in relation to any action taken by the institution or person in complying with a ^* monitoring order or in the mistaken belief that action was required under the order.

(2) A ^* financial institution, or person who is an ^* officer, employee or ^* agent of a financial institution, who provides information under a ^* monitoring order is taken, for the purposes of Part 10.2 of the Criminal Code (offences relating to money-laundering), not to have been in possession of that information at any time.