname | Refer to Name fields under "Standardized field instructions". |
† Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
† Account number |
Provide the account number of the person involved in the completing action. It is acceptable to include the financial institution number and branch number as part of an account number. |
† Policy number |
Instructions not specified |
† Identifying number |
Instructions not specified |
Other entity involved in the completing action
† Name of entity | Refer to Name fields under "Standardized field instructions". |
† Account number |
Provide the account number of the entity involved in the completing action. It is acceptable to include the financial institution number and branch number as part of an account number. |
† Policy number |
Instructions not specified |
† Identifying number |
Instructions not specified |
Information about the person receiving the disbursement
Fields | Instructions |
---|---|
† Surname |
Refer to Name fields under "Standardized field instructions". |
† Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
Alias |
Same instructions (Name fields) |
Client number |
A unique identifying number assigned by the casino to the person receiving the disbursement. |
Apt/Room/Suite/Unit number |
Refer to Address fields under "Standardized field instructions". |
House/Building number |
Same instructions (Address fields) |
† Street address |
Same instructions (Address fields) |
† City |
Same instructions (Address fields) |
District |
Same instructions (Address fields) |
† Country |
Same instructions (Address fields) |
† Province or state (code) |
Same instructions (Address fields) |
† Province or state (name) |
Same instructions (Address fields) |
Sub-province and/or sub-locality |
Same instructions (Address fields) |
Postal or zip code |
Same instructions (Address fields) |
Unstructured address details |
Refer to Unstructured address field under "Standardized field instructions". |
Telephone number |
Refer to Telephone number fields under "Standardized field instructions". |
Extension |
Same instructions (Telephone number fields) |
Email address |
Instructions not specified |
Online user name |
Instructions not specified |
† Date of birth |
Instructions not specified |
Country of residence |
Enter the primary country of residence for the person. It can be the same or different from the country entered in the address section. |
† Occupation |
Refer to Occupation/business fields under "Standardized field instructions". |
Name of employer |
Same instructions (Occupation/business fields) |
Identification information of the person receiving the disbursement
Fields | Instructions |
---|---|
Identifier type |
Refer to Identification fields under "Standardized field instructions". |
† If "Other," please specify |
Same instructions (Identification fields) |
Number associated with identifier type |
Same instructions (Identification fields) |
Jurisdiction of issue (country) |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (code) |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (name) |
Same instructions (Identification fields) |
Relationship of the receiver (person named above) to the person or entity requesting the disbursement
Fields | Instructions |
---|---|
† Relationship |
Select the relationship of the person receiving the disbursement to the person or entity requesting the disbursement. |
† If "Other," please specify |
Instructions not specified |
Relationship of the receiver (person named above) to the person or entity on whose behalf the disbursement was requested
Fields | Instructions |
---|---|
Relationship |
Select the relationship of the person receiving the disbursement to the person or entity on whose behalf the disbursement is requested . |
† If "Other," please specify |
Instructions not specified |
Information about the entity receiving the disbursement
Fields | Instructions |
---|---|
† Name of entity |
Refer to Identification fields under "Standardized field instructions". |
Client number |
Instructions not specified |
Apartment/Room/Suite/Unit number |
Refer to Address fields under "Standardized field instructions". |
House/Building number |
Same instructions (Address fields) |
† Street address |
Same instructions (Address fields) |
† City |
Same instructions (Address fields) |
District |
Same instructions (Address fields) |
† Country |
Same instructions (Address fields) |
† Province or state (code) |
Same instructions (Address fields) |
† Province or state (name) |
Same instructions (Address fields) |
Sub-province and/or sub-locality |
Same instructions (Address fields) |
Postal or zip code |
Same instructions (Address fields) |
Unstructured address details |
Refer to Unstructured address field under "Standardized field instructions". |
Telephone number |
Refer to Telephone number fields under "Standardized field instructions". |
Extension |
Same instructions (Telephone number fields) |
Email address |
Instructions not specified |
Online user name |
Instructions not specified |
Nature of entity’s principal business |
Refer to Occupation/business fields under "Standardized field instructions". |
‡ Do you have incorporation or registration information? |
Instructions not specified |
Incorporated or registered? |
Instructions not specified |
Incorporation of the entity
Fields | Instructions |
---|---|
Incorporation number |
Refer to Identification fields under "Standardized field instructions". |
Jurisdiction of issue (country) of incorporation |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (code) of incorporation |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (name) of incorporation |
Same instructions (Identification fields) |
Registration information of the entity receiver
Fields | Instructions |
---|---|
Registration number |
Refer to Identification fields under "Standardized field instructions". |
Jurisdiction of issue (country) of registration |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (code) of registration |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (name) of registration |
Same instructions (Identification fields) |
Identification information of the entity receiver
Fields | Instructions |
---|---|
Identifier type |
Refer to Identification fields under "Standardized field instructions". |
† If "Other," please specify |
Same instructions (Identification fields) |
Number associated with identifier type |
Same instructions (Identification fields) |
Jurisdiction of issue (country) |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (code) |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (name) |
Same instructions (Identification fields) |
Person authorized to bind the receiver (entity) or act with respect to the account (maximum 3)
Fields | Instructions |
---|---|
Surname |
Refer to Name fields under "Standardized field instructions". |
Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
Relationship of the receiver (entity named above) to the person or entity requesting the disbursement
Fields | Instructions |
---|---|
† Relationship |
Select the relationship of the entity receiving the disbursement to the person or entity requesting the disbursement. |
† If "Other," please specify |
Instructions not specified |
Relationship of the receiver (entity named above) to the person or entity on whose behalf the disbursement is requested
Fields | Instructions |
---|---|
Relationship |
Select the relationship of the entity receiving the disbursement to the person or entity on whose behalf the disbursement is requested . |
† If "Other," please specify |
Instructions not specified |
On behalf of receiver indicator
Fields | Instructions |
---|---|
‡ Was this disbursement received on behalf of another person or entity? |
This field is a "Yes/No" question. Select "Yes" if the disbursement was received on behalf of another person or entity. The "on behalf of" party is also known as the third party. |
Information about the third party receiver (person on whose behalf the disbursement was received)
Fields | Instructions |
---|---|
† Surname |
Refer to Name fields under "Standardized field instructions". |
† Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
Alias |
Same instructions (Name fields) |
Client number |
A unique identifying number assigned by the casino to the person conducting the disbursement. |
Apt/Room/Suite/Unit number |
Refer to Address fields under "Standardized field instructions". |
House/Building number |
Same instructions (Address fields) |
† Street address |
Same instructions (Address fields) |
† City |
Same instructions (Address fields) |
District |
Same instructions (Address fields) |
† Country |
Same instructions (Address fields) |
† Province or state (code) |
Same instructions (Address fields) |
† Province or state (name) |
Same instructions (Address fields) |
Sub-province and/or sub-locality |
Same instructions (Address fields) |
Postal or zip code |
Same instructions (Address fields) |
Unstructured address details |
Refer to Unstructured address field under "Standardized field instructions". |
Telephone number |
Refer to Telephone number fields under "Standardized field instructions". |
Extension |
Same instructions (Telephone number fields) |
Email address |
Instructions not specified |
Online user name |
Instructions not specified |
Date of birth |
Instructions not specified |
Country of residence |
Enter the primary country of residence for the person. It can be the same or different from the country entered in the address section. |
Occupation |
Refer to Occupation/business fields under "Standardized field instructions". |
Name of employer |
Same instructions (Occupation/business fields) |
Identification information of the third party receiver (person on whose behalf the disbursement was received)
Fields | Instructions |
---|---|
Identifier type |
Refer to Identification fields under "Standardized field instructions". |
† If "Other," please specify |
Same instructions (Identification fields) |
Number associated with identifier type |
Same instructions (Identification fields) |
Jurisdiction of issue (country) |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (code) |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (name) |
Same instructions (Identification fields) |
Relationship of the third party receiver (person named above) to the person or entity receiving the disbursement
Fields | Instructions |
---|---|
† Relationship |
Select the relationship of the person receiving the disbursement to the person or entity receiving the disbursement . |
† If "Other," please specify |
Instructions not specified |
Relationship of the third party receiver (person named above) to the person or entity requesting the disbursement
Fields | Instructions |
---|---|
Relationship |
Select the relationship of the person receiving the disbursement to the person or entity requesting the disbursement. |
† If "Other," please specify |
Instructions not specified |
Information about the third party receiver (entity on whose behalf the disbursement was received)
Fields | Instructions |
---|---|
† Name of entity |
Refer to Identification fields under "Standardized field instructions". |
Client number |
Instructions not specified |
Apartment/Room/Suite/Unit number |
Refer to Address fields under "Standardized field instructions". |
House/Building number |
Same instructions (Address fields) |
† Street address |
Same instructions (Address fields) |
† City |
Same instructions (Address fields) |
District |
Same instructions (Address fields) |
† Country |
Same instructions (Address fields) |
† Province or state (code) |
Same instructions (Address fields) |
† Province or state (name) |
Same instructions (Address fields) |
Sub-province and/or sub-locality |
Same instructions (Address fields) |
Postal or zip code |
Same instructions (Address fields) |
Unstructured address details |
Refer to Unstructured address field under "Standardized field instructions". |
Telephone number |
Refer to Telephone number fields under "Standardized field instructions". |
Extension |
Same instructions (Telephone number fields) |
Email address |
Instructions not specified |
Online user name |
Instructions not specified |
Nature of entity’s principal business |
Refer to Occupation/business fields under "Standardized field instructions". |
‡ Do you have incorporation or registration information? |
Instructions not specified |
Incorporated or registered? |
Instructions not specified |
Incorporation information of the third party receiver (entity on whose behalf the disbursement was received)
Fields | Instructions |
---|---|
Incorporation number |
Refer to Identification fields under "Standardized field instructions". |
Jurisdiction of issue (country) of incorporation |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (code) of incorporation |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (name) of incorporation |
Same instructions (Identification fields) |
Registration information of the third party receiver (entity on whose behalf the disbursement was received)
Fields | Instructions |
---|---|
Registration number |
Refer to Identification fields under "Standardized field instructions". |
Jurisdiction of issue (country) of registration |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (code) of registration |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (name) of registration |
Same instructions (Identification fields) |
Identification information of the third party receiver (entity on whose behalf the disbursement was received)
Fields | Instructions |
---|---|
Identifier type |
Refer to Identification fields under "Standardized field instructions". |
† If "Other," please specify |
Same instructions (Identification fields) |
Number associated with identifier type |
Same instructions (Identification fields) |
Jurisdiction of issue (country) |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (code) |
Same instructions (Identification fields) |
Jurisdiction of issue (province or state) (name) |
Same instructions (Identification fields) |
Person authorized to bind the entity or act with respect to the account
Fields | Instructions |
---|---|
Surname |
Refer to Name fields under "Standardized field instructions". |
Given name |
Same instructions (Name fields) |
Other/Initial |
Same instructions (Name fields) |
Relationship of the third party receiver (entity named above) to the person or entity receiving the disbursement
Fields | Instructions |
---|---|
† Relationship |
Select the relationship of the entity on whose behalf the disbursement is being received to the person or entity receiving the disbursement. |
† If "Other," please specify |
Instructions not specified |
Relationship of the third party receiver (entity named above) to the person or entity requesting the disbursement
Fields | Instructions |
---|---|
Relationship |
Select the relationship of the entity receiving the disbursement to the person or entity requesting the disbursement. |
† If "Other," please specify |
Instructions not specified |
Annex B: Scenarios
The examples and scenarios used in this guidance are intended to help explain your reporting requirements. The following scenarios demonstrate form completion and the expected field information in a Casino Disbursement Report based on the client’s instructions and disbursement(s) in each scenario.
Note about these scenarios
- All details described in these examples and scenarios such as names of persons, names of entities, addresses, phone numbers and email addresses are solely fictitious.
- Not all fields of the Casino Disbursement Report form are displayed. Only fields with completed information are displayed.
- Because some fields are mandatory and some are not, it has been assumed that the reporting entity had the information if a field has been completed.
Field categories | Instructions |
---|---|
Mandatory |
These fields are indicated with an asterisk symbol (*) and must be completed. |
Mandatory for processing |
These fields are indicated with a double dagger symbol (‡) and must be completed. |
Mandatory if applicable |
These fields are indicated with a dagger symbol (†) and must be completed if they are applicable to you or the disbursement being reported. |
In this annex
Scenario B.1: Casino account withdrawal for payout in cash
- Benny Brown, requests to withdraw $11,000 from his casino front money account at Big Money Casino.
- In exchange, he receives $11,000 in cash.
Expected field information in the report
General information – Scenario B.1
Fields |
Information provided by Big Money Casino |
* Reporting entity number |
1234567 |
‡ Reporting entity report reference number |
CDR15137-2168517 |
Whom can FINTRAC contact about this report? |
Information about the person at Big Money Casino that FINTRAC can liaise with in the event that a follow up is required |
‡ 24-hour aggregation type |
Not applicable |
‡ 24-hour period start date and time |
2024-10-29T00:00:00±ZZ:ZZ |
‡ 24-hour period end date and time |
2024-10-29T23:59:59±ZZ:ZZ |
Disbursement information – Scenario B.1
Fields | Information provided for disbursement 1 |
---|---|
* Date of disbursement |
2024-10-29 |
* Time of disbursement |
22:10:55±ZZ:ZZ |
*Method of disbursement |
In person |
‡ Threshold indicator |
Above threshold |
‡ Reporting entity transaction reference number |
CDR20241031-093 |
Fields | Information provided for disbursement 1 |
---|---|
*Reporting entity location number |
567 |
† Street address |
22 Bank Street |
† City |
Ottawa |
† Country |
Canada |
† Province or state code |
ON |
Postal or zip code |
K2S 9P9 |
Starting action – Scenario B.1
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
*Reason of disbursement |
Front cash withdrawal |
† Amount |
11,000 |
† Currency code |
CAD |
Account information type |
Casino account |
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
†Casino account type |
Front cash |
† Account number |
98765 |
† Account currency code |
CAD |
Date account opened |
2022-06-11 |
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
†Casino identifier number where the account is held |
456123 |
Apt/Room/Suite/Unit number |
1200 |
House/Building number |
35 |
† Street address |
Summer Street |
† City |
Toronto |
† Country |
Canada |
† Province or state code |
ON |
Postal or zip code |
L2A 7T7 |
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
†Surname |
Brown |
† Given name |
Benny |
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
† Surname |
Brown |
† Given name |
Benny |
Client number |
987654 |
House/Building number |
22 |
† Street address |
Nation Street |
† City |
Ottawa |
† Country |
Canada |
† Province or state (code) |
ON |
Postal or zip code |
K2S 1Q1 |
Telephone number |
613-987-6543 |
Email address |
lastx@domain.com |
† Date of birth |
2000-01-01 |
Country of residence |
Canada |
† Occupation |
Project manager |
Name of employer |
Company A |
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
† Identifier type |
Passport |
† Number associated with identifier type |
AA12345678 |
† Jurisdiction of issue (country) |
Canada |
† Jurisdiction of issue (province or state) (code) |
ON |
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
‡Was this disbursement requested on behalf of another person or entity? |
No |
Completing action – Scenario B.1
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
* Type of disbursement |
Paid out in cash |
† Amount |
11,000 |
† Currency code |
CAD |
‡ Account information type |
Not applicable |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
‡Was there any other person or entity involved in the disbursement? |
No |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
† Surname |
Brown |
† Given name |
Benny |
Client number |
987654 |
House/Building number |
22 |
† Street address |
Nation Street |
† City |
Ottawa |
† Country |
Canada |
† Province or state (code) |
ON |
Postal or zip code |
K2S 1Q1 |
Telephone number |
613-987-6543 |
Online user name |
lastx@domain.com |
† Date of birth |
2000-01-01 |
Country of residence |
Canada |
Occupation |
Project manager |
Name of employer |
Company A |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
Identifier type |
Passport |
Number associated with identifier type |
AA12345678 |
Jurisdiction of issue (country) |
Canada |
Jurisdiction of issue (province or state) (code) |
ON |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
† Relationship |
Self |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
‡Was this disbursement received on behalf of another person or entity? |
No |
Infographic summarizing scenario B.1
View text equivalent for the infographic summarizing scenario B.1
- Benny Brown, requests to withdraw $11,000 from his casino front money account at Big Money Casino.
- In exchange, he receives $11,000 in cash.
Scenario B.2: Redemption of chips on behalf of another party
- Poppy Red redeems casino chips for $25,000 on behalf of Robert Red.
- In exchange, Poppy receives a cheque for $25,000, payable to Robert Red.
Expected field information in the report
General information – Scenario B.2
Fields | Information provided by Big Money Casino |
---|---|
* Reporting entity number |
1234567 |
‡Reporting entity report reference number |
CDR15137-2168517 |
Whom can FINTRAC contact about this report? |
Information about the person at Big Money Casino that FINTRAC can liaise with in the event that a follow up is required |
‡ 24-hour aggregation type |
Not applicable |
‡ 24-hour period start date and time |
2024-10-29T00:00:00±ZZ:ZZ |
‡ 24-hour period end date and time |
2024-10-29T23:59:59±ZZ:ZZ |
Disbursement information – Scenario B.2
Fields | Information provided for disbursement 1 |
---|---|
*Date of disbursement |
2024-10-29 |
*Time of disbursement |
12:10:55±ZZ:ZZ |
*Method of disbursement |
In person |
‡ Threshold indicator |
Above threshold |
‡ Reporting entity transaction reference number |
CDR20241031-093 |
Fields | Information provided for disbursement 1 |
---|---|
*Reporting entity location number |
567 |
† Street address |
22 Bank Street |
† City |
Ottawa |
† Country |
Canada |
† Province or state (code) |
ON |
Postal or zip code |
K2S 9P9 |
Starting action – Scenario B.2
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
*Reason of disbursement |
Redemption – chips or tokens |
† Amount |
25,000 |
† Currency code |
CAD |
‡ Account information type |
Not applicable |
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
† Surname |
Red |
† Given name |
Poppy |
Apartment number |
800 |
House/Building number |
22 |
† Street address |
Nation Street |
† City |
Ottawa |
† Country |
Canada |
† Province or state (code) |
ON |
Postal or zip code |
K2S 1Q1 |
Telephone number |
613-987-6543 |
Email address |
lastx@pwc.com |
† Date of birth |
2000-01-01 |
Country of residence |
Canada |
† Occupation |
Accountant |
Name of employer |
Accounting A |
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
† Identifier type |
Passport |
† Number associated with identifier type |
AA121381327 |
† Jurisdiction of issue (country) |
Canada |
† Jurisdiction of issue (province or state) (code) |
ON |
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
‡ Was this disbursement requested on behalf of another person or entity? |
Yes |
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
† Surname |
Red |
† Given name |
Robert |
Client number |
34643 |
House/Building number |
77 |
† Street address |
Morning Street |
† City |
Toronto |
† Country |
Canada |
† Province or state (code) |
ON |
Postal or zip code |
L9S 1W1 |
Telephone number |
647-900-8877 |
Email address |
Robby.reddy@domain.com |
Date of birth |
1982-09-11 |
Country of residence |
Manager |
† Occupation |
Accountant |
Name of employer |
Accounting B |
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
Identifier type |
Driver’s licence |
Number associated with identifier type |
34456-45676-245 |
Jurisdiction of issue (country) |
Canada |
Jurisdiction of issue (province or state) (code) |
ON |
Fields | Information provided for starting action 1 of disbursement 1 |
---|---|
† Relationship |
Relative |
Completing action – Scenario B.2
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
* Type of disbursement |
Issued a cheque |
† Amount |
25,000 |
† Currency code |
CAD |
‡ Account information type |
Not applicable |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
‡ Was there any other person or entity involved in the disbursement? |
No |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
† Surname |
Red |
† Given name |
Poppy |
Client number |
987654 |
Apt/Room/Suite/Unit number |
800 |
House/Building number |
22 |
† Street address |
Nation Street |
† City |
Ottawa |
† Country |
Canada |
† Province or state (code) |
ON |
Postal or zip code |
K2S 1Q1 |
Telephone number |
613-987-6543 |
Email address |
lastx@pwc.com |
† Date of birth |
2000-01-01 |
Country of residence |
Canada |
Occupation |
Accountant |
Name of employer |
Accounting A |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
Identifier type |
Passport |
Number associated with identifier type |
AA121381327 |
Jurisdiction of issue (country) |
Canada |
Jurisdiction of issue (province or state) (code) |
ON |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
† Relationship |
Self |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
Relationship |
Relative |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
‡ Was this disbursement received on behalf of another person or entity? |
Yes |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
† Surname |
Red |
† Given name |
Robert |
Client number |
34643 |
House/Building number |
77 |
† Street address |
Morning Street |
† City |
Toronto |
† Country |
Canada |
† Province or state (code) |
ON |
Postal or zip code |
L9S 1W1 |
Telephone number |
647-900-8877 |
Email address |
Robby.reddy@domain.com |
Date of birth |
1982-09-11 |
Country of residence |
Canada |
Occupation |
Manager |
Name of employer |
Accounting B |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
Identifier type |
Driver’s licence |
Number associated with identifier type |
34456-45676-245 |
Jurisdiction of issue (country) |
Canada |
Jurisdiction of issue (province or state) (code) |
ON |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
† Relationship |
Relative |
Fields | Information provided for completing action 1 of disbursement 1 |
---|---|
Relationship |
Relative |
Infographic summarizing scenario B.2
View text equivalent for the infographic summarizing scenario B.2
- Poppy Red redeems casino chips for $25,000 on behalf of Robert Red.
- In exchange, Poppy receives a cheque for $25,000, payable to Robert Red.
Scenario B.3: Multiple disbursements
- Tuesday at 11 pm, Madeline Green withdraws $20,000 from her casino front money account at Big Money Casino. In exchange, she requests that the $20,000 be sent to her account at Big Money Casino’s sister location Huge Coin Casino.
- Wednesday at 9 pm, Madeline Green logs into her online account with Big Money Casino and submits a request to transfer $4,000 from her casino account to her bank account.
Expected field information in the report
General information – Scenario B.3
Fields | Information provided by Big Money Casino |
---|---|
* Reporting entity number |
1234567 |
‡ Reporting entity report reference number |
CDR15137-2168517 |
Whom can FINTRAC contact about this report |
Information about the person at Big Money Casino that FINTRAC can liaise with in the event that a follow up is required |
‡ 24-hour aggregation type |
Not applicable |
‡ 24-hour period start date and time |
2024-10-29T22:00:00±ZZ:ZZ |
‡ 24-hour period end date and time |
2024-10-30T21:59:59±ZZ:ZZ |
Disbursement information – Scenario B.3
Fields | Information provided for disbursement 1 | Information provided for disbursement 2 |
---|---|---|
*Date of disbursement |
2024-10-29 |
2024-10-30 |
*Time of disbursement |
22:59:50±ZZ:ZZ |
21:00:00±ZZ:ZZ |
*Method of disbursement |
In person |
Online |
‡ Threshold indicator |
Above threshold |
Below Threshold |
‡ Reporting entity transaction reference number |
CDR20241031-093 |
CDR20241031-099 |
Fields | Information provided for disbursement 1 | Information provided for disbursement 2 |
---|---|---|
*Reporting entity location number |
567 |
567 |
† Street address |
22 Bank Street |
22 Bank Street |
† City |
Ottawa |
Ottawa |
† Country |
Canada |
Canada |
† Province or state (code) |
ON |
ON |
Postal or zip code |
K2S 9P9 |
K2S 9P9 |
Starting action – Scenario B.3
Fields | Information provided for starting action 1 of disbursement 1 | Information provided for starting action 1 of disbursement 2 |
---|---|---|
*Reason of disbursement |
Casino account withdrawal |
Casino account withdrawal |
† Amount |
20,000 |
4,000 |
† Currency code |
CAD |
CAD |
‡ Account information type |
Casino account |
Casino account |
Fields | Information provided for starting action 1 of disbursement 1 | Information provided for starting action 1 of disbursement 2 |
---|---|---|
†Casino account type |
Front cash |
Front cash |
† Account number |
98765 |
78765 |
† Account currency code |
CAD |
CAD |
Date account opened |
2022-06-11 |
2023-07-11 |
Fields | Information provided for starting action 1 of disbursement 1 | Information provided for starting action 1 of disbursement 2 |
---|---|---|
†Casino identifier number where the account is held |
456123 |
456123 |
Apt/Room/Suite/Unit number |
1200 |
1200 |
House/Building number |
35 |
35 |
† Street address |
Summer Street |
Summer Street |
† City |
Toronto |
Toronto |
† Country |
Canada |
Canada |
† Province or state (code) |
ON |
ON |
Postal or zip code |
L2A 7T7 |
L2A 7T7 |
Fields | Information provided for starting action 1 of disbursement 1 | Information provided for starting action 1 of disbursement 2 |
---|---|---|
†Surname |
Green |
Green |
† Given name |
Madeline |
Madeline |
Fields | Information provided for starting action 1 of disbursement 1 | Information provided for starting action 1 of disbursement 2 |
---|---|---|
† Surname |
Green |
Green |
† Given name |
Madeline |
Madeline |
Apt/Room/Suite/Unit number |
800 |
800 |
House/Building number |
22 |
22 |
† Street address |
Nation Street |
Nation Street |
† City |
Ottawa |
Ottawa |
† Country |
Canada |
Canada |
† Province or state (code) |
ON |
ON |
Postal or zip code |
K2S 1Q1 |
K2S 1Q1 |
Telephone number |
613-987-6543 |
613-987-6543 |
Email address |
Green@domain.com |
Green@domain.com |
† Date of birth |
2000-01-01 |
2000-01-01 |
Country of residence |
Canada |
Canada |
† Occupation |
Accountant |
Accountant |
Name of employer |
Company A |
Company A |
Fields | Information provided for starting action 1 of disbursement 1 | Information provided for starting action 1 of disbursement 2 |
---|---|---|
† Identifier type |
Passport |
Passport |
† Number associated with identifier type |
AA121381327 |
AA121381327 |
† Jurisdiction of issue (country) |
Canada |
Canada |
† Jurisdiction of issue (province or state) (code) |
ON |
ON |
Fields | Information provided for starting action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
Type of device used |
Mobile phone |
Username |
Mad.D.Green |
Device identifier number |
ABC59599 |
Internet protocol address |
222.888.333 |
Date/time of online session in which request was made |
2023-10-30 |
Fields | Information provided for starting action 1 of disbursement 1 | Information provided for starting action 1 of disbursement 2 |
---|---|---|
‡Was this disbursement requested on behalf of another person or entity? |
No |
No |
Completing action – Scenario B.3
Fields | Information provided for completing action 1 of disbursement 1 | Information provided for completing action 1 of disbursement 2 |
---|---|---|
* Type of disbursement |
Transferred to another casino |
Deposited to an account at a financial institution |
†Amount |
20,000 |
4,000 |
†Currency code |
CAD |
CAD |
‡ Account information type |
Casino account |
Financial institution account |
Fields | Information provided for completing action 1 of disbursement 1 (does not apply to disbursement 2) |
---|---|
†Casino account type |
Front cash |
† Account number |
78765 |
† Account currency code |
CAD |
Date account opened |
2023-07-11 |
Fields | Information provided for completing action 1 of disbursement 1 (does not apply to disbursement 2) |
---|---|
†Casino identifier number where the account is held |
956127 |
Apt/Room/Suite/Unit number |
1000 |
House/building number |
15 |
† Street address |
Front Street |
† City |
Toronto |
† Country |
Canada |
†Province or state code |
ON |
Postal or zip code |
L2A 7T8 |
Fields | Information provided for completing action 1 of disbursement 1 (does not apply to disbursement 2) |
---|---|
†Surname |
Green |
† Given name |
Madeline |
Fields | Information provided for completing action 1 of disbursement 1 (does not apply to disbursement 2) |
---|---|
† Account type |
Personal |
† Financial institution number |
10 |
† Branch number |
231667 |
† Account number |
9876543 |
† Account currency code |
CAD |
Date account opened |
2000-21-03 |
Fields | Information provided for completing action 1 of disbursement 1 (does not apply to disbursement 2) |
---|---|
†Surname |
Green |
† Given name |
Madeline |
Fields | Information provided for completing action 1 of disbursement 1 | Information provided for completing action 1 of disbursement 2 |
---|---|---|
‡ Was there any other person or entity involved in the disbursement? |
No |
No |
Fields | Information provided for completing action 1 of disbursement 1 | Information provided for completing action 1 of disbursement 2 |
---|---|---|
† Surname |
Green |
Green |
† Given name |
Madeline |
Madeline |
Apt/Room/Suite/Unit number |
800 |
800 |
House/Building number |
22 |
22 |
† Street address |
Nation Street |
Nation Street |
† City |
Ottawa |
Ottawa |
† Country |
Canada |
Canada |
† Province or state (code) |
ON |
ON |
Postal or zip code |
K2S 1Q1 |
K2S 1Q1 |
Telephone number |
613-987-6543 |
613-987-6543 |
Email address |
Green@domain.com |
Green@domain.com |
† Date of birth |
2000-01-01 |
2000-01-01 |
Country of residence |
Canada |
Canada |
Occupation |
Accountant |
Accountant |
Name of employer |
Company A |
Company A |
Fields | Information provided for completing action 1 of disbursement 1 | Information provided for completing action 1 of disbursement 2 |
---|---|---|
Identifier type |
Passport |
Passport |
Number associated with identifier type |
AA121381327 |
AA121381327 |
Jurisdiction of issue (country) |
Canada |
Canada |
Jurisdiction of issue (province or state) (code) |
ON |
ON |
Fields | Information provided for completing action 1 of disbursement 1 | Information provided for completing action 1 of disbursement 2 |
---|---|---|
† Relationship |
Self |
Self |
Fields | Information provided for completing action 1 of disbursement 1 | Information provided for completing action 1 of disbursement 2 |
---|---|---|
† Relationship |
Self |
Self |
Fields | Information provided for completing action 1 of disbursement 1 | Information provided for completing action 1 of disbursement 2 |
---|---|---|
‡ Was this disbursement received on behalf of another person or entity? |
No |
No |
Infographic summarizing scenario B.3
View text equivalent for the infographic summarizing scenario B.3
- Tuesday at 11 pm, Madeline Green withdraws $20,000 from her casino front money account at Big Money Casino. In exchange, she requests that the $20,000 be sent to her account at Big Money Casino's sister location Huge Coin Casino.
- Wednesday at 9 pm, Madeline Green logs into her online account with Big Money Casino and submits a request to transfer $4,000 from her casino account to her bank account.
Scenario B.4: Multiple disbursements
- Tuesday at 11 pm Sam Blue, accompanied by Yara Yellow, redeems $8000 in casino chips from Big Money Casino and receives $8000 in cash.
- Wednesday at 9 pm Sam Blue redeems $3000 in slot tickets at Big Money Casino’s sister casino, Huge Coin Casino, on behalf of Kitchen Supply Company Inc. In exchange, Sam Blue requests a domestic funds transfer to a business bank account held by Kitchen Supply Company inc.
Expected field information in the report
General information – Scenario B.4
Fields | Information provided by Big Money Casino |
---|---|
* Reporting entity number |
1234567 |
‡ Reporting entity report reference number |
CDR15137-2168517 |
Whom can FINTRAC contact about this report? |
Information about the person at Big Money Casino that FINTRAC can liaise with in the event that a follow up is required |
‡ 24 hour aggregation type |
Not applicable |
‡ 24-hour period start date and time |
2024-10-29T22:00:00±ZZ:ZZ |
‡ 24-hour period end date and time |
2024-10-30T21:59:59±ZZ:ZZ |
Disbursement information – Scenario B.4
Fields | Information provided for disbursement 1 | Information provided for disbursement 2 |
---|---|---|
*Date of disbursement |
2024-10-29 |
2024-10-30 |
*Time of disbursement |
22:59:50±ZZ:ZZ |
21:00:00±ZZ:ZZ |
*Method of disbursement |
In person |
In person |
‡ Threshold indicator |
Below threshold |
Below threshold |
‡ Reporting entity transaction reference number |
CDR20241031-093 |
CDR20241031-099 |
Fields | Information provided for disbursement 1 | Information provided for disbursement 2 |
---|---|---|
*Reporting entity location number |
567 |
561 |
† Street address |
22 Bank Street |
21 First Street |
† City |
Ottawa |
Ottawa |
† Country |
Canada |
Canada |
† Province or state (code) |
ON |
ON |
Postal of zip code |
K2S 9P9 |
K2S 9P8 |
Starting action – Scenario B.4
Fields | Information provided for starting action 1 of disbursement 1 | Information provided for starting action 1 of disbursement 2 |
---|---|---|
*Reason of disbursement |
Redemption of tokens |
Redemption of slot tickets |
† Amount |
8,000 |
3,000 |
† Currency code |
CAD |
CAD |
‡ Account information type |
Not applicable |
Not applicable |
Fields | Information provided for starting action 1 of disbursement 1 | Information provided for starting action 1 of disbursement 2 |
---|---|---|
† Surname |
Blue |
Blue |
† Given name |
Sam |
Sam |
Apt/Room/Suite/Unit number |
600 |
600 |
House/Building number |
22 |
22 |
† Street address |
Nation Street |
Nation Street |
† City |
Ottawa |
Ottawa |
† Country |
Canada |
Canada |
† Province or state (code) |
ON |
ON |
Postal or zip code |
K2S 1Q1 |
K2S 1Q1 |
Telephone number |
613-987-6543 |
613-987-6543 |
Email address |
Blue@domain.com |
Blue@domain.com |
† Date of birth |
1980-01-01 |
1980-01-01 |
Country of residence |
Canada |
Canada |
† Occupation |
Accountant |
Accountant |
Name of employer |
Company A |
Company A |
Fields | Information provided for starting action 1 of disbursement 1 | Information provided for starting action 1 of disbursement 2 |
---|---|---|
† Identifier type |
Passport |
Passport |
† Number associated with identifier type |
AA121381327 |
AA121381327 |
† Jurisdiction of issue (country) |
Canada |
Canada |
† Jurisdiction of issue (province or state) (code) |
ON |
ON |
Fields | Information provided for starting action 1 of disbursement 1 | Information provided for starting action 1 of disbursement 2 |
---|---|---|
‡Was this disbursement requested on behalf of another person or entity? |
No |
Yes |
Fields | Information provided for starting action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
† Name of entity |
Kitchen Supply Company Inc. |
House/Building number |
11 |
† Street address |
Yonge Street |
† City |
Toronto |
† Country |
Canada |
† Province or state (code) |
ON |
Postal or zip code |
L9S 1W1 |
Telephone number |
647-900-8877 |
Email address |
KitchenSupply@domain.com |
† Nature of entity’s principal business |
Kitchen supplies |
‡ Do you have incorporation or registration information? |
Yes |
† Incorporated or registered? |
Incorporated |
Fields | Information provided for starting action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
† Incorporation number |
875234 |
† Jurisdiction of issue (country) of incorporation |
Canada |
† Jurisdiction of issue (province or state) (code) of incorporation |
ON |
Fields | Information provided for starting action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
Identifier type |
Certificate of incorporation |
Number associated with identifier type |
A4567223 |
Jurisdiction of issue (country) |
Canada |
Jurisdiction of issue (province or state) (code) |
ON |
Fields | Information provided for starting action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
Surname |
Blue |
Given name |
Sam |
Fields | Information provided for starting action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
†Relationship |
Legal counsel |
Completing action – Scenario B.4
Fields | Information provided for completing action 1 of disbursement 1 | Information provided for completing action 1 of disbursement 2 |
---|---|---|
* Type of disbursement |
Paid out in cash |
Sent domestic funds transfer |
† Amount |
8,000 |
3,000 |
† Currency code |
CAD |
CAD |
‡ Account information type |
Not applicable |
Financial institution account |
Fields | Information provided for completing action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
† Account type |
Business |
† Financial institution number |
10 |
† Branch number |
231667 |
† Account number |
9876543 |
† Account currency code |
CAD |
Date account opened |
2000-03-21 |
Fields | Information provided for completing action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
†Name of entity |
Kitchen Supply Company |
Fields | Information provided for completing action1 of disbursement 1 | Information provided for completing action 1 of disbursement 2 |
---|---|---|
‡Was there any other person or entity involved in the disbursement? |
Yes |
No |
Fields | Information provided for completing action of disbursement 1 (does not apply to disbursement 2) |
---|---|
†Surname |
Yellow |
† Given name |
Yara |
† Account number |
435678 |
Fields | Information provided for completing action of disbursement 1 (does not apply to disbursement 2) |
---|---|
† Surname |
Blue |
† Given name |
Sam |
Apt/Room/Suite/Unit number |
600 |
House/Building number |
22 |
† Street address |
Nation Street |
† City |
Ottawa |
† Country |
Canada |
† Province or state (code) |
ON |
Postal or zip code |
K2S 1Q1 |
Telephone number |
613-987-6543 |
Email address |
Blue@domain.com |
† Date of birth |
1980-01-01 |
Country of residence |
Canada |
Occupation |
Accountant |
Name of employer |
Company A |
Fields | Information provided for completing action of disbursement 1 (does not apply to disbursement 2) |
---|---|
Identifier type |
Passport |
Number associated with identifier type |
AA121381327 |
Jurisdiction of issue (country) |
Canada |
Jurisdiction of issue (province or state) (code) |
ON |
Fields | Information provided for completing action of disbursement 1 (does not apply to disbursement 2) |
---|---|
†Relationship |
Self |
Fields | Information provided for completing action of disbursement 1 (does not apply to disbursement 2) |
---|---|
† Name of entity |
Kitchen Supply Company inc. |
House/Building number |
11 |
† Street address |
Yonge Street |
† City |
Toronto |
† Country |
Canada |
† Province or state (code) |
ON |
Postal or zip code |
L9S 1W1 |
Telephone number |
647-900-8877 |
Email address |
KitchenSupply@domain.com |
† Nature of entity’s principal business |
Kitchen Supplies |
‡ Do you have incorporation or registration information? |
Yes |
Incorporated or registered? |
Incorporated |
Fields | Information provided for completing action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
Incorporation number |
875234 |
Jurisdiction of issue (country) of incorporation |
Canada |
Jurisdiction of issue (province or state) (code) of incorporation |
ON |
Fields | Information provided for completing action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
Identifier type |
Certificate of incorporation |
Number associated with identifier type |
A4567223 |
Jurisdiction of issue (country) |
Canada |
Jurisdiction of issue (province or state) (code) |
ON |
Fields | Information provided for completing action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
Surname |
Blue |
Given name |
Sam |
Fields | Information provided for completing action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
†Relationship |
Employer |
Fields | Information provided for completing action 1 of disbursement 2 (does not apply to disbursement 1) |
---|---|
Relationship |
Employer |
Fields | Information provided for completing action of disbursement 1 | Information provided for completing action of disbursement 2 |
---|---|---|
‡ Was this disbursement received on behalf of another person or entity? |
No |
No |
Infographic summarizing scenario B.4
View text equivalent for the infographic summarizing scenario B.4
- Tuesday at 11 pm Sam Blue, accompanied by Yara Yellow, redeems $8000 in casino chips from Big Money Casino and receives $8000 in cash.
- Wednesday at 9 pm Sam Blue redeems $3000 in slot tickets at Big Money Casino's sister casino, Huge Coin Casino, on behalf of Kitchen Supply Company Inc. In exchange, Sam Blue requests a domestic funds transfer to a business bank account held by Kitchen Supply Company inc.
Details and history
Published: June **, 2024
Date [YYYY-MM-DD] | Summary of changes |
---|---|
2024-06-** |
Changes compared to "Guideline 10A: Submitting Casino Disbursement Reports to FINTRAC electronically" and "Guideline 10B: Submitting Casino Disbursement Reports to FINTRAC by paper" (which will be archived on June **, 2024):
|
For assistance
If you have questions about this guidance, please contact FINTRAC by email at guidelines-lignesdirectrices@fintrac-canafe.gc.ca.
Definitions
- Accountant
A chartered accountant, a certified general accountant, a certified management accountant or, if applicable, a chartered professional accountant. (comptable)
Reference:
Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations (PCMLTFR), SOR/2002-184, s. 1(2).- Accounting firm
An entity that is engaged in the business of providing accounting services to the public and has at least one partner, employee or administrator that is an accountant. (cabinet d'expertise comptable)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Act
The Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). (la Loi)
Reference:
Proceeds of Crime (Money Laundering) and Terrorist Financing Administrative Monetary Penalties Regulations (PCMLTFAMPR), SOR/2007-292, s. 1, Proceeds of Crime (Money Laundering) and Terrorist Financing Registration Regulations (PCMLTFRR), SOR/2007-121, s. 1, PCMLTFR, SOR/2002-184, s. 1(2), and Proceeds of Crime (Money Laundering) and Terrorist Financing Suspicious Transaction Reporting Regulations (PCMLTFSTRR), SOR/2001-317, s. 1(2).- Administrative monetary penalties (AMPs)
Civil penalties that may be issued to reporting entities by FINTRAC for non-compliance with the PCMLTFA and associated Regulations. (pénalité administrative pécuniaire [PAP])
- Affiliate
An entity is affiliated with another entity if one of them is wholly owned by the other, if both are wholly owned by the same entity or if their financial statements are consolidated. (entité du même groupe)
Reference:
PCMLTFR, SOR/2002-184, s. 4.- Annuity
Has the same meaning as in subsection 248(1) of the Income Tax Act. (rente)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- As soon as practicable
A time period that falls in-between immediately and as soon as possible, within which a suspicious transaction report (STR) must be submitted to FINTRAC. The completion and submission of the STR should take priority over other tasks. In this context, the report must be completed promptly, taking into account the facts and circumstances of the situation. While some delay is permitted, it must have a reasonable explanation. (aussitôt que possible)
- Attempted transaction
Occurs when an individual or entity starts to conduct a transaction that is not completed. For example, a client or a potential client walks away from conducting a $10,000 cash deposit. (opération tentée)
- Authentic
In respect of verifying identity, means genuine and having the character of an original, credible, and reliable document or record. (authentique)
- Authorized person
A person who is authorized under subsection 45(2). (personne autorisée)
Reference:
Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), S.C. 2000, c 17, s. 2(1).- Authorized user
A person who is authorized by a holder of a prepaid payment product account to have electronic access to funds or virtual currency available in the account by means of a prepaid payment product that is connected to it. (utilisateur autorisé)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Beneficial owner(s)
Beneficial owners are the individuals who are the trustees, and known beneficiaries and settlors of a trust, or who directly or indirectly own or control 25% or more of i) the shares of a corporation or ii) an entity other than a corporation or trust, such as a partnership. The ultimate beneficial owner(s) cannot be another corporation or entity; it must be the actual individual(s) who owns or controls the entity. (bénéficiaire effectif)
- Beneficiary
A beneficiary is the individual or entity that will benefit from a transaction or to which the final remittance is made. (bénéficiaire)
- Branch
A branch is a part of your business at a distinct location other than your main office. (succursale)
- British Columbia notary corporation
An entity that carries on the business of providing notary services to the public in British Columbia in accordance with the Notaries Act, R.S.B.C. 1996, c. 334. (société de notaires de la Colombie-Britannique)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- British Columbia notary public
A person who is a member of the Society of Notaries Public of British Columbia. (notaire public de la Colombie-Britannique)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Cash
Coins referred to in section 7 of the Currency Act, notes issued by the Bank of Canada under the Bank of Canada Act that are intended for circulation in Canada or coins or bank notes of countries other than Canada. (espèces)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2) and PCMLTFSTRR, SOR/2001-317, s. 1(2).- Casino
A government, organization, board or operator that is referred to in any of paragraphs 5(k) to (k.3) of the Act. (casino)
Reference:
PCMLTFR, SOR/2002-184, s 1(2) and PCMLTFSTRR, SOR/2001-317, s. 1(2).- Certified translator
An individual that holds the title of professional certified translator granted by a Canadian provincial or territorial association or body that is competent under Canadian provincial or territorial law to issue such certification. (traducteur agréé)
- Clarification request
A clarification request is a method used to communicate with money services businesses (MSBs) or foreign money services businesses (FMSBs) when FINTRAC needs more information about their registration form. This request is usually sent by email. (demande de précisions)
- Client
A person or entity that engages in a financial transaction with another person or entity. (client)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Client identification information
The identifying information that you have obtained on your clients, such as name, address, telephone number, occupation or nature of principal business, and date of birth for an individual. (renseignements d'identification du client)
- Competent authority
For the purpose of the criminal record check submitted with an application for registration, a competent authority is any person or organization that has the legally delegated or invested authority, capacity, or power to issue criminal record checks. (autorité compétente)
- Completed transaction
Is a transaction conducted by a person or entity, that is completed and results in the movement of funds, virtual currency, or the purchase or sale of an asset. (opération effectuée)
- Completing action
With respect to a reportable transaction, information related to the instructions provided by the person or entity making the request to the reporting entity to complete a transaction. For example, an individual arrives at a bank and requests to purchase a bank draft. The completing action is the details of how the reporting entity fulfilled the person or entity’s instructions which led to the transaction being completed. This includes what the funds or virtual currency initially brought to the reporting entity was used for (see “disposition”). A transaction may have one or more completing actions depending on the instructions provided by the person or entity. (action d’achèvement)
- Compliance officer
The individual, with the necessary authority, that you appoint to be responsible for the implementation of your compliance program. (agent de conformité)
- Compliance policies and procedures
Written methodology outlining the obligations applicable to your business under the PCMLTFA and its associated Regulations and the corresponding processes and controls you put in place to address your obligations. (politiques et procédures de conformité)
- Compliance program
All elements (compliance officer, policies and procedures, risk assessment, training program, effectiveness review) that you, as a reporting entity, are legally required to have under the PCMLTFA and its associated Regulations to ensure that you meet all your obligations. (programme de conformité)
- Context
Clarifies a set of circumstances or provides an explanation of a situation or financial transaction that can be understood and assessed. (contexte)
- Correspondent banking relationship
A relationship created by an agreement or arrangement under which an entity referred to in any of paragraphs 5(a), (b), (d),(e) and (e.1) or an entity that is referred to in section 5 and that is prescribed undertakes to provide to a prescribed foreign entity prescribed services or international electronic funds transfers, cash management or cheque clearing services. (relation de correspondant bancaire)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 9.4(3) and PCMLTFR, SOR/2002-184, s. 16(1)(b).- Country of residence
The country where an individual has lived continuously for 12 months or more. The individual must have a dwelling in the country concerned. For greater certainty, a person only has one country of residence no matter how many dwelling places they may have, inside or outside of that country. (pays de résidence)
- Credit card acquiring business
A credit card acquiring business is a financial entity that has an agreement with a merchant to provide the following services:
- enabling a merchant to accept credit card payments by cardholders for goods and services and to receive payments for credit card purchases;
- processing services, payment settlements and providing point-of-sale equipment (such as computer terminals); and
- providing other ancillary services to the merchant.
- Credit union central
A central cooperative credit society, as defined in section 2 of the Cooperative Credit Associations Act, or a credit union central or a federation of credit unions or caisses populaires that is regulated by a provincial Act other than one enacted by the legislature of Quebec. (centrale de caisses de crédit)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Crowdfunding platform
A website or an application or other software that is used to raise funds or virtual currency through donations. (plateforme de sociofinancement)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Crowdfunding platform services
The provision and maintenance of a crowdfunding platform for use by other persons or entities to raise funds or virtual currency for themselves or for persons or entities specified by them. (services de plateforme de sociofinancement)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Current
In respect of a document or source of information that is used to verify identity, is up to date, and, in the case of a government-issued photo identification document, must not have been expired when the ID was verified. (à jour)
- Dealer in precious metals and stones
A person or entity that, in the course of their business activities, buys or sells precious metals, precious stones or jewellery. It includes a department or an agent of His Majesty in right of Canada or an agent or mandatary of His Majesty in right of a province when the department or the agent or mandatary carries out the activity, referred to in subsection 65(1), of selling precious metals to the public. (négociant en métaux précieux et pierres précieuses)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Deferred profit sharing plan
Has the same meaning as in subsection 248(1) of the Income Tax Act. (régime de participation différée aux bénéfices)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Deposit slip
A record that sets out:
- (a) the date of the deposit;
- (b) the name of the person or entity that makes the deposit;
- (c) the amount of the deposit and of any part of it that is made in cash;
- (d) the method by which the deposit is made; and
- (e) the number of the account into which the deposit is made and the name of each account holder.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Directing services
A business is directing services at persons or entities in Canada if at least one of the following applies:
- The business's marketing or advertising is directed at persons or entities located in Canada;
- The business operates a ".ca" domain name; or,
- The business is listed in a Canadian business directory.
Additional criteria may be considered, such as if the business describes its services being offered in Canada or actively seeks feedback from persons or entities in Canada. (diriger des services)
- Distributed ledger
For the purpose of section 151 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations (PCMLTFR), a digital ledger that is maintained by multiple persons or entities and that can only be modified by a consensus of those persons or entities. (registres distribués)
Reference:
PCMLTFR, SOR/2002-184, s. 151(2).- Disposition
With respect to a reportable transaction, the disposition is what the funds or virtual currency was used for. For example, an individual arrives at a bank with cash and purchases a bank draft. The disposition is the purchase of the bank draft. (répartition)
- Electronic funds transfer
The transmission—by any electronic, magnetic or optical means—of instructions for the transfer of funds, including a transmission of instructions that is initiated and finally received by the same person or entity. In the case of SWIFT messages, only SWIFT MT-103 messages and their equivalent are included. It does not include a transmission or instructions for the transfer of funds:
- (a) that involves the beneficiary withdrawing cash from their account;
- (b) that is carried out by means of a direct deposit or pre-authorized debit;
- (c) that is carried out by cheque imaging and presentment
- (d) that is both initiated and finally received by persons or entities that are acting to clear or settle payment obligations between themselves; or
- (e) that is initiated or finally received by a person or entity referred to in paragraphs 5(a) to (h.1) of the Act for the purpose of internal treasury management, including the management of their financial assets and liabilities, if one of the parties to the transaction is a subsidiary of the other or if they are subsidiaries of the same corporation.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Employees profit sharing plan
Has the same meaning as in subsection 248(1) of the Income Tax Act. (régime de participation des employés aux bénéfices)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Entity
A body corporate, a trust, a partnership, a fund or an unincorporated association or organization. (entité)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Facts
Actual events, actions, occurrences or elements that exist or are known to have happened or existed. Facts are not opinions. For example, facts surrounding a transaction or multiple transactions could include the date, time, location, amount or type of transaction or could include the account details, particular business lines, or the client's financial history. (faits)
- Family member
For the purposes of subsection 9.3(1) of the Act, a prescribed family member of a politically exposed foreign person, a politically exposed domestic person or a head of an international organization is:
- (a) their spouse or common-law partner;
- (b) their child;
- (c) their mother or father;
- (d) the mother or father of their spouse or common-law partner; or
- (e) a child of their mother or father.
Reference:
PCMLTFR, SOR/2002-184, s. 2(1).- Fiat currency
A currency that is issued by a country and is designated as legal tender in that country. (monnaie fiduciaire)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2) and PCMLTFSTRR, SOR/2001-317, s. 1(2).- Final receipt
In respect of an electronic funds transfer, means the receipt of the instructions by the person or entity that is to make the remittance to a beneficiary. (destinataire)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Financial entity
Means:
- (a) an entity that is referred to in any of paragraphs 5(a), (b) and (d) to (f) of the Act;
- (b) a financial services cooperative;
- (c) a life insurance company, or an entity that is a life insurance broker or agent, in respect of loans or prepaid payment products that it offers to the public and accounts that it maintains with respect to those loans or prepaid payment products, other than:
- (i) loans that are made by the insurer to a policy holder if the insured person has a terminal illness that significantly reduces their life expectancy and the loan is secured by the value of an insurance policy;
- (ii) loans that are made by the insurer to the policy holder for the sole purpose of funding the life insurance policy; and
- (iii) advance payments to which the policy holder is entitles that are made to them by the insurer;
- (d) a credit union central when it offers financial services to a person, or to an entity that is not a member of that credit union central; and
- (e) a department, or an entity that is an agent of His Majesty in right of Canada or an agent or mandatary of His Majesty in right of a province, when it carries out an activity referred to in section 76.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Financial Action Task Force
The Financial Action Task Force on Money Laundering established in 1989. (Groupe d'action financière)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Financial services cooperative
A financial services cooperative that is regulated by an Act respecting financial services cooperatives, CQLR, c. C-67.3, other than a caisse populaire. (coopérative de services financiers)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Foreign currency
A fiat currency that is issued by a country other than Canada. (devise)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Foreign currency exchange transaction
An exchange, at the request of another person or entity, of one fiat currency for another. (opération de change en devise)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Foreign currency exchange transaction ticket
A record respecting a foreign currency exchange transaction—including an entry in a transaction register—that sets out:
- (a) the date of the transaction;
- (b) in the case of a transaction of $3,000 or more, the name and address of the person or entity that requests the exchange, the nature of their principal business or their occupation and, in the case of a person, their date of birth;
- (c) the type and amount of each of the fiat currencies involved in the payment made and received by the person or entity that requests the exchange;
- (d) the method by which the payment is made and received;
- (e) the exchange rates used and their source;
- (f) the number of every account that is affected by the transaction, the type of account and the name of each account holder; and
- (g) every reference number that is connected to the transaction and has a function equivalent to that of an account number.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Foreign money services business
Persons and entities that do not have a place of business in Canada, that are engaged in the business of providing at least one of the following services that is directed at persons or entities in Canada, and that provide those services to their clients in Canada:
- (i) foreign exchange dealing,
- (ii) remitting funds or transmitting funds by any means or through any person, entity or electronic funds transfer network,
- (iii) issuing or redeeming money orders, traveller's cheques or other similar negotiable instruments except for cheques payable to a named person or entity,
- (iv) dealing in virtual currencies, or
- (v) any prescribed service.
Reference:
PCMLTFA, S.C. 2000, c 17, s. 5(h.1), PCMLTFRR, SOR/2007-121, s. 1 and PCMLTFR, SOR/2002-184, s. 1(2).- Foreign state
Except for the purposes of Part 2, means a country other than Canada and includes any political subdivision or territory of a foreign state. (État étranger)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Funds
Means:
- (a) cash and other fiat currencies, and securities, negotiable instruments or other financial instruments that indicate a title or right to or interest in them; or
- (b) a private key of a cryptographic system that enables a person or entity to have access to a fiat currency other than cash.
For greater certainty, it does not include virtual currency. (fonds)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2) and PCMLTFSTRR, SOR/2001-317, s. 1(2).- Head of an international organization
A person who, at a given time, holds—or has held within a prescribed period before that time—the office or position of head of
- a) an international organization that is established by the governments of states;
- b) an institution of an organization referred to in paragraph (a); or
- c) an international sports organization.
Reference:
PCMLTFA, S.C. 2000, c 17, s. 9.3(3).- Immediately
In respect of submitting a Terrorist Property Report (TPR), the time period within which a TPR must be submitted, which does not allow for any delay prior to submission. (immédiatement)
- Information record
A record that sets out the name and address of a person or entity and:
- (a) in the case of a person, their date of birth and the nature of their principal business or their occupation; and
- (b) in the case of an entity, the nature of its principal business.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Initiation
In respect of an electronic funds transfer, means the first transmission of the instructions for the transfer of funds. (amorcer)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Institutional trust
For the purpose of section 15 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations (PCMLTFR), means a trust that is established by a corporation or other entity for a particular business purpose and includes a pension plan trust, a pension master trust, a supplemental pension plan trust, a mutual fund trust, a pooled fund trust, a registered retirement savings plan trust, a registered retirement income fund trust, a registered education savings plan trust, a group registered retirement savings plan trust, a deferred profit sharing plan trust, an employee profit sharing plan trust, a retirement compensation arrangement trust, an employee savings plan trust, a health and welfare trust, an unemployment benefit plan trust, a foreign insurance company trust, a foreign reinsurance trust, a reinsurance trust, a real estate investment trust, an environmental trust and a trust established in respect of endowment, a foundation or a registered charity. (fiducie institutionnelle)
Reference:
PCMLTFR, SOR/2002-184, s. 15(2).- International electronic funds transfer
An electronic funds transfer other than for the transfer of funds within Canada. (télévirement international)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Inter vivos trust
A personal trust, other than a trust created by will. (fiducie entre vifs)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Jewellery
Objects that are made of gold, silver, palladium, platinum, pearls or precious stones and that are intended to be worn as a personal adornment. (bijou)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Large cash transaction record
A record that indicates the receipt of an amount of $10,000 or more in cash in a single transaction and that contains the following information:
- (a) the date of the receipt;
- (b) if the amount is received for deposit into an account, the number of the account, the name of each account holder and the time of the deposit or an indication that the deposit is made in a night deposit box outside the recipient's normal business hours;
- (c) the name and address of every other person or entity that is involved in the transaction, the nature of their principal business or their occupation and, in the case of a person, their date of birth;
- (d) the type and amount of each fiat currency involved in the receipt;
- (e) the method by which the cash is received;
- (f) if applicable, the exchange rates used and their source;
- (g) the number of every other account that is affected by the transaction, the type of account and the name of each account holder
- (h) every reference number that is connected to the transaction and has a function equivalent to that of an account number;
- (i) the purpose of the transaction;
- (j) the following details of the remittance of, or in exchange for, the cash received:
- (i) the method of remittance;
- (ii) if the remittance is in funds, the type and amount of each type of funds involved;
- (iii) if the remittance is not in funds, the type of remittance and its value, if different from the amount of cash received; and
- (iv) the name of every person or entity involved in the remittance and their account number or policy number or, if they have no account number or policy number, their identifying number; and
- (k) if the amount is received by a dealer in precious metals and precious stones for the sale of precious metals, precious stones or jewellery:
- (i) the type of precious metals, precious stones or jewellery;
- (ii) the value of the precious metals, precious stones or jewellery, if different from the amount of cash received, and
- (iii) the wholesale value of the precious metals, precious stones or jewellery.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Large virtual currency transaction record
A record that indicates the receipt of an amount of $10,000 or more in virtual currency in a single transaction and that contains the following information:
- (a) the date of the receipt;
- (b) if the amount is received for deposit into an account, the name of each account holder;
- (c) the name and address of every other person or entity that is involved in the transaction, the nature of their principal business or their occupation and, in the case of a person, their date of birth;
- (d) the type and amount of each virtual currency involved in the receipt;
- (e) the exchange rates used and their source;
- (f) the number of every other account that is affected by the transaction, the type of account and the name of each account holder;
- (g) every reference number that is connected to the transaction and has a function equivalent to that of an account number;
- (h) every transaction identifier, including the sending and receiving addresses; and
- (i) if the amount is received by a dealer in precious metals and precious stones for the sale of precious metals, precious stones or jewellery:
- (i) the type of precious metals, precious stones or jewellery;
- (ii) the value of the precious metals, precious stones or jewellery, if different from the amount of virtual currency received; and
- (iii) the wholesale value of the precious metals, precious stones or jewellery.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Life insurance broker or agent
A person or entity that is authorized under provincial legislation to carry on the business of arranging contracts of life insurance. (représentant d'assurance-vie)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Life insurance company
A life company or foreign life company to which the Insurance Companies Act applies or a life insurance company regulated by a provincial Act. (société d'assurance-vie)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Listed person
Has the same meaning as in section 1 of the Regulations Implementing the United Nations Resolutions on the Suppression of Terrorism. (personne inscrite)
Reference:
PCMLTFSTRR, SOR/2001-317, s. 1(2).- Managing general agents (MGAs)
Life insurance brokers or agents that act as facilitators between other life insurance brokers or agents and life insurance companies. MGAs typically offer services to assist with insurance agents contracting and commission payments, facilitate the flow of information between insurer and agent, and provide training to, and compliance oversight of, insurance agents. (agent général de gestion)
- Mandatary
A person who acts, under a mandate or agreement, for another person or entity. (mandataire)
- Marketing or advertising
When a person or entity uses promotional materials such as advertisements, graphics for websites or billboards, etc., with the intent to promote money services business (MSB) services and to acquire business from persons or entities in Canada. (marketing ou publicité)
- Minister
In relation to sections 24.1 to 39, the Minister of Public Safety and Emergency Preparedness and, in relation to any other provision of this Act, the Minister of Finance. (ministre)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Money laundering offence
An offence under subsection 462.31(1) of the Criminal Code. The United Nations defines money laundering as "any act or attempted act to disguise the source of money or assets derived from criminal activity." Essentially, money laundering is the process whereby "dirty money"—produced through criminal activity—is transformed into "clean money," the criminal origin of which is difficult to trace. (infraction de recyclage des produits de la criminalité)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Money laundering and terrorist financing indicators (ML/TF indicators)
Potential red flags that could initiate suspicion or indicate that something may be unusual in the absence of a reasonable explanation. [Indicateurs de blanchiment d'argent (BA) et de financement du terrorisme (FT) (indicateurs de BA/FT)]
- Money services business
A person or entity that has a place of business in Canada and that is engaged in the business of providing at least one of the following services:
- (i) foreign exchange dealing,
- (ii) remitting funds or transmitting funds by any means or through any person, entity or electronic funds transfer network,
- (iii) issuing or redeeming money orders, traveller's cheques or other similar negotiable instruments except for cheques payable to a named person or entity,
- (iv) dealing in virtual currencies, or
- (v) any prescribed service.
Reference:
PCMLTFA, S.C. 2000, c 17, s. 5(h), PCMLTFRR, SOR/2007-121, s. 1 and PCMLTFR, SOR/2002-184, s. 1(2).- Money services business agent
An individual or entity authorized to deliver services on behalf of a money services business (MSB). It is not an MSB branch. (mandataire d'une entreprise de services monétaires)
- Nature of principal business
An entity's type or field of business. Also applies to an individual in the case of a sole proprietorship. (nature de l'entreprise principale)
- New developments
Changes to the structure or operations of a business when new services, activities, or locations are put in place. For example, changes to a business model or business restructuring. (nouveaux développements)
- New technologies
The adoption of a technology that is new to a business. For example, when a business adopts new systems or software such as transaction monitoring systems or client onboarding and identification tools. (nouvelles technologies)
- No apparent reason
There is no clear explanation to account for suspicious behaviour or information. (sans raison apparente)
- Occupation
The job or profession of an individual. (profession ou métier)
- Person
An individual. (personne)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Person authorized to give instructions
In respect of an account, means a person who is authorized to instruct on the account or make changes to the account, such as modifying the account type, updating the account contact details, and in the case of a credit card account, requesting a limit increase or decrease, or adding or removing card holders. A person who is only able to conduct transactions on the account is not considered a person authorized to give instructions. (personne habilitée à donner des instructions)
- Politically exposed domestic person
A person who, at a given time, holds—or has held within a prescribed period before that time—one of the offices or positions referred to in any of paragraphs (a) and (c) to (j) in or on behalf of the federal government or a provincial government or any of the offices or positions referred to in paragraphs (b) and (k):
- (a) Governor General, lieutenant governor or head of government;
- (b) member of the Senate or House of Commons or member of a legislature of a province;
- (c) deputy minister or equivalent rank;
- (d) ambassador, or attaché or counsellor of an ambassador;
- (e) military officer with a rank of general or above;
- (f) president of a corporation that is wholly owned directly by His Majesty in right of Canada or a province;
- (g) head of a government agency;
- (h) judge of an appellate court in a province, the Federal Court of Appeal or the Supreme Court of Canada;
- (i) leader or president of a political party represented in a legislature;
- (j) holder of any prescribed office or position; or
- (k) mayor, reeve or other similar chief officer of a municipal or local government.
Reference:
PCMLTFA, S.C. 2000, c 17, s. 9.3(3).- Politically exposed foreign person
A person who holds or has held one of the following offices or positions in or on behalf of a foreign state:
- (a) head of state or head of government;
- (b) member of the executive council of government or member of a legislature;
- (c) deputy minister or equivalent rank;
- (d) ambassador, or attaché or counsellor of an ambassador;
- (e) military officer with a rank of general or above;
- (f) president of a state-owned company or a state-owned bank;
- (g) head of a government agency;
- (h) judge of a supreme court, constitutional court or other court of last resort;
- (i) leader or president of a political party represented in a legislature; or
- (j) holder of any prescribed office or position.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Possibility
In regards to completing a suspicious transaction report (STR), the likelihood that a transaction may be related to a money laundering/terrorist financing (ML/TF) offence. For example, based on your assessment of facts, context and ML/TF indicators you have reasonable grounds to suspect that a transaction is related to the commission or attempted commission of an ML/TF offence. (possibilité)
- Precious metal
Gold, silver, palladium or platinum in the form of coins, bars, ingots or granules or in any other similar form. (métal précieux)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Precious stones
Diamonds, sapphires, emeralds, tanzanite, rubies or alexandrite. (pierre précieuse)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Prepaid payment product
A product that is issued by a financial entity and that enables a person or entity to engage in a transaction by giving them electronic access to funds or virtual currency paid to a prepaid payment product account held with the financial entity in advance of the transaction. It excludes a product that:
- (a) enables a person or entity to access a credit or debit account or one that is issued for use only with particular merchants; or
- (b) is issued for single use for the purposes of a retail rebate program.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Prepaid payment product account
An account – other than an account to which only a public body or, if doing so for the purposes of humanitarian aid, a registered charity as defined in subsection 248(1) of the Income Tax Act, can add funds or virtual currency – that is connected to a prepaid payment product and that permits:
- (a) funds or virtual currency that total $1,000 or more to be added to the account within a 24-hour period; or
- (b) a balance of funds or virtual currency of $1,000 or more to be maintained.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Prescribed
Prescribed by regulations made by the Governor in Council. (Version anglaise seulement)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Probability
The likelihood in regards to completing a suspicious transaction report (STR) that a financial transaction is related to a money laundering/terrorist financing (ML/TF) offence. For example, based on facts, having reasonable grounds to believe that a transaction is probably related to the commission or attempted commission of an ML/TF offence. (probabilité)
- Production order
A judicial order that compels a person or entity to disclose records to peace officers or public officers. (ordonnance de communication)
- Public body
Means
- (a) a department or an agent of His Majesty in right of Canada or an agent or mandatary of His Majesty in right of a province;
- (b) an incorporated city or town, village, metropolitan authority, township, district, county, rural municipality or other incorporated municipal body in Canada or an agent or mandatary in Canada of any of them; and
- (c) an organization that operates a public hospital and that is designated by the Minister of National Revenue as a hospital authority under the Excise Tax Act, or an agent or mandatary of such an organization.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Real estate broker or sales representative
A person or entity that is authorized under provincial legislation to act as an agent or mandatary for purchasers or vendors in respect of the purchase or sale of real property or immovables. (courtier ou agent immobilier)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Real estate developer
A person or entity that, in any calendar year after 2007, has sold to the public, other than in the capacity of a real estate broker or sales representative:
- (a) five or more new houses or condominium units;
- (b) one or more new commercial or industrial buildings; or
- (c) one or more new multi-unit residential buildings each of which contains five or more residential units, or two or more new multi-unit residential buildings that together contain five or more residential units.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Reasonable measures
Steps taken to achieve a desired outcome, even if they do not result in the desired outcome. For example, this can include doing one or more of the following:
- asking the client,
- conducting open source searches,
- retrieving information already available, including information held in non-digital formats, or
- consulting commercially available information.
- Receipt of funds record
A record that indicates the receipt of an amount of funds and that contains the following information:
- (a) the date of the receipt;
- (b) if the amount is received from a person, their name, address and date of birth and the nature of their principal business or their occupation;
- (c) if the amount is received from or on behalf of an entity, the entity's name and address and the nature of their principal business;
- (d) the amount of the funds received and of any part of the funds that is received in cash;
- (e) the method by which the amount is received;
- (f) the type and amount of each fiat currency involved in the receipt;
- (g) if applicable, the exchange rates used and their source;
- (h) the number of every account that is affected by the transaction in which the receipt occurs, the type of account and the name of each account holder;
- (i) the name and address of every other person or entity that is involved in the transaction, the nature of their principal business or their occupation and, in the case of a person, their date of birth;
- (j) every reference number that is connected to the transaction and has a function equivalent to that of an account number; and
- (k) the purpose of the transaction.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Registered pension plan
Has the same meaning as in subsection 248(1) of the Income Tax Act. (régime de pension agréé)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Registered retirement income fund
Has the same meaning as in subsection 248(1) of the Income Tax Act. (fonds enregistré de revenu de retraite)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Reliable
In respect of information that is used to verify identity, means that the source is well known, reputable, and is considered one that you trust to verify the identity of the client. (fiable)
- Representative for service
An individual in Canada that has been appointed by a person or entity that is a foreign money services business (FMSB), pursuant to the PCMLTFA, to receive notices and documents on behalf of the FMSB. (représentant du service)
- Risk assessment
The review and documentation of potential money laundering/terrorist financing risks in order to help a business establish policies, procedures and controls to detect and mitigate these risks and their impact. (évaluation des risques)
- Securities dealer
A person or entity that is referred to in paragraph 5(g) of the Act. (courtier en valeurs mobilières)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Senior officer
In respect of an entity, means:
- (a) a director of the entity who is one of its full-time employees;
- (b) the entity's chief executive officer, chief operating officer, president, secretary, treasurer, controller, chief financial officer, chief accountant, chief auditor or chief actuary, or any person who performs any of those functions; or
- (c) any other officer who reports directly to the entity's board of directors, chief executive officer or chief operating officer.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Service agreement
An agreement between a money services business (MSB) and an organization according to which the MSB will provide any of the following MSB services on an ongoing basis:
- money transfers;
- foreign currency exchange;
- issuing or redeeming money orders, traveller's cheques or anything similar; or
- dealing in virtual currencies.
- Settlor
A settlor is an individual or entity that creates a trust with a written trust declaration. The settlor ensures that legal responsibility for the trust is given to a trustee and that the trustee is provided with a trust instrument document that explains how the trust is to be used for the beneficiaries. A settlor includes any individual or entity that contributes financially to that trust, either directly or indirectly. (constituant)
- Shell bank
A foreign financial institution that:
- (a) does not have a place of business that:
- (i) is located at a fixed address—where it employs one or more persons on a full-time basis and maintains operating records related to its banking activities—in a country in which it is authorized to conduct banking activities; and
- (ii) is subject to inspection by the regulatory authority that licensed it to conduct banking activities; and
- (b) is not controlled by, or under common control with, a depository institution, credit union or foreign financial institution that maintains a place of business referred to in paragraph (a) in Canada or in a foreign country.
Reference:
PCMLTFR, SOR/2002-184, s. 1(1).- (a) does not have a place of business that:
- Signature
Includes an electronic signature or other information in electronic form that is created or adopted by a client of a person or entity referred to in section 5 of the Act and that is accepted by the person or entity as being unique to that client. (signature)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Signature card
In respect of an account, means a document that is signed by a person who is authorized to give instructions in respect of the account, or electronic data that constitutes the signature of such a person. (fiche-signature)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Source
The issuer or provider of information or documents for verifying identification. (source)
- Source of funds or of virtual currency (VC)
The origin of the particular funds or VC used to carry out a specific transaction or to attempt to carry out a transaction. It is how the funds were acquired, not where the funds may have been transferred from. For example, the source of funds could originate from activities or occurrences such as employment income, gifts, the sale of a large asset, criminal activity, etc. (origine des fonds ou de la monnaie virtuelle (MV))
- Source of wealth
The origin of a person's total assets that can be reasonably explained, rather than what might be expected. For example, a person's wealth could originate from an accumulation of activities and occurrences such as business undertakings, family estates, previous and current employment income, investments, real estate, inheritance, lottery winnings, etc. (origine de la richesse)
- Starting action
With respect to a reportable transaction, information related to the instructions provided by the person or entity making the request to the reporting entity to start a transaction. For example, an individual arrives at a bank and requests to purchase a bank draft. The starting action is the details of the instructions for the purchase which includes the funds or virtual currency that the requesting person or entity brought to the reporting entity. A transaction must have at least one starting action. (action d’amorce)
- SWIFT
The Society for Worldwide Interbank Financial Telecommunication. (SWIFT)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Terrorist activity
Has the same meaning as in subsection 83.01(1) of the Criminal Code. (activité terroriste)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Terrorist activity financing offence
An offence under section 83.02, 83.03 or 83.04 of the Criminal Code or an offence under section 83.12 of the Criminal Code arising out of a contravention of section 83.08 of that Act.
A terrorist financing offence is knowingly collecting or giving property (such as money) to carry out terrorist activities. This includes the use and possession of any property to help carry out the terrorist activities. The money earned for terrorist financing can be from legal sources, such as personal donations and profits from a business or charitable organization or from criminal sources, such as the drug trade, the smuggling of weapons and other goods, fraud, kidnapping and extortion. (infraction de financement des activités terroristes)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Third party
Any individual or entity that instructs another individual or entity to act on their behalf for a financial activity or transaction. (tiers)
- Threats to the security of Canada
Has the same meaning as in section 2 of the Canadian Security Intelligence Service Act. (menaces envers la sécurité du Canada)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Training program
A written and implemented program outlining the ongoing training for your employees, agents or other individuals authorized to act on your behalf. It should contain information about all your obligations and requirements to be fulfilled under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and its associated Regulations. (programme de formation)
- Trust
A right of property held by one individual or entity (a trustee) for the benefit of another individual or entity (a beneficiary). (fiducie)
- Trust company
A company that is referred to in any of paragraphs 5(d) to (e.1) of the Act. (société de fiducie)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Trustee
A trustee is the individual or entity authorized to hold or administer the assets of a trust. (fiduciaire)
- Tutor
In the context of civil law, a person who has been lawfully appointed to the care of the person and property of a minor. (tuteur)
- Two year effectiveness review
A review, conducted every two years (at a minimum), by an internal or external auditor to test the effectiveness of your policies and procedures, risk assessment, and training program. (examen bisannuel de l'efficacité)
- Valid
In respect of a document or information that is used to verify identity, appears legitimate or authentic and does not appear to have been altered or had any information redacted. The information must also be valid according to the issuer, for example if a passport is invalid because of a name change, it is not valid for FINTRAC purposes. (valide)
- Verify identity
To refer to certain information or documentation, in accordance with the prescribed methods, to identify a person or entity (client). (vérifier l'identité)
- Very large corporation or trust
A corporation or trust that has minimum net assets of $75 million CAD on its last audited balance sheet. The corporation's shares or units have to be traded on a Canadian stock exchange or on a stock exchange designated under subsection 262(1) of the Income Tax Act. The corporation or trust also has to operate in a country that is a member of the Financial Action Task Force (FATF). (personne morale ou fiducie dont l'actif est très important)
- Violation
A contravention of the Act or the regulations that is designated as a violation by regulations made under subsection 73.1(1). (violation)
Reference:
PCMLTFA, S.C. 2000, c 17, s. 2(1).- Virtual currency
Means:
- (a) a digital representation of value that can be used for payment or investment purposes that is not a fiat currency and that can be readily exchanged for funds or for another virtual currency that can be readily exchanged for funds; or
- (b) a private key of a cryptographic system that enables a person or entity to have access to a digital representation of value referred to in paragraph (a).
Reference:
PCMLTFR, SOR/2002-184, s. 1(2) and PCMLTFSTRR, SOR/2001-317, s. 1(2).- Virtual currency exchange transaction
An exchange, at the request of another person or entity, of virtual currency for funds, funds for virtual currency or one virtual currency for another. (opération de change en monnaie virtuelle)
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Virtual currency exchange transaction ticket
A record respecting a virtual currency exchange transaction—including an entry in a transaction register—that sets out:
- (a) the date of the transaction;
- (b) in the case of a transaction of $1,000 or more, the name and address of the person or entity that requests the exchange, the nature of their principal business or their occupation and, in the case of a person, their date of birth;
- (c) the type and amount of each type of funds and each of the virtual currencies involved in the payment made and received by the person or entity that requests the exchange;
- (d) the method by which the payment is made and received;
- (e) the exchange rates used and their source;
- (f) the number of every account that is affected by the transaction, the type of account and the name of each account holder;
- (g) every reference number that is connected to the transaction and has a function equivalent to that of an account number; and
- (h) every transaction identifier, including the sending and receiving addresses.
Reference:
PCMLTFR, SOR/2002-184, s. 1(2).- Working days
In respect of an electronic funds transfer (EFT) report or a large virtual currency transaction report, a working day is a day between and including Monday to Friday. It excludes Saturday, Sunday, and a public holiday. (jour ouvrable)
- Date Modified: