Retention: At least five years after the day the STR was submitted. When you submit a Suspicious Transaction Report (STR) to FINTRAC, you must keep a copy of it. You must keep a copy of every report that you submit to FINTRAC as a record. Reports - a copy of every report sent to FINTRAC When an entity's principal business area is 'sales', the record should specify the type of sales, such as 'pharmaceutical sales' or 'retail sales'. For example, when the client's occupation is 'manager', the record should reflect the area of management, such as 'hotel reservations manager' or 'retail clothing store manager'. Being descriptive when recording the nature of the principal business or occupation of a client will help determine whether a transaction or activity is consistent with what would be expected for that client. **Note: When you are required to keep records about clients, you should be as descriptive as possible.

Records for account holders and persons authorized to give instructions.Records of credit extension of $3,000 or more.Foreign currency exchange transaction tickets.Receipt of funds records of $3,000 or more.Records of electronic funds transfers of $1,000 or more.Large virtual currency transaction records.Large Virtual Currency Transaction Reports.Reports - a copy of every report sent to FINTRAC.What records must I keep and what must they contain? ** Note: Throughout this guidance, all references to dollar amounts (such as $10,000) are in Canadian dollars. What are the exceptions to the record keeping requirements?.What are my responsibilities when maintaining records?.What records must I keep and what must they contain?.Politically exposed persons and heads of international organizations guidance for account-based reporting entity sectors.Methods to verify the identity of persons and entities.

What type of payment casinos take