Reporting persons and entities must submit a
terrorist
property report if they have property in their possession or
control that they know is owned or controlled by or on behalf of a
terrorist or a terrorist group. This includes information about any
transaction or proposed transaction relating to that property.
In this context, property means any type of real or personal property.
This includes any deed or instrument giving title or right to property, or
giving right to money or goods. For example, cash, bank accounts,
insurance policies, money orders, real estate, securities, and traveler's
cheques, among other types of assets, are considered property.
A terrorist or a terrorist group includes anyone that has as one of
their purposes or activities facilitating or carrying out any terrorist
activity. This can be an individual, a group, a trust, a partnership or a
fund. It can also be an unincorporated association or organization. A
terrorist group will also include anyone on a list published in
Regulations issued under the Criminal Code. More information about
this list is available from the following Web sites:
Once you know that any property in your possession or control is owned
or controlled by or on behalf of a terrorist or a terrorist group, or
after any transaction is proposed for such a property, a
terrorist property report must be sent to FINTRAC without delay.
For more information about this, please see FINTRAC
Guideline 5: Submitting Terrorist
Property Reports to FINTRAC.
If you do not know that you are dealing with a terrorist, but suspect
that you might be, then a suspicious
transaction report is required if a transaction occurred.
For more information about submitting reports to FINTRAC relating to
suspicions of terrorist financing, terrorist-related offences or other
Government of Canada efforts to combat terrorism and terrorist activities,
refer to:
You may also wish to consult the following Web sites:
WHAT MUST BE REPORTED?
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