|
Response to Parliamentary Committees |
|
No responses to Parliamentary Committees were submitted in 2007-2008. |
|
Response to the Auditor General including to the Commissioner of the Environment
and Sustainable Development (CESD) |
|
FINTRAC continues to implement the recommendations of the Auditor General’s
November 2004 value-for-money audit of the National Initiative to Combat Money
Laundering. The report made a number of recommendations to strengthen the
Initiative overall and to make FINTRAC more effective. |
|
External Audits or Evaluations |
|
Under Bill C-25, which amended the PCMLTFA in December of 2006, the OPC assumed
oversight responsibility with respect to the measures FINTRAC employs to protect
the information under its control. The Privacy Commissioner is obliged to
conduct a review every two years and report the results of the reviews to
Parliament. The first of these reviews started in 2007. |