The Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the “Act”) was enacted to help law enforcement officials detect, investigate, and prosecute money laundering and offences relating to the financing of terrorist activities. On Feb. 20, 2009, portions of the Regulations Amending Certain Regulations Made Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act will come into force adding real estate developers to the list of persons and entities that are subject to the Act. Take our quiz and see if you are up to speed on what real estate developers will have to do to comply with the Act.
Feb 1, 2009
Money Laundering and Real Estate Development Quiz
Canadian Lawyer IN HOUSE Magazine