Banking, Trade and Commerce – February 2, 2012

In Committee from the Senate of Canada

Banking, Trade and Commerce – February 2, 2012

Senior Finance Canada officials Diane Lafleur, Annik Bordeleau, Leah Anderson, and Josée Nadeau testified as part of the five-year Parliamentary review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). The witnesses provided an overview of the act, which was adopted in 2000. Financial institutions and others covered by the legislation are required to ask customers for identification.