Harry is a life insurance agent. His client, George wishes to make a $200,000 deposit to a non-registered segregated fund naming his wife as the beneficiary. In the course of the interview Harry discovers that George was a government minister in a foreign country. 

Does Harry have to report George to FINTRAC?

Answer rating: 100% (QA)

As a life insurance agent Harry is considered a reporting entity under Canadas antimoney laundering ... View the full answer