Do you mean our perceived role in this issue?
We regulate financial institutions on a domestic basis. We have no authority to compel those financial institutions to disobey the laws of the foreign jurisdictions in which their subsidiaries operate.
On November 18th, 2024. See this statement in context.
November 18th, 2024 / 4:35 p.m.
Senior Economist, Financial Sector Policy Branch, Department of Finance
Do you mean our perceived role in this issue?
We regulate financial institutions on a domestic basis. We have no authority to compel those financial institutions to disobey the laws of the foreign jurisdictions in which their subsidiaries operate.
See context to find out what was said next.