Banking, Trade and Commerce – December 6, 2012

In Committee from the Senate of Canada

Banking, Trade and Commerce – December 6, 2012

Banking, Trade and Commerce

Gérald Cossette, director of the Financial Transactions and Reports Analysis Centre of Canada, testifies 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.

FINTRAC’s new director, who has been in his position since October 15, touches on issues such as the increased demand for the agency’s financial intelligence and its efforts to strengthen its capacity as an intelligence agency.