As I've said before, these risks of money laundering and terrorist financing are evolving continually. As opposed to necessarily an oversight body, I believe the regime is subject to periodic parliamentary review, and I think as part of that review we should have a comprehensive, third-party, independent analysis of the entire regime to identify potential areas for improvement that would include perhaps FINTRAC as well as others.
On April 30th, 2015. See this statement in context.