Michel Picard at the Public Safety and National Security Committee

On January 28th, 2019. See this statement in context.

January 28th, 2019 / 3:45 p.m.

Liberal

Michel Picard Liberal Montarville, QC

I have a couple of quick questions.

Your agency comes into play when an incoming or outgoing transaction of $10,000 is reported to you. Are your algorithms limited to transactions of $10,000, or do they also analyze cases where a scheme is used to divide an amount of much more than $10,000 into several smaller transactions that will go undetected under the radar?

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