Refine by MP, party, committee, province, or result type.
Finance committee All of our tactical and strategical analytical staff are located here in Ottawa, but we do have three regional offices: one in Montreal, one in Vancouver, and one in Toronto. The focus of those regional offices is compliance and outreach with our reporting entities. They're respo
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee All financial institutions that are subject to the legislation are obliged to collaborate. So that includes banks, credit unions, casinos, and securities dealers. They're all obliged to collaborate.
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee Yes, it includes life insurance companies.
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee The Department of Public Safety is of course the lead on the law enforcement part of the strategy, and we work very closely with not only the department but the RCMP and CSIS in terms of providing them with intelligence for their investigations. Primarily, our relationship would
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee As I indicated, all of our analysis happens here in Ottawa, so we will be adding additional analysts to our team to provide additional intelligence. In terms of law enforcement and compliance, I think FINTRAC will take some time to assess where the pressure is strongest in term
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee Perhaps I could just talk generally about the role that FINTRAC plays. As you are probably somewhat aware, we receive reports from financial institutions and intermediaries about large cash transactions, so reports on any cash transaction over $10,000, any international electro
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee Do you mean how much value we're getting for this money?
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee I think it's a very important question and a question that has to be answered in the context of the entire initiative, because as you have indicated FINTRAC has just one very specific role to play. We actively seek feedback from our partners about the value of our intelligence
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee What I was going to get to, though, is that part of the performance measurement framework that the Department of Finance is working on with all of the initiative partners will be important to being able to answer some of those questions.
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee Yes.
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee Sure. And certainly to repeat some of what I said before, I think that FINTRAC's value, in terms of what we contribute in intelligence to law enforcement, is measured by the value that we provide to their investigations. We certainly do make disclosures to CRA, and we continue to
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee Not that—
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee Absolutely, yes. Absolutely, Bill C-25—
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee Yes.
March 3rd, 2008Committee meeting
Janet DiFrancesco
Finance committee There are some limitations on what CRA can disclose, certainly, because of their legislative framework, but FINTRAC can disclose the same amount of information to CRA that it would disclose to any other law enforcement—
March 3rd, 2008Committee meeting
Janet DiFrancesco