8 Ensuring proper record keeping

Licensees are required to keep records of certain transactions, accounts and client identity.

These records must be kept in such a way that they can be provided to FINTRAC within 30 days of a request:

1. Reports
   1. Suspicious transaction reports
   2. Terrorist property report
   3. Large cash transaction reports
   4. Large virtual currency transaction reports
2. Large cash transaction records
3. Large virtual currency transaction records
4. Receipt of funds records
5. Information records
6. Documents concerning unrepresented parties
7. Records of reasonable measures

A FINTRAC guideline "Record keeping requirements for real estate brokers" specifies the types of records that must be kept.¹