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Rule

Proceeds of Crime (Money Laundering) and Terrorist Financing Act

Application
5.  This Part applies to the following persons and entities:
   (h.1) persons and entities that do not have a place of business in Canada, that are engaged in the business of providing at least one of the following services that is directed at persons or entities in Canada, and that provide those services to their clients in Canada:
    (i) foreign exchange dealing,
    (ii) remitting funds or transmitting funds by any means or through any person, entity or electronic funds transfer network,
    (iii) issuing or redeeming money orders, traveller’s cheques or other similar negotiable instruments except for cheques payable to a named person or entity,
    (iv) dealing in virtual currencies, or
    (v) any prescribed service;

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