That's a very good question. There have been a number of studies, and the financial action task force, I think, has highlighted that. The one area in which we have been grossly inadequate, and I believe November's upcoming audit of FATF will bear this out again, is the whole enforcement side of financial crime. I think a number of factors have led to this, but if you look at enforcement and prosecution, I think it's important for this committee to understand there's a good case, if you have time, called the Chun and Lech case out of Montreal. I actually testified in that as an expert, starting in 1993. That case just went to conviction last month. This was not terrorist, but it was major organized crime with hundreds of millions of dollars of money laundered back to Cambodia. It took 12 years to get through a process. Think of the resources that are tied up for that. I can tell you that most of the original investigators have been transferred several times to get through this. That's the type of thing that is creating, I would say, the problems in our system.
On April 23rd, 2015. See this statement in context.