Nick Le Pan, former Superintendent of Financial Institutions, has been tapped to serve as senior expert advisor to the RCMP on its Integrated Market Enforcement Teams.

The government announced the creation of the role in the latest federal budget. In his new position, Le Pan will help develop and guide the implementation of a plan to improve the effectiveness of the RCMP’s IMETs, which investigate and prosecute major corporate fraud and capital market crimes.

“Canada’s new government is committed to tackling all crime, including capital market fraud and white-collar crime,” said Stockwell Day, Minister of Public Safety, in announcing the appointment. “With the expertise that Mr. Le Pan brings to the table, we will be better equipped to effectively investigate and prosecute these serious crimes.”

“Strong enforcement is critical to protect investors and promote healthy capital markets in Canada,” said federal Finance Minister Jim Flaherty. “Mr. Le Pan brings a unique skill set to this task, and has the knowledge and experience to carry it out.”

Le Pan served as Superintendent of Financial Institutions from 2001 to 2006. He will make recommendations to the commissioner of the RCMP by October and will then support efforts to implement improvements.