The only thing I worry about with monetary policy—I equate it sometimes to photo radar—is if you can afford to pay, it's not a big deal.
I know, as an insurance broker before I was elected, there was a temporary suspension of licence for those who were not living up to their responsibilities. Is that something you would suggest? Does the industry itself...? Part of being an insurance broker required constant retraining in order to have your licence renewed. Every year you had to provide proof to the registrar that you were being retrained.
Does the industry have that? Is that another function you could consider? Have you ever thought of suspending licences in addition to monetary penalty?