The legislation would allow FINTRAC to disclose additional information to law enforcement agencies. This would make their disclosures more useful to law enforcement. For example, if a financial institution were to submit a suspicious transaction report, FINTRAC can disclose the grounds for suspicions.
Previously, FINTRAC wasn't allowed to pass on that information to law enforcement. But under this legislation, it would be able to share the rationale or explanation of what was suspicious that came from the financial institution.