Proceeds of Crime (Money Laundering) and Terrorist Financing Suspicious Transaction Reporting Regulations — 1
1 (1) [Repealed, SOR/2016-153, s. 1] (2) The following definitions apply in these Regulations. accountant [Repealed, SOR/2019-240, s. 1] accounting firm [Repealed, SOR/2019-240, s. 1] Act means the Proceeds of Crime (Money Laundering) and Terrorist Financing Act . ( Loi ) British Columbia notary corporation [Repealed, SOR/2019-240, s. 1] British Columbia notary public [Repealed, SOR/2019-240, s. 1] cash means coins referred to in section 7 of the Currency Act , notes issued by the Bank of Canada under the Bank of Canada Act that are intended for circulation in Canada or coins or bank notes of countries other than Canada. ( espèces ) cash or currency [Repealed, SOR/2002-185, s. 2] casino means a government, organization, board or operator that is referred to in any of paragraphs 5(k) to (k.3) of the Act. ( casino ) CICA Handbook [Repealed, SOR/2019-240, s. 1] credit union central [Repealed, SOR/2019-240, s. 1] dealer in precious metals and stones [Repealed, SOR/2019-240, s. 1] electronic funds transfer [Repealed, SOR/2019-240, s. 1] fiat currency means a currency that is issued by a country and is designated as legal tender in that country. ( monnaie fiduciaire ) financial entity [Repealed, SOR/2019-240, s. 1] financial services cooperative [Repealed, SOR/2019-240, s. 1] funds means (a) cash and other fiat currencies, and securities, negotiable instruments or other financial instruments that indicate a title or right to or interest in them; or (b) a private key of a cryptographic system that enables a person or entity to have access to a fiat currency other than cash. For greater certainty, it does not include virtual currency. ( fonds ) jewellery [Repealed, SOR/2019-240, s. 1] legal firm [Repealed, SOR/2003-102, s. 1] life insurance broker or agent [Repealed, SOR/2019-240, s. 1] listed person or entity means (a) a terrorist group as defined in subsection 83.01(1) of the Criminal Code ; (b) a person or entity that is the subject of an order or regulation made under the United Nations Act ; (c) a person or entity that is the subject of an order or regulation made under the Special Economic Measures Act ; (d) a foreign state , as defined in section 2 of the Special Economic Measures Act , that is the subject of an order or regulation made under that Act or the United Nations Act ; or (e) a person who is the subject of an order or regulation made under section 4 of the Justice for Victims of Corrupt Foreign Officials Act (Sergei Magnitsky Law) . ( personne ou entité inscrite ) money services business [Repealed, SOR/2016-153, s. 1] precious metal [Repealed, SOR/2019-240, s. 1] precious stones [Repealed, SOR/2019-240, s. 1] real estate broker or sales representative [Repealed, SOR/2019-240, s. 1] real estate developer [Repealed, SOR/2019-240, s. 1] SWIFT [Repealed, SOR/2019-240, s. 1] trust company [Repealed, SOR/2019-240, s. 1] virtual currency means (a) a digital representation of value that can be used for payment or investment purposes that is not a fiat currency and that can be readily exchanged for funds or for another virtual currency that can be readily exchanged for funds; or (b) a private key of a cryptographic system that enables a person or entity to have access to a digital representation of value referred to in paragraph (a). ( monnaie virtuelle ) SOR/2002-185, s. 2; SOR/2003-102, s. 1; SOR/2003-358, s. 1; SOR/2007-122, s. 1; SOR/2007-293, s. 1; SOR/2008-21, s. 1; SOR/2009-265, s. 1; SOR/2016-153, s. 1 SOR/2019-240, s. 1 SOR/2020-112, s. 1 SOR/2024-267, s. 1