FINTRAC has more personal information in its database than it needs, according to an audit conducted by the Office of the Privacy Commissioner of Canada (OPC).
The audit, which was tabled in Parliament today, followed up on recommendations from a previous audit conducted by the OPC in 2009. It found that FINTRAC needed to do more to ensure that the amount of personal information it acquires is kept to an absolute minimum.
Read more on Advisor.ca.