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  • Record Keeping

    • CRA-8.4.4

      A licensee must ensure that proper records of the client's custody account which it holds or receives, or arranges for another to hold or receive, on behalf of the client, are made and retained for a period of ten years after the account is closed.

      Added: April 2019

    • CRA-8.4.5

      For the purpose of Paragraph CRA-8.4.4, the records must capture at a minimum the following details:

      (a) The name of the account;
      (b) The account number;
      (c) Type of account;
      (d) The location of the account;
      (e) Whether the account is currently open or closed;
      (f) Details of crypto-assets held and movements in each account; and
      (g) The date of opening and where applicable, closure.
      Amended: April 2023
      Added: April 2019