Tako Van Popta at the Public Safety and National Security Committee

On February 10th, 2022. See this statement in context.

February 10th, 2022 / 1:45 p.m.

Conservative

Tako Van Popta Conservative Langley—Aldergrove, BC

Thank you very much.

Thank you, Mr. MacKillop and Ms. Ryan, for being here and informing us about the important work that you do.

I want some clarification maybe from Mr. MacKillop.

If my understanding of your testimony is correct, a crowdfunding platform is not regulated by FINTRAC, so they would never make the report. It is the money services businesses that are feeding money to the crowdfunding platform or the banks receiving the money from a crowdfunding platform that are regulated to report suspicious transactions.

Is my understanding correct?

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