Well, I would suggest that this, in itself, is a problem. There needs to be a lead department or lead agency that is responsible for the administration, coordination and enforcement of sanctions. As we've seen in other cases, if there is no lead, things get lost in the shuffle. The buck has to stop somewhere on enforcement. It is my view that one of reasons we don't do that well in sanctions enforcement is this problem within the machinery of government.
We have a number of new initiatives coming online to try to beef up our enforcement of sanctions. That's just going to add to the organizational complexity of the current system, which is already complex. I think about the new federal beneficial ownership registry that's going to be coming online. That's going to be under the industry department. We have the proposed new Canada financial crimes agency. That will be another organization within the machinery. If there's no lead with those proposed entities, with FINTRAC, with GAC or with Public Safety, then I think it's going to lead to weaker enforcement.
Perhaps I could ask you a question on this proposed Canada financial crimes agency, which was announced over 12 months ago. Where is that going to fit into sanctions enforcement?