The fact of the matter is that the rule is unclear, and that leads to uncertainty as to whether the information should be disclosed or not. I think this is undesirable.
Yes, perhaps it could lead to under-reporting in the sense that if the threshold did not exist, all financial institutions would be reportable, so you're correct from that perspective. Still, Canada negotiated an agreement whereby this threshold was adopted. I'm suggesting we should follow through and clarify and ensure that information under $50,000 is not shared.