Mr. Darren Hannah at the Finance Committee

On February 27th, 2014. See this statement in context.

February 27th, 2014 / 4:10 p.m.

Acting Vice-President, Policy and Operations, Canadian Bankers Association

I won't go too far down on FATCA, but in the case of FATCA, you're talking about whether or not there's actually any income earned on this as opposed to simply a transaction.

If we're talking about transactions, those are not directly related to FATCA. FATCA relates to income that's earned or accrued.

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