From the Board Table
The RAHB Board of Directors met twice in January, and the following business was considered:
- The 2014 Board and Standing Committees were approved, these include: Audit, Finance, Governance, MLS®, Nomination, Arbitration, Discipline and Professional Standards.
- The Strategic Plan was approved.
- Directors discussed changes to the MLS® Policies.
- Voting delegates for CREA and OREA were assigned.
Join us!
RAHB has three social media sites for members to join and participate in:
Facebook and LinkedIn – join our members-only groups and see what everyone is talking about. It’s easy – just go to the RAHB page on each site and ask to join; any full member of RAHB is eligible to be part of the groups.
Google+ – we are using Google+ Hangouts for broadcasting some RAHB member meetings – watch for invitations from us when there’s a meeting coming up. You have to have a Google+ account before you can join in, though, so join now and be ready for your invitation.
New Information about FINTRAC
All Brokers of Record and Managers were sent new information about how members can more easily meet their obligations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and Regulation. The new information came as a result of meetings between CREA and the Financial Transaction and Reports Analysis Centre of Canada (FINTRAC).
Members can read more about the new information at http://rahb.ca/notices/2014/FINTRACfyi.pdf.
Who are they?
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Canada’s financial intelligence unit, was created in 2000. It is an independent agency, reporting to the Minister of Finance, who is accountable to Parliament for the activities of the Centre. It was established and operates within the ambit of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and its Regulations.