Thank you, Mr. Chairman.
Thank you, panellists, for coming this morning.
My questions aren't that difficult, and my cheering for my friend across the way was because he was asking one of my questions.
First of all, I want to thank Mr. Meunier for the report. As somebody on the committee, I think that when you have actual changes--and I know some are coming--providing them in writing would be much more efficient. We could debate that in future and have an understanding of what that involves.
I have a question for Mr. Fox. The question I've been dealing with regarding FINTRAC thus far has been about the new regulations, fines, and so on. At present it's only criminal offences, but now they're going to add some administrative offences. You've indicated support for the bill. Could you comment on the registration system, how you think it should work? What's your organization's position on that?