On March 20th, the Canadian Parliament's Standing Committee on Banking released a report discussing Canada's efforts to combat money laundering. The report makes 18 recommendations focused on the desired structure and performance of the country's AML regime; balancing the need to share information with privacy concerns; and the optimal scope and focus of the regime. It also recommends that law enforcement agencies have direct access to the Financial Transactions and Reports Analysis Centre of Canada, which acts Canada's clearinghouse for the detection, prevention, and deterrence of money laundering.