We don't have a specific fixed cost, but our internal analysis at this point suggests that the compliance cost would be around $30 million at FINTRAC. At this point, that's the estimated amount that would be recovered from industry.
Acting Director General, Financial Crimes Governance and Operations, Financial Systems Division, Financial Sector Policy Branch, Department of Finance
We don't have a specific fixed cost, but our internal analysis at this point suggests that the compliance cost would be around $30 million at FINTRAC. At this point, that's the estimated amount that would be recovered from industry.
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