Finance committee  If you're asking me if it's actually specifically in the bill, what I'm saying is that there's a memorandum of understanding that must be approved by the minister, and it makes the privacy protection provisions a key component so that the information cannot be shared.

Finance committee  We have not made any changes in respect to the privacy side.

Finance committee  FINTRAC is already subject to extensive oversight and reporting requirements. It tables an annual report in Parliament, as you know. It submits a departmental performance report annually, a report on planning and priorities. It's subject to the privacy legislation. It has to repo

Finance committee  I can't answer that question. That's a question for the Senate.

Finance committee  I'm not sure what your reference is to four changes.

Finance committee  At a very high level, those are the key components.

Finance committee  I think what the honourable member was referring to is the fact that the Proceeds of Crime (Money Laundering) Act was, post-September 11, 2001, amended by the Anti-terrorism Act to add a terrorist financing mandate to FINTRAC's existing money laundering mandate. The Anti-terroris

Finance committee  Yes, it was budgeted for. The funds required to implement these initiatives were allocated in budget 2006. That's the $64.4 million over two years that was referred to.

Finance committee  Yes, she has been consulted. There have been a number of meetings with the Office of the Privacy Commissioner, but I would let her speak for herself.

Finance committee  I don't have numbers for you in terms of the scope of the problem, because by its very nature, this activity is happening under the table, if you will. But the indication that we have from some international studies is that there is a significant international and global problem

Finance committee  A number of things would impact that small law firm. The first, and I think the most important, from that example is that law societies on their own have imposed a cash prohibition rule on lawyers so that they cannot accept large amounts of cash. They can't accept more than $7,50

Finance committee  I think an important--

Finance committee  As indicated in the consultation paper that the Department of Finance issued last year, that is something we will be moving forward on. It will be done by way of regulations.

Finance committee  It's just a question of how the legislation is currently structured. We're working with an existing piece of legislation, so those kinds of additions are made by way of regulations.

Finance committee  It's just a technicality in that it's something that is done by way of regulations rather than legislation, but it's something that we're fully in agreement with the Senate on.