Mike Allen at the Finance Committee

On May 6th, 2014. See this statement in context.

May 6th, 2014 / 5 p.m.

Conservative

Mike Allen Conservative Tobique—Mactaquac, NB

Thank you very much, Mr. Chair.

I have a couple of questions on the annex. One of them is on the due diligence procedures required by the banks.

If I understand correctly, the first round of due diligence is by July 1, 2014. Is there another due diligence process that is required by the banks by 2016 on pre-existing accounts?

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