Finance committee  Sure. As I said, Canada is just one country in the global regime. The Financial Action Task Force is the first and foremost authority when it comes to creating standards. I think other countries have similar challenges to us. Beneficial ownership is an issue that's shared among jurisdictions.

Finance committee  Based on the Constitution, there is a division of powers. The regimes are complementary in some regards, but at the same time, provinces have oversight of some aspects of the regime that the federal government does not. I think I've spoken to work at the working level, from our perspective, with federal and provincial territorial partners.

Finance committee  Finance has the overall lead for the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. That being said, we don't have a line of sight on the criminals and what they're doing. That would be police services and our intelligence partners. They live more of the criminality aspect.

Finance committee  Yes.

Finance committee  Yes, Finance does have the lead, and we have an internal governance structure, which is probably bureaucratic in nature. At the DG, ADM and DM levels, there are regular touchpoints specifically on AML.

Finance committee  We can certainly undertake that. I think that would probably be more within our intelligence and enforcement partners, but we can take that back.

Finance committee  There have been some changes to the Criminal Code. To be honest, the Criminal Code rests squarely under the Department of Justice's purview. They would certainly welcome your questioning of them. I know they've worked on a number of measures in that regard, but they'll be able to provide you with a more fulsome answer on those—

Finance committee  A number of resources have been provided. I think I spoke about the $320 million that has been given to different regime partners to move that forward, including to the RCMP. They have created teams dedicated to money laundering. There was the creation of what we call FC3 within Public Safety Canada, which is charged with the coordination of the regime more broadly as well.

Finance committee  I don't. That would be a question that FINTRAC could answer more specifically.

Finance committee  Sure.

Finance committee  As you say, it's an area of focus and one that was identified in the NIRA. Recently, I believe, it was in the fall economic statement. We put forward measures that would allow FINTRAC to start sharing information with the Department of Environment and Climate Change, with a view to addressing some of the risks that are arising and the link between money laundering and environmental crimes.

Finance committee  On transparency in particular, I will point to the beneficial ownership registry, which has just been launched and is aimed at attracting transparency.

Finance committee  To the extent that organized crime groups are hiding behind shell corporations, yes, potentially.

Finance committee  It may not have. We don't know the nature of the criminal organizations here.

Finance committee  On car thefts in particular, I'm not sure. I think we'd have to talk to police services. They have a better understanding of how criminality is set up. The goal of beneficial ownership is to provide more transparency on who the ultimate owners of corporations are.