In terms of discussions that FINTRAC might have been having with HSBC, we're not aware of those. In the context of approving the transaction, the minister did impose criteria on RBC in regard to enhanced due diligence and ensuring that they do a full accounting of their AML and ATF practices, with a view toward ensuring that the practices are in accordance with what is expected under the PCMLTFA. That was a precondition that was agreed to by RBC.
On February 8th, 2024. See this statement in context.