OUCO
These are the two categories that an undercover operation can fall into.
What are major and minor?
This FIRAC term means torture or other cruel inhuman or degrading treatment or punishment.
What is Mistreatment?
This report must be submitted to FINTRAC when a reporting entity knows property is owned or controlled by a terrorist or terrorist group.
What is a Terrorist Property Report (TPR)?
Primary Inspection Kiosk (PIK) information is held for these many years.
What is 7 years?
This Canadian law establishes the requirements for banks to help prevent money laundering and terrorist financing.
What is the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA)?
This person is responsible for the well being of the UC operator and is primary contact for investigators.
What is cover person?
To meet this threshold, a risk must be personal, present and foreseeable; based on more than mere theory or speculation; and more likely than not to occur.
What is Substantial Risk Threshold?
These two main activities that FINTRAC is mandated to detect, prevent and deter while protecting personal information.
What are money laundering and the financing of terrorist activities?
Whether entering or leaving Canada, travelers must declare if they are carrying this in an amount of CAD $10,000 or more.
What is currency or monetary instruments?
This money transfer system operates without formal banking records and often provides more favorable exchange rates than traditional banks.
What is Hawala (or What is an Informal Value Transfer System)?
This unit can actively engage a subject online to aid, assist, dismantle, disrupt or provide evidence.
What is the OUCO (Online Undercover Operations) Unit?
This Act's obligations apply to all individuals regardless of their citizenship status in information exchanges.
What is ACMFEA (Avoiding Complicity in Mistreatment by Foreign Entities Act)?
This threshold determines if information is "relevant to investigating or prosecuting a money laundering offence, a terrorist activity financing offence" according to s.55(3) PCMLTFA (Proceeds of Crime (Money Laundering) and Terrorist Financing Act).
What are reasonable grounds to suspect?
In December 2018, this bill amended the Customs Act giving CBSA authority to collect basic biographic information on travelers departing Canada by land and air.
What is Bill C-21?
These financial instruments can be funded in one country and spent globally while maintaining user anonymity, making them attractive for illicit purposes.
What are prepaid cards (or credit cards)?
These three entities must all approve an operational plan that includes an undercover component.
What are Divisional Criminal Operations (CrOps), National HQ Covert Operations, and Federal Policing National Security (FPNS)?
These three actions involving information with a foreign entity that includes personal identifiable information constitute an Information Exchange.
What are requesting, disclosing, and using information?
FINTRAC collaborates with over 100 foreign Financial Intelligence Units (FIUs) through Memoranda of Understanding (MOUs). When a disclosure contains foreign FIU information, it may have this restriction, meaning it cannot be further disseminated without the originating country's permission.
What is a caveat?
The CBSA has several legal authorities under which it can disclose information to Canadian law enforcement. Name any three.
What are the Customs Act, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), the Privacy Act, the Canada Border Services Agency Act, and the Immigration and Refugee Protection Act (IRPA)?
These TWO primary obligations are placed on chartered banks under PCMLTFA to prevent financial crimes.
What are record-keeping AND client identification requirements?