Have you seen the new CREA television ads?
See all three versions of this year’s television ad campaign:
http://www.realtorlink.ca/portal/server.pt/community/tv_campaigns/
1066/television_ads/154234
New CREA FINTRAC resource materials help simplify compliance
New resource materials are available to help members more easily comply with FINTRAC obligations, including the new regulatory requirements that took effect on February 1, 2014.
CREA’s resource materials include the new comprehensive Proceeds of Crime (Money Laundering) and Terrorist Financing Act and Regulations 2014 Compliance Regime manual that explains obligations – both existing and new — in a user-friendly, fill-in-the-blank format. Of note, section 3.1.2.11 of the manual specifically pertains to the new regulations. Once completed and tailored to the brokerage’s business, this manual can be used to satisfy FINTRAC’s requirement for documentation of a brokerage’s policies and procedures.
Revised CREA forms, which incorporate the new requirements, are available for download on REALTOR Link® and will be available shortly in WEBForms®. CREA’s FINTRAC FAQ has also been updated with instructions on how brokers may wish to implement the new forms into their brokerage. Through an easy-to-implement format, these new materials complement the over two years of lobbying, which resulted in ten changes and clarifications that significantly and substantively reduce the administrative burden of the new regulations.
All new FINTRAC material is available in REALTOR Link®
– http://realtorlink.ca/portal/server.pt/gateway/
PTARGS_0_138284_3837_597_87480_43/http%3B/
wcipublisher%3B7087/publishedcontent/publish/
national_shared_resources/compliance__centre/money_laundering.htm