The two regimes are similar, but they're not the same. The Americans do penalize for money laundering. We do not penalize for money laundering. We penalize for non-compliance with the legislation. If we were to see, through an examination, facts that are so egregious, we have the capacity to disclose to the RCMP. Then the RCMP would decide whether a criminal investigation on money laundering is warranted.
On April 11th, 2017. See this statement in context.