The audit Bank of Canada ( RBC ) has released five years of records on behalf of clients , who were revealed in the Panama Papers to federal tax auditors , marking the first public step that the Canadian government has taken to crack down on anyone named in the scandal . The audit agency has also requested all RBC documentation on the due process checks it did on those accounts so as to determine who the real people behind them are . The audit confirms it is compliance with the regulations .
The Royal Bank of Canada (RBC) has released 40 years of records on hundreds of clients, who were revealed in the Panama Papers to federal tax auditors, marking the first public step that the Canadian government has taken to crack down on anyone named in the scandal. The tax agency has also requested all RBC documentation on the due diligence checks it did on those accounts so as to determine who the real people behind them are. The banks confirms it is complying with the demands.