The third element of the strategy is to maintain the high quality of bank  BIS Review 113/2009  1  notes in circulation. And the fourth is to promote the deterrence of counterfeiting by lawenforcement officers and prosecutors. Regional staff also play key roles in supporting these last two elements of the strategy by liaising with financial institutions and with lawenforcement agencies.
As part of its deterrence work, the Bank has established an annual "Law Enforcement Award of Excellence for Counterfeit Deterrence." This year, the award was presented in Charlottetown to the RCMP's National Anti-Counterfeiting Bureau during the conference of the Canadian Association of Chiefs of Police. Transparency is also important in our currency work.