Let me try to take you through the steps, and let me try to be helpful to the committee, as I represent the industry.
We identify who is opening the account and understand the source of the income. They have to be able to explain where it came from.
February 14th, 2013 / 9:35 a.m.
Vice-President, Policy and Operations, Canadian Bankers Association
Let me try to take you through the steps, and let me try to be helpful to the committee, as I represent the industry.
We identify who is opening the account and understand the source of the income. They have to be able to explain where it came from.
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