Mr. Ernewein and I had a small discussion about this earlier, just in terms of what the impact of this would be.
We have heard testimony from him and from some others, that maybe in the process of a bank inquiring after a client's information, that may not tip them off, but give them the indication that they may be in this FATCA net. That seems a passive way to go about this. If privacy laws are of any interest, and sovereignty is of any interest to my friends across the way, then this simple notification measure here requiring the banks to notify somebody, it's not....
Maybe I can ask this specific question of Mr. Ernewein. Is there any concern that the notification process that we're passing your information on to the CRA, which will go to the IRS, would have some negative...?
We seem dispassionate about the passing of this information. We say the Americans are deeming these people as American persons. We are the conduit. We are agnostic about the amount of taxes that may or may not be collected by the IRS. Is that fair to this point, in terms of the way this agreement is structured?