I actually said the same thing in the zcash community forum and rage quit a debate, i understand exactly what you mean.
FINTRAC has proven they are not capable of regulating International trade, the example is the Vancouver Stock Exchange. I do not respect this agency or is lackluster approach to financial regulation in Canada. The agency’s we are debating complying with should immediately be sent cease and desist orders for their human rights violations, not considered a threat, they are criminals because they didn’t commit to their duty to report internal corruption on so many occasions, there is no premise for trust to be discussed when they think we should trust their ethics on “how to legally transact” when they are guilty of crimes they don’t answer to.
https://forum.zcashcommunity.com/t/fatf-possible-death-of-privacy-coins/33601/34?u=phusionphil