I can speak to the fact that banks remain responsible and accountable for the personal information of their clients. When they contract with a third party, let's say, and outsource the processing of data, they are responsible in those circumstances to ensure that the privacy and security safeguards are in place. They would inform their clients that their data was being stored in another jurisdiction and was subject to that jurisdiction's laws.
The important thing to remember is that when they've outsourced their data, it doesn't mean they've outsourced their obligations. Canadians can feel confident and secure that their data is being protected by the banking industry.