In the event that FINTRAC defines a number of criteria to determine whether transactions are suspicious or not, how would the Department of Finance interact with police authorities? How can you assess the merits of a decision to forward information? Will the department or parliamentarians be regularly informed of the criteria used to determine whether there are reasonable grounds to think that a transaction is suspicious? There has to be some interaction, because a single organization cannot be left to determine such criteria. That way we can assess the quality of the work done by FINTRAC. Does the act provide for such an interaction mechanism?
On October 31st, 2006. See this statement in context.