Money Laundering

Welcome » Agent » Professional Standards » Money Laundering

Money laundering is moving money earned illegally into legitimate financial instruments, such as life insurance with cash values, segregated funds and annuities.

An advisor must inform the Financial Transaction and Analysis Centre about
* transactions of $10,000⁺ (cash or electronic fund transfers)
* suspicious transactions of any size

The content is meant to be accurate when written. Be sure to use your judgment and consider consulting your advisors for help with your specific situation. Please send suggestions and corrections to info@riscario.com. Better still, why don't you or your advisors volunteer to make this wiki better?
Copyright, Taxevity, 2006 - 2012

thirtyseven.ca

Bringing Transparency To Life: learn at Riscario and treat at Taxevity

PS Network

agent definitions law

page revision: 3, last edited: 23 Sep 2007 21:26

Edit Tags History Files Print Site tools + Options

Click here to edit contents of this page.

Click here to toggle editing of individual sections of the page (if possible). Watch headings for an "edit" link when available.

Append content without editing the whole page source.

Check out how this page has evolved in the past.

If you want to discuss contents of this page - this is the easiest way to do it.

View and manage file attachments for this page.

A few useful tools to manage this Site.

See pages that link to and include this page.

Change the name (also URL address, possibly the category) of the page.

View wiki source for this page without editing.

View/set parent page (used for creating breadcrumbs and structured layout).

Notify administrators if there is objectionable content in this page.

Something does not work as expected? Find out what you can do.

General Wikidot.com documentation and help section.

Wikidot.com Terms of Service - what you can, what you should not etc.

Wikidot.com Privacy Policy.

Riscario

Promoting insurance literacy in Canada since 2006

Basics

T-I-R-E

Getting Help

PS Network

Market Better

Spark Insight

Grasp Risk

Tame Risk