Thursday, November 22, 2007
Proposed New Money Laundering and Terrorist Financing Regulations
“A man must live like a great brilliant flame and burn as brightly as he can. In the end he burns out but this is far better than a mean little flame”. Boris Yeltsin
What do you know about money laundering and terrorist financing regulations compliance that realtors must adhere to?
CREA set out a Call to Action Campaign regarding the new proposed regulations that apply only to REALTORS and not to other professionals who can sell real estate, such as lawyers. The new regulations are slated to become law in June 2008.
See full Article.