What is a reporting requirement required under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act ("PCMLTFA")? a. None. The PCMLTFA is a federal law and does not apply to real estate professionals regulated in British Columbia; b. Property Managers are required to report the identity of the owners of the property they manage; c. Licensees must report suspicious transactions to FINTRAC; or d. Licensees must report the address and sale price of any real estate transaction they take part in