Thank you.
My next question is for Matthew McGuire of the Chartered Professional Accountants of Canada.
In the written paper you presented, you say:
Common among reporting entity sectors is a frustration with identification standards, particularly in cases where the client is not physically present at the time of identification. Altogether, the program of client identification is not proportionate to risk, is burdensome compared to the regimes in other countries, and that situation does not appear to be addressed in this bill.
I wonder if you could elaborate on those comments.