The Tribune reported on May 16, 2001 that Attorney Leandra Esfakis, a member of the Bar Association’s Commercial Law Committee, “strongly rejected the newly-formed Compliance Commission’s authority to conduct annual examinations of all institutions under its authority, arguing that such powers were unconstitutional and discriminatory.”
On another occasion she stated that under the Acts, —
1. “We are obliged to report to a Financial Intelligence Unit those individuals of whom we may have suspicions; and
2. “We are subject to searches by the Inspector of Companies and the Compliance Commission —
