Finance committee  I'll answer your question—briefly generally, first. We were subject to reviews by the Auditor General a couple of years ago, as well as by the Treasury Board, with respect to value for money.

Finance committee  Exactly. I'll do that. The Egmont Group itself contributes through its facilitating operational cooperation to greater information sharing. So that's a benefit in everyone's global fight against money laundering and terrorist financing.

Finance committee  The benefit to Canada is that we are playing a leading role in making this organization more effective and more sustainable, by helping it establish itself with a more robust secretariat in Canada.

Finance committee  I think we do have those things, but I wouldn't directly link them to the Egmont Group secretariat. The Egmont Group secretariat will be supporting the entire international organization.

Finance committee  I think, as you note, we have been subject to review by the Auditor General in terms of value for money.

Finance committee  As an agency, we don't collect that information, because that's not our role. We provide intelligence at the front end.

Finance committee  You'd be best posing that question to law enforcement agencies or to the Department of Justice. We understand from things we see in the media, for example, that certainly some of our cases have led to prosecutions and convictions, but we don't comment on specific cases, and that

Finance committee  Yes. I think there's a bit of an unfortunate timing issue from the perspective of our report on plans and priorities, which is also a Treasury Board requirement. It has just been released or is being released and made public today. That contains considerably more detail on our bu

Finance committee  We wouldn't directly do that. The law societies themselves would be self-regulating. But with the Department of Finance, we are looking at what sort of mechanism should be put in place via an MOU, let's say.

Finance committee  It would be more a case of ensuring that some of the provisions in Bill C-25 related to client ID, to knowing your client--due diligence measures--are done. That is a requirement flowing from Bill C-25. That's a new element in the regime, and that's one of the key things they'd b

Finance committee  First of all, the current provisions would not require lawyers to report that. There would be some ongoing monitoring by the law societies themselves with respect to their compliance with the $7,500 cash rule. Working with the Department of Finance and the law societies, we would

Finance committee  I think we've always been, for some time now, among the world leaders. I think the standards by the international FATF are evolving because the challenge is evolving. So all of us, as an international community, need to adjust to the new standards and put them in place. I think

Finance committee  Thank you. I can comment briefly, but I think the best place to pose your questions would be the Department of Finance. They have the policy lead for the regime, and I understand they will be here in the next three or four weeks, so that would be a good opportunity to discuss th

Finance committee  The short answer is no. The slightly longer answer is that these investigations take a considerable period of time, often a number of years. The ones we disclosed very recently are probably in progress. We occasionally learn anecdotally through media reports that our disclosures

Finance committee  I absolutely agree with you. In order to ensure that taxpayers are getting value for FINTRAC's work and for the work of the entire regime, which involves significant expenditures, there should be robust measurements in place, and that is certainly the direction in which we're mov