Recently FINTRAC released a report saying how they had found a high percentage of issues in the data they had, but nobody has discussed the lack of reporting in the FINTRAC program itself. Realtors collect the data, but it never gets sent anywhere. It sits in offices around the province just in case FINTRAC asks.
What is your opinion of the already existing owner information gathering and income source reporting that is supposed to be collected for FINTRAC?
AmateurLeather9 karma
Recently FINTRAC released a report saying how they had found a high percentage of issues in the data they had, but nobody has discussed the lack of reporting in the FINTRAC program itself. Realtors collect the data, but it never gets sent anywhere. It sits in offices around the province just in case FINTRAC asks.
What is your opinion of the already existing owner information gathering and income source reporting that is supposed to be collected for FINTRAC?
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