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Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations

Version of section 37 from 2021-06-01 to 2022-09-11:


 A money services business that enters into an agreement with an entity to provide a service referred to in any of subparagraphs 5(h)(i) to (v) of the Act to that entity — and a foreign money services business that enters into an agreement with an entity in Canada to provide a service referred to in any of subparagraphs 5(h.1)(i) to (v) of the Act to that entity — shall keep

  • (a) a record of the name, address and date of birth of every person who signs the agreement on behalf of the entity and the nature of the person’s principal business or their occupation;

  • (b) an information record in respect of the entity;

  • (c) if the entity is a corporation, a copy of the part of its official corporate records that contains any provision relating to the power to bind the corporation in respect of transactions with the money services business or foreign money services business; and

  • (d) a list containing the name, address and date of birth of every employee of the entity who is authorized to order a transaction under the agreement.

  • SOR/2019-240, s. 28
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