Working with Clients: A Practical Guide to Anti-Money Laundering Requirements

Knowing your client is one of the most important obligations you have as a real estate professional. As part of your know your client responsibilities under the PCMLTFA, you must ensure that the information your client provides you with corresponds with their identification documents and other information sources like BC’s new Land Owner Transparency Registry, Land Title records and the Corporate registry where appropriate.

To assist you with explaining your federal anti-money laundering obligations, in this video, we’ll walk through a typical client interaction.