Life Insurance companies, brokers and agents

A life insurance company is considered a life or foreign life company under which the Insurance Companies Act applies or a life insurance company that is regulated by the Provincial Act. A life insurance broker or agent is an individual or entity that is registered/licensed under the provincial legislation to carry out the business of arranging contracts regarding life insurance.

Obligations under the PCMLTFA

  • Have a comprehensive and effective compliance program in effect
  • Report any suspicious transactions, terrorist property, large cash transactions
  • Record Keeping
  • Foreign Branches, subsidiaries, and affiliates

Services offered are:

  • AML/CTF Compliance Audit review

Services offered: AML/CTF Compliance Audit review

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