Banking, Trade and Commerce – April 4, 2012

In Committee from the Senate of Canada

Banking, Trade and Commerce – April 4, 2012

Representatives from the legal community testified as part of the committee’s Parliamentary review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. The last review of the Act was conducted in 2006.

John J.L. Hunter, president of the Federation of Law Societies of Canada, and Ronald A. Skolrood, a member of the Canadian Bar Association’s Proceeds of Crime Working Group, discussed their concerns about the application of the regime to the relationship between clients and lawyers.