Okay, thank you.
Mr. Wrobel, welcome back to the committee, by the way. You've spent quite a bit of time with us over the years.
You have expressed concern over FATCA, particularly over document retention requirements and the complexity of the act. But you've also spoken in favour of intergovernmental agreement processes the U.S. is developing with a number of European countries, including the U.K.
What would be the key components of a parallel arrangement for Canada?
I'd appreciate also hearing from others as to the efficacy of these types of arrangements.