MCE: FINTRAC Compliance

MCE: FINTRAC Compliance

How much do you know about FINTRAC and its requirements for the real estate sector?

If you are unclear about your FINTRAC obligations or want to learn about the updated requirements, then the new FINTRAC Compliance elective is for you!

RECO’s new MCE elective starts by reviewing FINTRAC’s mandate, applicable legislation and indicators of money laundering and terrorist financing.

The course covers the three obligations for individual registrants: know-your-client, reporting and recordkeeping.

But it doesn’t stop there! FINTRAC obligations aren’t just for salespeople, and the course explores a brokerage’s responsibilities as well.

Lastly, you will be able to apply your knowledge in a series of FINTRAC scenarios on individual obligations, plus a challenge section on brokerage compliance.

Ready to learn more about FINTRAC Compliance? Log into your MyWeb account.